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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US orthoxylene (OX) saw a steady decline for the majority of Q2, before stabilising at a rollover in June. OX is at 55.75 cents/lb FOB in June from 58.50 cents/lb FOB in March.
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.
Updated to Q2 2014
US paraxylene (PX) had a difficult start to the second quarter (Q2), when buyers and sellers could not come to an agreement in April for the April PX contract price. The stalemate finally broke in mid-May, when the market saw a split settlement for the April contract price.
The May contract price settled at the very end of that month, and June has yet to be declared as fully settled. However, PX pricing is expected to move up, following stronger co-product US mixed xylene (MX) pricing and an increasing trend in Asia PX spot prices.
The May PX contract price was settled at 63 cents/lb ($1,389/tonne) DEL from 63.50 cents/lb DEL in March.
Updated to Q2 2014
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 >
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