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China's two major orthoxylene producers, Sinopec and PetroChina, raised their domestic
ex-tank prices by Yuan 200/mt on Monday, an end-user said Wednesday.
Sinopec's new price is Yuan 6,700/mt, or about $887.60/mt on an import parity basis, while
PetroChina's new price is Yuan 6,400/mt, or about $847.80/mt on an import parity basis.
The last time Sinopec and PetroChina raised OX prices was on May 14, also by Yuan 200/mt.
The international spot price of OX was last assessed May 18 at $850/mt CFR China, up $35/m
t week on week, S&P Global Platts data shows.
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