For clear insight into regional Xylenes-Mixed xylenes markets, you need in-depth price reports direct from those regions.
That’s why ICIS maintains a network of locally based reporters, providing not just price assessments but market commentary and analysis.
Use ICIS information to:
- Follow fluctuations and understand factors driving them
- Input into your own internal analytical models
- Clarify settlements and contracts
- Inform negotiations
Xylenes mixed xylenes US Transcript
The ICIS US mixed xylenes (MX) report is used by some majors as a benchmark in the aromatics petrochemicals sector. This is important because many companies trust ICIS and how we assess the market.
They can pretty much put their business in our hands because they base how we do business off one simple contract number that we publish.
The report can affect the outlook they have for a month, a quarter or even an entire year.
The US Gulf (USG) report for mixed xylenes also includes a monthly contract price and a weekly spot price which is used on a free on board (FOB) basis. What goes into this report besides spot prices and contract prices is the content that we have. It could be news content. It could be production content as well.
The people that buy this report are generally producers, it could also be financial companies, it could also be traders or brokers. It really depends on the need that we server for them which is accuracy and accurate price reporting.
We also cover all the bases when it comes to production and shipping movements, when it comes to where xylene is going and where xylene is coming from.
Mixed xylene is typically active, it’s really as active as benzene, and toluene can be, but it also goes through its slow times. Typically it is a very active market, it can also influence other markets like benzene and toluene in terms of demand and in terms of what is going on upstream, when it comes to gasoline and crude production.
You should buy this report really because of its accuracy. This report has been around ICIS really from the start, one of the key products that we cover in aromatics and its one of those reliable reports that people come to know, people come to trust when it comes to ICIS.
Xylenes-Mixed xylenes news and market information products from ICIS
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Updated to Q2 2015
The US orthoxylene (OX) market during the quarter saw slight increases, mainly on the back of higher pressure from Asia OX prices.
It was also impacted by higher mixed xylene (MX) prices, which have seen continuous increases the last few months.
OX comes out of the refining process with mixed xylenes and is typically affected by the price movement of MX, as well as toluene and benzene, which also come out of the gasoline stream.
June OX contracts settled at an increase of 3 cents/lb, after confirmation from buyers and sellers. The June settlement marked the fourth month of OX increases.
Prices are 10 cents higher than they were in February, according to an ICIS analysis.
In the spot market, OX spot prices saw a sharp upward shift in April, reacting to Asia markets, then saw a market correction in May.
ICIS provides pricing information, news and analysis for all major petrochemical and chemical markets, including Xylenes-Mixed xylenes.
We offer unbiased and independent price reporting, with our price assessments being widely quoted as benchmarks in contracts.
Our information is collected from market participants by our global network of reporters, delivering unrivalled coverage of established and emerging markets, including China and Asia.
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.