Use the independent price assessments and market coverage in our price reports to track the regional Paraxylene-Orthoxylene market.
Our information is gathered by locally based reporters, giving unrivalled coverage of regional markets.
Updated to Q4 2019
Paraxylene
Third quarter PX supply is likely to increase amid strong refinery and chemical production rates for aromatics, increased feedstock mixed xylenes (MX) availability in the chemical market for on-purpose PX production, and sustained imports from Asia. Imports will be sustained amid expanding capacity in China before downstream PTA units come on line in 2020.
Third quarter PX demand is likely to fall with the end of the traditional peak PET demand season in the cooler fall and winter months. PET demand typically falls as demand for plastic drinking bottles decreases in the cooler months. Demand in South America will slightly improve during the summer.
Orthoxylene
Fourth quarter OX supply is likely to increase amid strong refinery and chemical production rates for aromatics and increased feedstock mixed xylenes (MX) availability in the chemical market for on-purpose OX production. Softer demand from the construction sector will also contribute to ample supply.
Fourth quarter OX demand is likely to fall with the end of the traditional peak construction season in the cooler fall and winter months. PA demand typically falls as construction activity slows in the cooler fall and winter months. Demand for OX imports in China may help to counterbalance softening domestic demand.
We offer the following regional Paraxylene-Orthoxylene analysis and news coverage to keep you informed of factors and developments affecting prices in the US Paraxylene-Orthoxylene marketplace.
Price reporting
Price history
News & analysis
Regional price assessments, published daily or weekly, enabling you to keep track of trading prices, understand price drivers/fluctuations and set a benchmark for contract price settl ements. ICIS offers reports on over 180 commodities across the global petrochemical, energy and fertilizer markets. Information covered in our price reports includes:
Information is accessed online, via the ICIS dashboard service and is configurable to suit your preferences.
Produced by the ICIS Consulting team, these reports give a robust rolling 12-month price forecast, trade balances and in-depth analysis into where markets are heading – providing a valuable tool to support your short- to medium-term plans.
ICIS pricing intelligence is delivered to you online via the ICIS dashboard. Here you can view your reports and also access other useful services including related news, analysis, historical data and market alerts.
ICIS dashboard also makes it easy for you to create pricing charts, download price history and export data to create tailored analytical models.
ICIS weekly margin reports deliver the detail you need to understand how production costs and prices are affecting margins, enabling you to judge the likely impact on your business and optimise your upstream and downstream business decisions.
Find out more about ICIS margin reports >>
The Supply and Demand Window on the ICIS Dashboard provides a snapshot view of historical and forecast information for supply and demand, production capacity and trade flows – a key tool to help safeguard future investments within the chemicals market.
24-hour global coverage of breaking news in the petrochemical industry, including updates on production, shutdowns and key transacted deals, keeping you informed of market developments as they happen. The ICIS news service allows you to customise the market alerts delivered to your email inbox, providing the business-critical information you need straightaway.
If you want to keep updated on the factors driving price movements in the global chemical markets, ICIS Chemical Business provides a summary of the information you need to support your business decisions. Every week, our global team of experts digests and summarises the key issues and their potential impact on the market – all in one magazine.
An expert view of supply and demand comprising four fully-reconciled databases, giving you access to extensive data for more than 100 markets. Information is included on global and regional trade flows, production, capacity and sources of demand in the short-, medium- and long-term. Data can be downloaded, customised and queried to support your planning requirements and your strategic decisions.
Analytics tools for MPG include:
ICIS provides specialist training courses across the global petrochemicals, base oils and fertilizers industries. Our training team of industry experts can help you increase your knowledge of the industry and gain the insight and know-how needed to operate and trade effectively.
Find out more about ICIS training courses >>
ICIS produces a series of highly informative and timely conferences. Extensive research is carried out to ensure that each programme delivers the information you need and addresses current industry issues. We source speakers who have the appropriate expertise and experience to deliver excellent quality papers.
Find out more about ICIS conferences >>
Working closely with you to understand your strategies, challenges and ambitions, the ICIS consulting team deliver tailored advice and solutions to suit your unique requirements. With many years’ experience of guiding business leadership teams, we show you how market conditions can make a positive or negative impact on your long-term plans.
ICIS expert consultants can provide your organisation with the insight, intelligence and data needed to build and grow your business in China. We can help you to gain a clear view on the short and long-term supply and demand picture in the chemicals, energy, iron and steel, non-ferrous metals and paper and pulp markets in China.
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 Paraxylene-Orthoxylene, 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.
Paraxylene (PX) is the largest volume isomer of the mixed xylenes. Orthoxylene (OX) is the second largest of the three commercial isomers of xylene.
The paraxylene (PX) report is a weekly snapshot of the market. There are two price ranges in the ICIS report for US Gulf (USG) PX.
The first is the contract price that is settled between major buyers and sellers every month.
The other range is the spot price, which is assessed on a free-on-board (FOB) basis and can move around from week to week.
ICIS talks to US suppliers about production issues and we also talk to buyers about trends in demand.
Additionally, traders, exporters and other consumers of this report are consulted to get relevant feedback on what is happening in the market.
The ICIS PX report is a timely and relevant publication for USG information.
ICIS collects pricing data on a wide range of chemical, energy and fertilizer products, including Paraxylene-Orthoxylene. Our extensive experience in price reporting means we can offer you access to historical data dating back more than 20 years for certain commodities.
Our time series of pricing data enables you to build and model trends, to get a view of where markets might be heading. The data service includes charting functionality, allowing you to chart and download multiple data series for manipulation in your own internal models. You can also export data to Excel via the ICIS dashboard service.
Crude, Mixed Xylenes, Toluene for PX; Mixed Xylenes for OX
Polyethylene Terephthalate for PX, Phthalic Anhydride for OX
HOUSTON (ICIS)--The US and China have agreed on Friday to suspend a new round of tariffs that they had planned to impose on each other on 15 December. In addition, the US will lower tariffs to 7.5%...
ReadLONDON (ICIS)--Ukraine and Russia are locked in high-stake negotiations over the transit of gas that could change the supply dynamics to Europe and Turkey from 1 January 2020. While Ukraine would...
ReadLONDON (ICIS)--The UK Conservative Party's landslide victory points to the likely ratification of a Brexit withdrawal deal that would reduce political uncertainty, but preserving regulatory...
ReadLONDON (ICIS)--Russia’s Gazprom may have until 31 December to book capacity for the transit of Russian gas via Ukraine after the deadline is set to be extended, Yuriy Vitrenko, executive director...
Read