Paraxylene-Orthoxylene Prices, markets & analysis
Use the independent price assessments and market coverage in our price reports to track the regional Paraxylene-Orthoxylene market.
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Paraxylene-Orthoxylene US Transcript
The paraxylene report is a weekly snapshot of the market. There are two price-ranges in the ICIS report on US Gulf paraxylene.
The first is the contract price, which is settled between major buyers and sellers every month. The other range is the spot price which is assessed on an FOB basis and can move around from week to week.
ICIS talks to US suppliers about production issues, and we also talk to buyers about trends in demand. Additionally, traders, exporters and other consumers of this report are consulted in order to get relevant feedback on what’s happening in the market.
The ICIS paraxylene report is a timely, relevant publication for US gulf information.
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Updated to Q3 2014
US orthoxylene (OX) contract pricing also fell during Q3, following a declining trend in US mixed xylenes (MX) spot prices. OX comes out of the refining process with MX and is typically affected by its price movement, as well as the movement of toluene and benzene that also come out of the gasoline stream.
The September OX contract price was settled at 56 cents/lb FOB, down 13% from 64.50 cents/lb FOB in July.
Updated to Q3 2014
US paraxylene (PX) contracts were on a downswing in the third quarter (Q3) under declining price pressure from Asia PX spot prices. US PX pricing follows trends in the Asia PX spot market.
The September PX contract price settled at 64.50 cents/lb ($1,422/tonne) DEL, a 7.5% drop from 69.75 cents/lb DEL in July.
There was some build-up of PX that could not be consumed in downstream purified terephthalic acid (PTA) due to the PTA outage at BP’s Cooper River, South Carolina, site, which was damaged by a fire in August.
The paraxylene (PX) report is a weekly snapshot of the market. There are two price ranges in the ICIS report for US Gulf (USG) PX.
The first is the contract price that is settled between major buyers and sellers every month.
The other range is the spot price, which is assessed on a free-on-board (FOB) basis and can move around from week to week.
ICIS talks to US suppliers about production issues and we also talk to buyers about trends in demand.
Additionally, traders, exporters and other consumers of this report are consulted to get relevant feedback on what is happening in the market.
The ICIS PX report is a timely and relevant publication for USG information.
ICIS collects pricing data on a wide range of chemical, energy and fertilizer products, including Paraxylene-Orthoxylene. Our extensive experience in price reporting means we can offer you access to historical data dating back more than 20 years for certain commodities.
Our time series of pricing data enables you to build and model trends, to get a view of where markets might be heading. The data service includes charting functionality, allowing you to chart and download multiple data series for manipulation in your own internal models. You can also export data to Excel via the ICIS dashboard service.
Paraxylene Methodology Consultation read more >
ICIS price assessments are based on information gathered from a wide cross-section of the market, comprising consumers, producers, traders and distributors from more than 250 reporters world-wide. Confirmed deals, verified by both buyer and seller, provide the foundation of our price assessments.
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