Xylenes-Mixed xylenes Prices, markets & analysis
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Xylenes mixed-xylenes Europe Transcript
The ICIS European Mixed Xylene report gives a spot price range and is published on a weekly basis.
The range reflects deals done on that particular week but in the absence of any deals, that range is set using the lowest bid and highest offer. The report also touches upon downstream demand in the solvents sector and highlights developments in the Paraxylene and Orthoxlene market.
The report is widely used in the market to help participants make informed purchasing and selling decisions and to give them up to date key market information.
Xylenes-Mixed xylenes news and market information products from ICIS
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Updated to Q1 2015
European mixed xylene (MX) prices continued to dependent on gasoline values with limited other outlets for product. Downstream isomerisation (paraxylene production) volumes have been limited, although there is some hope of a pick-up given seasonality of downstream production and given stronger exports. In addition, exports of MX have been fairly limited given volatility of global pricing.
Gasoline generally rose over the quarter, with a trough in mid-January at $425/tonne and then peaking in March at $629/tonne on average. Higher crude values and good demand for gasoline exports were key to this increase.
Blend premiums were from $50-60/tonne on average, in line with those of co-product and blend substitute toluene. However, blend premiums were heard as low as $37/tonne in March as the market talked of oversupply of gasoline components. However, they had recovered to $50-70/tonne by the end of March.
MX for the solvents market has seen steady demand, but more limited availability than co-product toluene. Prices tend to follow bulk prices but with some lag.
ICIS provides pricing information, news and analysis for all major petrochemical and chemical markets, including Xylenes-Mixed xylenes.
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ICIS price assessments are based on information gathered from a wide cross section of the market, comprising consumers, producers, traders and distributors. Confirmed deals, verified by both buyer and seller, provide the foundation of our price assessments, giving you a robust reference for your negotiations.
ICIS collects pricing data on a wide range of chemical, energy and fertilizer products, including Xylenes-Mixed xylenes. Our extensive experience in price reporting means we can offer you access to historical data dating back more than 20 years for certain commodities.
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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.
Our in-depth market knowledge drives our specialist focus, as we recognise the importance of individual market dynamics and not a one-size-fits-all approach.
Over 25 years of reporting on key chemicals markets, including Xylenes-Mixed xylenes, has brought global recognition of our methodology as being unbiased, authoritative and rigorous in preserving our editorial integrity. Our global network of reporters in Houston, London, Singapore, Shanghai, Guangzhou, Mumbai, Perth and Moscow ensures unrivalled coverage of established and emerging markets.