ortho xylene Pricing Assessment

Markets Covered:

Belgium

Chile

China

Germany

India

Indonesia

Malaysia

Mexico

Netherlands

Singapore

South Africa

Korea

United States

Ortho Xylene Price Trend, Analysis and Forecast

In Q1 2024, the global Ortho Xylene market experienced a mixed trend. In India, prices for bulk Ortho Xylene were reported at INR 93,335/MT, reflecting a decrease of 5.94% from the previous quarter. This decline was influenced by fluctuating crude oil prices and reduced demand from downstream industries. In South Korea and Singapore, stable demand supported pricing, while the Netherlands saw slight volatility due to shifts in production capacity. Overall, the market was characterized by a balancing act between supply and demand, with global economic uncertainties playing a role in price adjustments.

In Q2 2024, the Ortho Xylene market saw a rebound, particularly in India, where prices rose to INR 116,000/MT, marking a sharp increase of 24.29% from Q1. This upward trend can be attributed to a resurgence in demand from the textile and automotive sectors, which boosted consumption rates. Additionally, production disruptions in some regions and rising feedstock costs contributed to the tightening of supply, pushing prices higher. Other markets, including South Korea and the Netherlands, also reported similar trends, driven by stronger industrial activity and export demands.

By August 2024, the price of bulk Ortho Xylene in India reported at INR 98,000/MT, reflecting a sudden decrease of 8.69% from July 2024. This decline can be linked to a shift in market dynamics, with increased global supply and a slowdown in demand as certain sectors adjusted to inventory levels. Supply chain improvements in shipping and logistics, along with stabilization in feedstock prices, further contributed to this price correction. In South Korea and Singapore, similar patterns emerged, where market participants experienced pressure from excess inventory and less aggressive buying.

Looking ahead to Q4 2024, the Ortho Xylene market may face several influences that could shape its behaviour. Seasonal demand from the construction and automotive industries is expected to rise, potentially exerting upward pressure on prices. However, the global economic landscape remains uncertain, with factors such as inflation and geopolitical tensions potentially impacting demand. Overall, the interplay of these elements will be crucial in determining market trends as we move toward the end of the year.

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is your trusted resource for tracking global ortho xylene price trends. Our platform delivers real-time data and expert analysis, offering deep insights into the key factors driving price fluctuations in the ortho 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 ortho xylene prices worldwide. Stay ahead of the curve with ’s reliable, accurate, and timely ortho xylene market data.

Track 's ortho 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 ortho xylene prices

Winter Storm Uri (February 2021, U.S.): This severe winter storm struck a significant part of the U.S., particularly Texas, a critical region for petrochemical production. The storm resulted in widespread power outages, causing petrochemical plants and refineries to halt operations. This disruption affected the production of essential feedstocks for ortho-xylene, leading to shortages and subsequent price increases in the market.

Global Logistics and Shipping Crisis (2021-Present): The pandemic-induced surge in e-commerce combined with shipping route disruptions, port closures, and container shortages created a logistics crisis. Transporting raw materials and finished ortho-xylene products became increasingly difficult, resulting in delays and rising costs for manufacturers. This strained production capabilities and contributed to fluctuations in ortho-xylene prices.

Russia-Ukraine Conflict (2022-Present): The ongoing conflict disrupted energy supplies, particularly natural gas, and oil, which are vital for the petrochemical industry. Europe, heavily reliant on Russian energy, faced significant supply challenges. This situation affected the availability and cost of key raw materials like benzene, impacting production costs and leading to supply disruptions in the ortho-xylene markets across Europe.

Global Energy Crisis (2021-2023): Rising natural gas and crude oil prices during this period heavily influenced the production of various chemicals, including ortho-xylene. As production relies on petrochemical feedstocks, the energy crisis increased the costs of producing necessary materials, such as benzene, thereby driving up overall production expenses and leading to reduced output in several regions.

Methodology and Specifications

ortho xylene Pricing Assessment Research Methodology

Data Collection and Sources

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

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

Supply Chain Monitoring: We track the entire ortho-xylene supply chain, from raw material availability (e.g., benzene, toluene) 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 affect ortho-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 storms, on ortho-xylene production facilities, particularly in vulnerable regions. These events are factored into our price forecasts and supply outlooks.

Market Dynamics: evaluates key market dynamics, including shifts in manufacturing activity, regulatory changes, and evolving consumer demands, to predict shifts in ortho-xylene demand and corresponding price movements.

Production Capacity and Supply Analysis

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

Future Capacity Projections: Our research includes detailed forecasts of upcoming ortho-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, textiles, and automotive. 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 ortho-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 ortho-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 ortho-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

95-47-6

HS Code

29024100

Molecular Formula

C6H4(CH3)2

ortho xylene

o-Xylene is largely used in the production of Phthalic anhydride, which is a precursor to many materials, drugs, and other chemicals. Related to their easy oxidation, the methyl groups are susceptible to halogenation. When treated with elemental Bromine, these groups are brominated, yielding xylylene dibromide. 

Packaging Type

Tanker (Export- Import), Drum (Domestic)

Grades Covered

Industrial Grade (>99%)

Incoterms Used

FOB Busan, FOB Singapore, FOB Houston, CIF Cape Town (Netherlands, Singapore), CIF Jakarta, CIF Manzanillo, CIF Port Kelang, CIF San Antonio, CIF Shanghai (South Korea, Singapore), Ex- Ahmedabad, Ex- Mumbai (Bulk, Retail), Ex- Nanjing, FD Antwerp, FD Hamburg, FD Rotterdam

Synonym

o-xylol, 1,2 Dimethylbenzene

Quotation Terms:

25-30 MT (Export- Import), 15-20 MT (Domestic)

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	0.88 g/cm3 (25 °C)
Explosion limit	1.0 - 7.6 %(V)
Flash point	32.0 °C
Ignition temperature	465 °C
Melting Point	-25.2 °C (ECHA)
Vapor pressure	13.37 h Pa (32.22 °C)
Solubility	0.18 g/l
Storage class	3 Flammable liquids
WGK	WGK 2 obviously hazardous to water
colour	Clear Colourless
Boiling Point	143-145°C

Applications

Ortho Xylene is an important compound in the manufacture of plasticizers. Ortho xylene is also used as a solvent in the manufacture of paint, varnish, glue, printing ink, insecticides, dyes and in the rubber and pharmaceutical product industries.

Disclaimer

Ortho 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 ortho 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 factors affect the pricing of Ortho Xylene? +

The pricing of Ortho Xylene is influenced by several key factors, including the cost of crude oil and feedstocks like naphtha and xylene isomers. Supply and demand dynamics play a crucial role, as fluctuations in industrial demand from sectors such as plastics, textiles, and solvents can impact prices. Additionally, geopolitical events, natural disasters, and changes in production capacity also contribute to price volatility. Understanding these factors is essential for procurement heads to make informed purchasing decisions.

How can procurement teams forecast Ortho Xylene prices effectively? +

To forecast Ortho Xylene prices effectively, procurement teams should analyse market trends, historical price data, and economic indicators such as industrial production rates and global demand. Engaging with industry reports and expert analyses can provide deeper insights into market conditions. Additionally, tracking changes in raw material costs and supply chain dynamics will help refine price forecasts, allowing for better budgeting and purchasing strategies.

What strategies can be used to mitigate Ortho Xylene price fluctuations? +

To mitigate price fluctuations in Ortho Xylene, procurement heads can implement several strategies. Establishing long-term contracts with suppliers can help stabilize prices and ensure consistent supply. Diversifying the supplier base reduces risk by avoiding dependency on a single source. Additionally, maintaining an agile inventory management system that allows for bulk purchasing during price dips can help optimize costs. Regularly reviewing market conditions and adjusting procurement plans accordingly will further enhance cost management efforts.