ICIS has a network of locally based reporters providing coverage of regional Xylenes-Mixed xylenes markets. They provide not just pricing information, but an in-depth understanding of the factors driving prices and market fluctuations.
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We offer the following regional Xylenes-Mixed xylenes coverage to keep you informed of factors and developments affecting prices in the Asia Xylenes-Mixed xylenes marketplace.
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Updated to Q2 2017
Falling crude values amid geopolitical tensions and oversupply concerns weighed on the isomer-grade xylene market. However, support from Singapore-based trading house, Shell Eastern Trading Company (SIETCO) capped declines.
SIETCO was purchasing to cover their short trading position and snapped up seven May to July-arrival parcels on a CFR Taiwan basis.
The declines in downstream paraxylene (PX) and purified terephthalic acid (PTA) markets weighed on feedstock isomer-grade xylene spot prices, with several participants bearish, citing prevailing weak downstream demand in the polyester sectors on poor global consumption.
Supply and demand fundamentals for July are expected to be long as most regional producers would have completed maintenances. Subsequently, most end-users were holding back on purchases as they expect prices to continue falling.
Suppliers to the northeast Asian markets priced July delivery shipments lower in view of the oversupply. However, end-users were cautious as weak off-taking activity from the derivative PTA market and high feedstock costs had eroded margins.
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.