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
We offer the following regional Xylenes-Mixed xylenes coverage to keep you informed of factors and developments affecting prices in the US Xylenes-Mixed xylenes marketplace.
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News & Analysis - News & market analysis specifically relating to Xylenes-Mixed xylenes
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Insight and analysis of factors driving prices.
Updated to Q4 2016
US prices for mixed xylenes (MX) moved up to their highest point of the year in the fourth quarter, although the market fluctuated significantly within the quarter. Prices initially moved to a yearly high in October following a prolonged period of limited supplies. Participants at the time commented that they did not believe that these increases would prove sustainable as the fourth quarter is a seasonally slow season for most major MX derivatives. Prices came down in November as supply began to stabilise and the seasonal slowdown in derivative demand was felt more strongly by the market. However, prices moved upwards once again in December as fresh supply problems emerged in the US Gulf while OPEC's decision to limit crude oil production pushed crude oil and gasoline prices higher. As the quarter drew to a close, most participants expected further upward movement in MX derivatives, while xylenes prices were also likely to remain supported so long as oil prices remain high.
ICIS provides pricing information, news and analysis for all major petrochemical and chemical markets, including Xylenes-Mixed xylenes.
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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.
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