China's PX import appetite set to rise through 2026 despite upcoming expansions
China’s unsatiable appetite for imports of paraxylene are unlikely to slow down through 2026 despite planned domestic expansions as well as a halt in its rapid expansion of downstream purified terephthalic acid production, market sources told S&P Global Energy. On an annual basis, China’s PX imports grew 2.41% at 9.61 million mt in 2025 compared to 9.38 million mt in 2024, the latest data fromChina’s unsatiable appetite for imports of paraxylene are unlikely to slow down through 2026 despite planned domestic expansions as well as a halt in its rapid expansion of downstream purified terephthalic acid production, market sources told S&P Global Energy. On an annual basis, China’s PX imports grew 2.41% at 9.61 million mt in 2025 compared to 9.38 million mt in 2024, the latest data fromRead More