WPC provides critical information and up-to-date expert insight on the long-term ramifications that the energy, chemical, and petrochemical industries will face in the coming months and years.Learn about WPC
Networking has been listed among the top two core reasons for attendance at WPC. Leverage the unique opportunity to tell your story on a global scale.Learn More
The Asian paraxylene market has gone through tumultuous times as China's increasing refinery capacities collide with turmoil from the COVID-19 pandemic and Russian-Ukraine conflict.
Volatility, in turn has become a hallmark of paraxylene, as market participants grapple with uncertain price directions.
A rise in gasoline blending demand from markets like the US has created additional ripples in the value chain, with supply diverted to gasoline markets with higher economics.
As the market looks to re-balance from supply overhang post systematic increases in refinery capacities and downstream production cuts, timely and market driven benchmark developments in price assessments became increasingly important for market participants looking to navigate the transition in the industry.
Taking a deeper look into the evolution of this important market, this session will seek to explore global impacts and provide insights on the paraxylene market as China re-opens from the pandemic.