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.