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 Q3 2019
Supply is expected to remain long in the third quarter amid new and upcoming new capacity in China alongside a likely increase in PET demand as weather conditions improve and the summer season increases demand for plastic drinking bottles. Long supply is largely expected to outweigh the increase in demand.
Demand is likely to increase in the third quarter once PET operating rates improve with increased demand for plastic drinking bottles. Demand is not expected to be as strong as it was in 2018 amid a delay in the typical peak demand season and overall weaker demand for PET.
Supply is expected to remain balanced in the third quarter, with increased refinery rates and production likely to remain sufficient to meet demand. No planned maintenance is known to be scheduled during the quarter, maintaining healthy supply levels.
Demand is expected to remain constant in the third quarter. Demand from the PA sector is likely to remain healthy albeit weaker than in 2018 amid a delay in the typical start of the peak construction season. Demand from Europe is expected to be weaker now that production issues in the region have been resolved.
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.
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.
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