mixed xylene Pricing Assessment

Markets Covered:

Australia

Canada

China

India

Indonesia

Mexico

Singapore

South Africa

Korea

Taiwan

Thailand

United Arab Emirates

United States

Mixed Xylene Price Trend, Analysis and Forecast

In Q1 2024, the global Mixed Xylene market saw an increased trend, with South Korea, a key player in the Asia-Pacific (APAC) region, reporting prices at $858.4037/MT, a 6.78% rise compared to the previous quarter. This growth was driven by rising demand from the petrochemical sector, particularly for paraxylene production, which is used in making polyester fibres and plastics. The demand for Mixed Xylene surged as downstream industries, including textiles and plastics, picked up pace. Additionally, higher crude oil prices and supply chain disruptions due to ongoing geopolitical tensions contributed to the price rise. South Korea, being a significant hub for petrochemical exports, saw a steady increase in demand from neighbouring countries, further stabilizing the market.

In Q2 2024, Mixed Xylene prices in South Korea continued a positive trend, increasing to $880.3409/MT, 2.56% rise from Q1. The sustained demand from downstream industries like automotive and packaging, coupled with increased refining activity, pushed prices upward. Globally, a rebound in industrial production, especially in Asia and Europe, supported this price increase. Additionally, the global supply chain began to recover from earlier disruptions, leading to better availability of raw materials. However, rising freight rates and transportation challenges, particularly in the APAC region, continued to exert pressure on the market. South Korea remained a key exporter, benefitting from strong regional demand and stable refinery operations.

By Q3 2024, the Mixed Xylene market in South Korea experienced a slight downturn, with prices in August reported at $890.5741/MT, reflecting a -0.35% decrease from July. This minor dip was attributed to softer demand from the downstream chemical and automotive sectors, as well as fluctuating crude oil prices, which directly impacted the cost of production. Globally, the market was affected by economic slowdowns in key economies, such as China and the United States, leading to a decrease in industrial output. Additionally, geopolitical uncertainties and inflationary pressures weighed on consumer spending, further reducing demand for end products derived from Mixed Xylene. Improved supply chain efficiency, particularly in shipping and logistics, also contributed to the slight price decline.

Looking ahead to Q4 2024, the Mixed Xylene market is expected to stabilize, with the potential for moderate price increases. As the festive season approaches, demand for products like packaging materials and consumer goods is likely to rise, boosting the need for Mixed Xylene in the production of plastics and fibers. Additionally, global crude oil prices, ongoing geopolitical tensions, and economic recovery efforts in major markets like Europe and North America could influence the market’s trajectory. In South Korea, the market is expected to remain stable due to consistent demand from regional industries, though any disruptions in global oil supplies or further economic slowdowns could impact pricing in the final quarter of the year.

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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, 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 mixed xylene prices worldwide. Stay ahead of the curve with ’s reliable, accurate, and timely mixed xylene market data.

Track 's mixed 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 mixed xylene prices

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

Global Logistics Crisis (2021-Present): Shipping disruptions, including port closures and container shortages, have made transportation difficult. These logistical challenges have resulted in delays and higher costs, contributing to fluctuations in mixed xylene prices.

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

Texas Winter Storm (2021): Severe weather in Texas halted production at several petrochemical facilities, causing temporary spikes in mixed 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 mixed xylene.

Methodology and Specifications

mixed 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 mixed xylene production hubs. This ground-level intelligence is crucial for understanding localized market dynamics.

Supply Chain Monitoring: We track the entire mixed xylene supply chain, from raw material availability (e.g., toluene and xylene isomers) 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 mixed 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, on mixed 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, plastics, and chemicals), to predict shifts in mixed xylene demand and corresponding price movements.

Production Capacity and Supply Analysis

Current Production Monitoring: We maintain a comprehensive database of global mixed 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 mixed 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 chemicals. 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 mixed 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 mixed 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 mixed 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

1330-20-7

HS Code

29024400

Molecular Formula

C 8H 10

mixed xylene

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

Drum (170 Kg)

Grades Covered

Industrial Grade (>99%)

Incoterms Used

FOB Busan, FOB Houston, FOB Kaohsiung, FOB Laem Chabang, Ex-China CIF Cape Town (South Korea, Taiwan), CIF Jabel Ali (Taiwan, Thailand) CIF Jakarta (Thailand), CIF Manzanillo (USA), CIF Melbourne (South Korea), CIF Montreal (USA), CIF Nhava Sheva (Taiwan), CIF Shanghai (South Korea, USA), CIF Singapore (South Korea, Taiwan)

Synonym

1,4-Dimethyl Benzene, Methyl toluene

Quotation Terms:

10-15 MT (Domestic), 25-30 MT (Import- Export)

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: Solvent: Mixed xylene is widely used as a solvent in paints, varnishes, coatings, and adhesives. Its ability to dissolve a range of substances makes it valuable in formulations. Chemical Intermediate: It serves as a precursor for producing various chemicals, including phthalic anhydride, which is used in the manufacture of plasticizers, resins, and dyes. Petrochemical Industry: Mixed xylene is used in the production of para-xylene and ortho-xylene through separation processes. These isomers are essential for producing polyester fibers and films. Fuel Additives: It may be blended with fuels to improve performance characteristics, such as octane ratings in gasoline.

Disclaimer

Mixed 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 mixed 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 key factors influence the price of Mixed Xylene? +

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.

How can I accurately forecast Mixed Xylene prices? +

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.

What strategies can I implement to manage Mixed Xylene price volatility? +

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.