Paraxylene-Orthoxylene prices, markets & analysis

The Paraxylene-Orthoxylene (PX-OX) markets are covered by ICIS' network of locally-based reporters in Asia, Europe and the US. The weekly reports bring you in-depth news on spot on contract markets and analysis in the commentary provides intelligence on developments in market activity, upstream movements, production news and graphs.

These are an essential tool for those involved in the industry to keep abreast of market movements and make crucial commercial choices.

What's happening in the Paraxylene-Orthoxylene market
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Paraxylene-Orthoxylene overview Transcript

Paraxylene or PX is the largest volume isomer of the mixed xylene aromatic stream. Almost all PX goes in the production of the fibre intermediate purified terephthalic acid (PTA) which is subsequently used in polyester production.

The global PX market has been generally tight with strong growth witnessed in the downstream segment. Pricing for PX is generally influence by crude futures and sentiment in the down stream markets.

Production issues can quickly lead to fluctuation in prices in Asia where trade is relatively liquid as compared to the rest of the world. Asian PX trade is largely contract based, but there is still a fairly liquid spot market. Japan and South Korea are major exporters to the world’s largest importer, China. The recent emergence of producers in the middle east could fundamentally alter trade flows.

Orthoxylene or OX is the second largest volume isomer of the mixed xylene stream. OX is typically a by-product of PX production and is typically consumed in the manufacture of phthalic anhydride (PA). Pricing for OX is generally influenced by movements in crude futures, costs of raw materials as well as sentiment in the downstream PA sector. Supply of OX is tight in Asia as makers have scaled back operating rates to maximise production of the more lucrative commodity, PX.

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Paraxylene-Orthoxylene news and market information products from ICIS

We offer the following regional Paraxylene-Orthoxylene analysis and news coverage to keep you informed of factors and developments affecting prices in the Paraxylene-Orthoxylene marketplace.

  • Price reporting

    Price Reporting – More information about the price reports we publish on Paraxylene-Orthoxylene

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    Price History – More information about the historical price data we publish on Paraxylene-Orthoxylene

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    News & Analysis - News & market analysis specifically relating to Paraxylene-Orthoxylene

    Breaking news of latest developments affecting the markets.

    Insight and analysis of factors driving prices.

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