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United StatesDuring Q1 2025, the East Asian Mixed Xylene market of South Korea experienced a modest upward trend with prices at USD 715/MT, registering a merger rise of 0.28%. Steady demand from the chemicals, automotive, and coatings sectors, which still depend on Mixed Xylene as a precious raw material, supported the market. Demand was stable with the supply side also facing over-supply of the commodity and thus prices were constant with only marginal increase from the last quarter.
In Q4 2024, South Korea Mixed Xylene prices fell, with the price standing at USD 713/MT, down by a -16.90% from Q3 2024. The drop was caused by several factors on the global market, including a drop in demand by some of the biggest manufacturing industries and the arrival on the market of a massive amount of the commodity. Mixed Xylene Production was stable, but in the presence of global petrochemical overcapacity and the weakening demand from large markets like North America and Europe, prices were struggling on the downside owing to this.
South Korean Mixed Xylene prices during Q3 2024 fell by a modest -2.50% from Q2 2024, and prices were fluctuating around USD 858/MT. Increases in demand were moderated by a symphony of factors that affected the market, with consistent global supply being one of them. It was a period when the prices stabilized by virtue of excessive levels of abundance of Mixed Xylene in the international market that kept on attaining equilibrium within the demand-supply situation. Even while falling by a microscopic margin, the trend was sustained because the product continued to stay very fashionable within key markets.
South Korean Mixed Xylene prices continued the upward trend in Q2 2024 at $880.3409/MT, 2.56% more than in Q1. Downstream sector demand for applications like automotive and packaging continued to be supported, coupled with increased refining. Industrial production rose worldwide, led most notably by the Asian and European markets. In addition, the global supply chain began to find strength from previous disruptions, thus leading to improved raw material supply. However, higher freight rates and supply issues, notably in the APAC market, continued to press the market. South Korea continued to be the leading exporter due to firm local demand and reliable refinery operations.
During Q1 2024, the global Mixed Xylene market revealed a rising trend, with South Korea, being among the major players of the Asia-Pacific (APAC) region, at $858.4037/MT. It increased by 6.78% in comparison to the previous quarter. It was due to the increased demand for the petrochemical industry, for production aims of paraxylene used in the manufacturing of polyester fibres sand plastics. Mixed Xylene demand surged suddenly with downstream industries such as plastics and textiles picking up. Added to this were increases in crude oil prices and supply disruption by the ever-present geopolitics, also lending support to the price surge. South Korea, being one of the country’s biggest petrochemical export hubs, absorbed higher demands from surrounding states, which kept the market balance.
In Q1 2025, the market stabilized with prices moving slightly higher to $806.99/MT, a 0.09% change from Q4. Though small, this suggested a potential return driven by incremental healing in demand from the solvent and chemical markets. With budgetary budgets rolling over and manufacturing activity incrementally coming back after winter, buyers tentatively re-entered the market. However, the overall market sentiment was still conservative, with the suppliers closely observing international crude trends and domestic downstream response before adjusting production and price plans.
In Q4 2024, the downtrend extended, with prices hitting a low of $806.25/MT, another 14.38% drop from Q3. Seasonal factors such as reduced industrial activity during year-end holidays, especially in the coatings and resin sectors, were a major influence. The market was also under pressure from global oversupply levels and weak export demand, especially from long-standing customers in the Middle East and Southeast Asia. Despite expectations of a modest festive pick-up in packaging sectors, overall sentiment was dampened by high stocks and weak inquiry.
Indian Mixed Xylene prices in Q3 2024 saw a substantial correction as the prices fell to $941.68/MT, a reduction of 11.24% quarter-on-quarter from Q2. The reason for the fall in prices was reduced downstream demand and sudden stockpiling. Downstream segments cut buying owing to the beginning of the monsoon season and outstanding projects in paint and chemicals. Additionally, domestic refiners had also resumed operations at capacity levels, hence leading to surplus supply. Import parity declined as well during this period, reducing pricing power for domestic sellers.
By Q2 2024, the condition improved moderately, with prices rising to $1060.94/MT, a 4.94% rise from Q1. The rise was supported by growing consumption from the paint, adhesives, and agrochemical sectors, especially ahead of the monsoon season. Export demand also supported the momentum, as Indian suppliers responded to tightening supply in Southeast Asia owing to turnaround schedules in regional refineries. In addition, a small hardening in the prices of upstream Naphtha and Aromatic crude offered some cost pressure to the Mixed Xylene market during this quarter.
In Q1 2024, Indian Mixed Xylene market was mildly bearish as prices settled around $1011.03/MT on average, down 1.87% from the previous quarter. This was mainly due to weak downstream demand from industries such as solvents and dyes, led by ample stocks in domestic depots. Further, the post-year-end slowdown in industrial consumption and reduced buying interest by bulk buyers brought about a bearish market sentiment. Although foreign prices generally remained firm, the domestic market reflected a cautious tone, hedging between international patterns and domestic demand deficiencies.
PriceWatch is your trusted resource for tracking global mixed xylene price trends. Our platform delivers real-time data and expert analysis, offering deep insights into the key factors driving price fluctuations in the mixed xylene market. By monitoring critical events such as geopolitical tensions, supply chain disruptions, and economic shifts, PriceWatch keeps you fully informed of market dynamics.
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Molecular Weight[g/mol]
CAS No
HS Code
Molecular Formula
Mix-xylene is primarily derived from the refining of crude oil and is a key intermediate in the production of various chemicals and materials. Its versatility and unique properties make it a valuable raw material in several industries, including petrochemicals, plastics, textiles, and paints.
Packaging Type
Grades Covered
Incoterms Used
Synonym
PriceWatch Quotation Terms:
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 |
| Density at 20°C (g/cm³) | 0.8652 |
| Non-Aromatic (wt.%) | 2.7 |
| Colour (Pt-Co) | No. 1 |
| Distillation Range (°C) | 2 |
| IBP (°C) | 136.7 |
| DP (°C) | 138.7 |
| Density at 15°C (g/cm³) | 0.8686 |
| Density at 30°C (g/cm³) | 0.8583 |
| Benzene Content (%wt.) | < 0.01 |
| Ethyl Benzene (%wt.) | 60.97 |
| o-Xylene (%wt.) | 8.18 |
| m-Xylene (%wt.) | 19.93 |
| p-Xylene (%wt.) | 7.93 |
| Styrene (%wt.) | < 0.01 |
Applications
Mixed xylene, a mixture of different xylene isomers (ortho-, meta-, and para-xylene), has several important applications across various industries:
The price of Mixed Xylene is influenced by several key factors, including the cost of crude oil, availability of feedstocks like toluene and xylenes, and global demand from industries such as plastics, solvents, and chemicals. Additionally, geopolitical tensions, supply chain disruptions, and seasonal demand fluctuations can also impact pricing. Understanding these factors helps procurement heads make informed purchasing decisions.
To forecast Mixed Xylene prices effectively, it is crucial to analyse market trends, historical price data, and economic indicators. Keeping an eye on crude oil prices and tracking supply-demand dynamics are essential. Utilizing market analysis reports and engaging with industry experts can provide valuable insights. Additionally, employing pricing models that account for various market conditions will help improve the accuracy of your forecasts.
To manage price volatility in Mixed Xylene, procurement heads can adopt several strategies. Long-term agreements with suppliers can help stabilize costs and ensure a consistent supply. Diversifying the supplier base can reduce dependency on any single source. Monitoring market trends and adjusting procurement strategies based on price forecasts can also optimize purchasing. Additionally, considering inventory management techniques, such as stockpiling during lower price periods, can provide a buffer against future price increases.
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