Paraxylene is used in fibers and polyethylene terephthalate (PET) for plastic bottles

Imports down 22.2% and exports up 30.3%; YTD import-export volumes balanced

Drop in crude oil prices drag petrochemical values lower

Prices fell 13.4% month over month as recent uptick in demand lost momentum

Production Down 300,000 Barrels Per Day on Drops from Saudi Arabia, Iraq and Nigeria