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
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.
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.
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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.
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