meta xylene Pricing Assessment

Markets Covered:

China

India

Japan

Malaysia

Thailand

Meta Xylene Price Trend, Analysis and Forecast

In Q1 2024, the global Meta Xylene market saw an increase-stabilized trend, particularly in Japan, which plays a key role in the Asia-Pacific (APAC) region. Prices in Japan were reported at $1711.04/MT, reflecting a modest rise of 0.45% from the previous quarter. This upward movement was driven by strong demand from the downstream petrochemical sector, particularly to produce Para-xylene, which is essential for producing plastics and synthetic fibres. Additionally, a slight rise in crude oil prices during this period contributed to the cost of production, adding upward pressure on Meta Xylene prices. Globally, tight supplies and supply chain disruptions in some regions also supported price stability.

In Q2 2024, Meta Xylene prices in Japan experienced a negative trend, declining to $1643.071/MT, marking a -3.97% drop from Q1. This decrease was largely due to weaker demand from the downstream polyester industry, which experienced a temporary slowdown due to oversupply and lower production rates. Additionally, a decline in crude oil prices during this period reduced raw material costs, further pushing Meta Xylene prices downward. On a global scale, markets in Europe and North America witnessed similar trends as industrial activity slowed and supply chains improved, allowing for more balanced pricing.

By Q3 2024, the Meta Xylene market in Japan continued its downward trajectory, with prices in August reported at $1569.593/MT, reflecting a -0.99% decrease from July. This was attributed to reduced global demand for end products like polyester and PET bottles, especially as inflationary pressures in key economies slowed consumer spending. Furthermore, the global market was impacted by ongoing geopolitical tensions, which affected trade flows and industrial production. Improved refinery operations and greater availability of Meta Xylene globally also contributed to the price decline.

Looking ahead to Q4 2024, the Meta Xylene market is expected to stabilize with the potential for slight price increases as the demand for polyester and related products could rebound due to the festive season. Additionally, any fluctuations in crude oil prices and geopolitical factors could impact market dynamics. In Japan, the expected seasonal rise in demand for petrochemical products may also push prices higher. However, uncertainties around global economic growth and supply chain stability could create some volatility, making the market outlook cautiously optimistic for the upcoming quarter.

Why ?

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is your trusted resource for tracking global meta xylene price trends. Our platform delivers real-time data and expert analysis, offering deep insights into the key factors driving price fluctuations in the meta xylene market. By monitoring critical events such as geopolitical tensions, supply chain disruptions, and economic shifts, keeps you fully informed of market dynamics.

In addition, provides detailed forecasts and updates on production capacities, enabling you to anticipate market changes and make well-informed decisions. With , you gain a competitive edge in understanding all the elements that influence meta xylene prices worldwide. Stay ahead of the curve with ’s reliable, accurate, and timely meta xylene market data.

Track 's meta xylene price assessment on a weekly basis since 2015 onwards, along with short-term forecasts, and get access to the detailed report in a downloadable format.

Historically, several events have caused significant fluctuations in meta xylene prices

Russia-Ukraine Conflict (2022-Present): Ongoing disruptions in energy supplies and petrochemical production in Europe have led to increased costs and heightened price volatility for meta-xylene globally.

Global Logistics Crisis (2021-Present): The pandemic-induced challenges in shipping, including port closures and container shortages, have made transportation difficult. This has resulted in delays and higher costs, contributing to price fluctuations in the meta-xylene market.

COVID-19 Pandemic (2020-2022): The initial lockdowns caused a sharp decline in demand, but as industries reopened, there was a significant rebound in demand for packaging and hygiene products, leading to price volatility.

Texas Winter Storm (2021): Severe weather in Texas caused production halts in petrochemical facilities, resulting in temporary spikes in meta-xylene prices due to supply shortages.

Geopolitical Tensions (2018-2019): Trade disputes, particularly between the U.S. and China, created uncertainty in global markets, disrupting supply chains and causing price instability for meta-xylene.

Shale Gas Boom (2010s): Although primarily impacting the previous decade, the increased availability of feedstocks from shale gas production in the U.S. helped lower production costs and stabilize prices in the meta-xylene market.

These events illustrate the meta-xylene market’s sensitivity to global disruptions and emphasize the importance of monitoring supply and demand dynamics continuously.

Methodology and Specifications

meta xylene Pricing Assessment Research Methodology

Data Collection and Sources

Real-Time Market Data: aggregates real-time pricing data from a diverse range of sources, including global commodity exchanges, industry reports, and proprietary databases. This ensures that our assessments reflect the most current market conditions.

On-the-Ground Intelligence: Our team gathers insights directly from key market participants, including producers, suppliers, traders, and end-users across major meta-xylene production hubs. This ground-level intelligence is crucial for understanding localized market dynamics.

Supply Chain Monitoring: We track the entire meta-xylene supply chain, from raw material availability (e.g., toluene, xylenes) to production and distribution channels. This includes monitoring feedstock prices, production capacities, and transportation logistics.

Event Tracking and Impact Analysis

Geopolitical Tensions: continuously monitors global geopolitical developments, such as conflicts or trade disputes, which can significantly impact meta-xylene prices. Our analysis includes potential disruptions to supply chains and their immediate and long-term effects on pricing.

Natural Disasters and Climate Events: We assess the impact of natural disasters, such as hurricanes or severe weather events, on meta-xylene production facilities, particularly in vulnerable regions. These events are factored into our price forecasts and supply outlooks.

Economic Shifts: evaluates macroeconomic trends, including global economic growth, inflation rates, and sector-specific demand (e.g., automotive, packaging, and chemicals), to predict shifts in meta-xylene demand and corresponding price movements.

Production Capacity and Supply Analysis

Current Production Monitoring: We maintain a comprehensive database of global meta-xylene production facilities, tracking their operational status, maintenance schedules, and output levels. This allows us to assess current supply availability accurately.

Future Capacity Projections: Our research includes detailed forecasts of upcoming meta-xylene production capacities, factoring in new plant constructions, expansions, and technological advancements. This helps in predicting future supply trends and potential price stabilization.

Demand Forecasting

Sectoral Demand Analysis: provides in-depth analysis of demand trends across key sectors, including packaging, automotive, and consumer goods. We track year-on-year demand growth and project future consumption patterns based on economic indicators and industry developments.

Global Demand Dynamics: Our methodology considers regional demand variations and how they influence global meta-xylene pricing. This includes understanding the impact of shifts in manufacturing bases, trade policies, and environmental regulations.

Pricing Model Development

Dynamic Pricing Models: utilizes advanced econometric models to forecast meta-xylene prices, incorporating real-time data, historical trends, and projected market conditions. Our models are continuously refined to enhance accuracy and predictive power.

Scenario Analysis: We conduct scenario-based assessments to evaluate potential future market conditions. This includes best-case, worst-case, and most likely scenarios, helping our clients prepare for a range of market outcomes.

Reporting and Client Support

Comprehensive Reports: Our clients receive detailed reports that include current price assessments, future price forecasts, and in-depth analysis of market drivers. These reports are designed to be actionable, providing clear insights and recommendations.

Ongoing Support: offers continuous updates and personalized support to our clients, ensuring they have the most up-to-date information to make informed decisions. Our experts are available to discuss specific market developments and provide tailored advice.

This research methodology ensures that delivers the most accurate, timely, and actionable meta-xylene pricing assessments, helping our clients stay ahead of market trends and make informed business decisions.

Specifications

Molecular Weight[g/mol]

106.16 g/mol

CAS No

108-38-3

HS Code

29024200

Molecular Formula

C6H4(CH3)2

meta xylene

m-Xylene (Meta-Xylene Aromatic Hydrocarbon. It is one of the three Isomers of dimethylbenzene known collectively as Xylenes. The m- stands for meta-, indicating that the two methyl groups in m-xylene occupy positions 1 and 3 on a benzene ring. It is in the positions of the two methyl groups, their arena substitution pattern, that it differs from the other isomers, o-xylene, and p-xylene.  

Packaging Type

Drum (170 Kg)

Grades Covered

Industrial Grade (>99%)

Incoterms Used

FOB Tokyo, CIF Laem Chabang, CIF Nhava Sheva, CIF Port Kelang, CIF Shanghai

Synonym

1,3-DIMETHYLBENZENE, M-XYLOL

Quotation Terms:

25-30 MT

Ex-Location: This incoterm refers to a shipping agreement where the seller makes the goods available at their premises, and the buyer is responsible for all transportation costs, including shipping, insurance, and any other fees.
CIF: CIF refers to the Cost, Insurance, and Freight (CIF) terms for goods. Under CIF terms, the seller is responsible for the cost of goods, insurance, and freight charges until the goods reach the port of destination.
FD: FD stands for Free Delivered where the seller takes full responsibility for delivering goods to the location/port. This ensures the buyer receives the goods at the designated port with all necessary costs, except import duties, covered.
FOB: FOB refers to the Free On-Board shipping term, where the seller is responsible for the cost and risk of delivering the goods to the port. Once the goods are on board the vessel, the responsibility shifts to the buyer for all costs, including shipping and insurance.

Properties	Specification
Vapor Pressure	8 h Pa (20 °C)
Quality Level	200
Assay	≥99% (GC)
Form	Liquid
Autoignition Temperature	525 °C
Explosive Limit	1.1-7 % (v/v)
Boiling Point (bp)	139.1 °C / 1013 h Pa
Melting Point (mp)	-48 °C
Flash Point	27 °C
Density	0.86 g/cm³ at 20 °C
Storage Temperature	2-30 °C

Applications

Meta-xylene, an isomer of xylene, has a variety of applications across different industries due to its chemical properties. Here are some of the key applications: Chemical Intermediate: Meta-xylene is primarily used as a precursor in the production of other chemicals, including phthalic anhydride, which is essential for making plasticizers, resins, and coatings. Solvent: It serves as a solvent in various industrial processes, particularly in the production of paints, varnishes, and adhesives. Petrochemical Industry: Meta-xylene is involved in the synthesis of para-xylene and ortho-xylene through alkylation processes, which are vital for producing polyester fibers and films. Pharmaceuticals: It is used as a solvent and in the formulation of certain pharmaceutical products. Plastics and Polymers: Meta-xylene is used in the production of certain plastics and polymers, enhancing properties such as durability and chemical resistance.

Disclaimer

Meta Xylene price provided by is a base price and excludes VAT/Taxes, discounts, or offers. The information herein is accurate to the best of our knowledge as of the date indicated and is provided solely for the convenience of our customers as a reference for meta xylene. disclaims any warranties or representations regarding the accuracy of results derived from this information. It is the sole responsibility of the user to assess the suitability of the product for their specific application. This document does not constitute an endorsement to use the product in violation of any applicable patent rights.

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Frequently asked questions

What are the main factors affecting the price of Meta Xylene? +

The price of Meta Xylene is primarily influenced by several factors, including crude oil prices, production costs, and supply-demand dynamics. Key feedstocks such as naphtha and toluene significantly impact pricing, as do fluctuations in global economic conditions. Additionally, geopolitical events and natural disasters can disrupt supply chains, leading to price volatility. Staying informed about these elements is crucial for procurement heads to make effective purchasing decisions.

How can I effectively forecast future Meta Xylene prices? +

Forecasting future Meta Xylene prices involves analysing various market indicators and trends. It's essential to monitor industry reports, economic forecasts, and changes in crude oil prices, as these can provide insights into potential price movements. Utilizing advanced pricing models that incorporate historical data, current market conditions, and future supply expectations can enhance accuracy. Engaging with market analysts and subscribing to relevant news sources can also help procurement teams stay ahead of pricing trends.

What strategies can I use to mitigate Meta Xylene price fluctuations? +

To mitigate price fluctuations in Meta Xylene, procurement heads can adopt several strategies. Establishing long-term contracts with suppliers can provide price stability and ensure reliable supply. Diversifying sourcing options is another effective strategy, reducing reliance on a single supplier. Additionally, monitoring market trends and adjusting procurement timelines based on price forecasts can optimize purchasing strategies. Finally, consider stockpiling during lower price periods to buffer against future price increases.