Aromatics
Benzene prices on an FOB Korea basis softened. Most derivatives were unprofitable and demand was weakening. Paraxylene (PX) prices on a CFR Northeast Asia basis was low in the first half of the week but the magnitude of the decline became smaller in the second half. The prices were moved along with the feedstock market such as crude oil and naphtha.

Olefins
In Northeast Asia, the ethylene market did not move. Few discussions were held at fixed prices. Buying ideas were in the range of $840-850/mt and selling ideas were in the range of $880-900/mt, which were wide apart.
The Asia propylene market was in a wait-and-see mood.
In Northeast Asia, while supply from South Korea was ample, buying interest from end-users in China was scarce. As a result, market sentiment became bearish. On an FOB South Korea basis, LG Chem carried out a sell tender for August loading.

In the Asia butadiene market, it was difficult for deals to be done at fixed prices.
In Northeast Asia, most end-users finished procurement for August delivery and buying interest for spot cargoes was not strong. On the other hand, sellers almost finished selling for August loading as well.
In Southeast Asia, a petrochemical maker conducted a sell tender for August loading.

Regarding facilities, Idemitsu Kosan halted operations of a naphtha cracker due to glitches.