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xylene

PX Market Morning Brief (20260909)

Published on 2026-09-09

Focus Points
1. PX settled at USD 1,235.67/mt, up USD 83/mt (CFR China).
2. PX operating rate was 81.7%.
3. PTA capacity utilization rate was 65.39%.
4. The overall polyester capacity utilization rate was around 73.63%.
Price List
Market Outlook

With the escalation of the Middle East situation, cost-side support remained in place. Raw material xylene stayed tight and high-priced, and the tight spot PX supply situation persisted. Supported by multiple bullish factors, the PX market continued its upward trend today.
Price List

Data Item	Release Date	Previous Period Data	Current Period Trend Forecast
PX Weekly Processing Spread	Thursday 17:00	276.28	↘
PX Weekly Output	Thursday 17:00	63.74	↗
PTA Demand	Thursday 17:00	77.02	↗
1. ↑↓ indicates significant fluctuation, highlighting data dimensions with a change exceeding 3%;
2. ↗↘ indicates narrow fluctuation, highlighting data with a change within 0-3%.

Elena Vasquez 2026-09-09 20:06

PX’s jump of $83/mt reflects solid cost support from tight xylene, yet downstream PTA utilization at 65% keeps cash margins under pressure, so I’m watching whether polyester demand can absorb these higher feedstock cos..

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