The xylenes markets are covered by ICIS weekly in Asia, Europe and the US and daily in Asia. Independent and unbiased price assessments are quoted for isomer and solvent grade in Asia, solvent grade in Europe and for mixed xylenes in the US. Our network of locally-based reporters can provide you with trustworthy and reliable information upon which you can make informed business choices.
Our news and analysis within the commentary of the reports includes overviews, upstream and downstram news, production updates, tank inventories, outlooks, demand and supply and any other factors pertinent to the market at the time.
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Xylenes-Mixed xylenes news and market information products from ICIS
We offer the following regional Xylenes-Mixed xylenes analysis and news coverage to keep you informed of factors and developments affecting prices in the Xylenes-Mixed xylenes marketplace.
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Xylenes-Mixed xylenes: Market overview
Updated to Q1 2017
Spot prices for mixed xylenes (MX) in the US firmed in the last quarter of 2016, largely owing to rising prices for crude oil and gasoline. For the first quarter of 2017, MX prices are likely to follow trends in crude oil and gasoline as most sources of chemical demand for MX experience slower demand during the winter months.
European MX sentiment has opened the year on a bullish note, with stronger crude oil and gasoline numbers supporting price indications. Firmer US pricing is also potentially opening a transatlantic arbitrage window in January 2017. Chemical demand in Europe has been slow to start so far in January, but is anticipated to be healthy for contractual volumes.
Asian isomer-grade xylene market is expected to follow its upstream crude and downstream paraxylene (PX) markets, although the existing supply overhang will create new trade flows as traders will be looking at other markets to offload their inventories. GS Caltex had sent 5,000 tonnes contractual isomer-grade xylene from Kaohsiung to US Gulf for mid-January loading.
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Xylenes-Mixed xylenes news & analysis
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About Xylenes-Mixed xylenes
The major use for xylenes is in the production of paraxylene (PX) and orthoxylene (OX). They are also used as a solvent in the paints industry and for other solvent uses.
Mixed xylenes (MX) are produced by high-severity catalytic reforming of naphtha from which the C8 stream contains OX, metaxylene and PX, as well as ethylbenzene (EB).
Xylenes are also obtained from the pyrolysis gas (pygas) stream in a naphtha steam cracker and by toluene disproportionation (TDP) and transalkylation.
Mixed xylenes occur as a colourless, flammable liquid or crystals, with a characteristic odour. They are insoluble in water and miscible with most organic solvents.
Mixed xylenes are a clear, sweet and flammable aromatic liquid or vapour. They are harmful or fatal if swallowed or inhaled, causing respiratory tract irritation, eye and skin irritation or an allergic skin reaction.