Asian paraxylene prices were buoyed by a strong rebound in crude last week, but may retrace some of the hike this week as a stronger US dollar applies downward pressure on oil prices -- possibly reducing upstream support. SEE MORE Russia has retained the crown as China's top crude oil supplier for the second year in a row in 2017, lifting sales to Asia’s biggest oil consumer by nearly 14%. SEE MORE Most of the European chemicals industry is prepared and on track to meet the final 31 May deadline for regulatory system REACH, but there is less clarity on the readiness of smaller importers and some downstream supply chains, according to a director at trade body Cefic SEE MORE European spot prices for methanol have softened around €10/tonne this week as China’s Lunar New Year holiday is expected to dampen global demand. SEE MORE Northeast Asia's spot propylene (C3) market may remain on a bearish trend as buying activities have started to slow down with the approach of the Lunar New Year holiday. SEE MORE