The xylenes markets are covered by ICIS weekly in Asia, Europe and the US and daily in Asia. Independent and unbiased price assessments are quoted for isomer and solvent grade in Asia, solvent grade in Europe and for mixed xylenes in the US. Our network of locally-based reporters can provide you with trustworthy and reliable information upon which you can make informed business choices.
Our news and analysis within the commentary of the reports includes overviews, upstream and downstram news, production updates, tank inventories, outlooks, demand and supply and any other factors pertinent to the market at the time.
Updated to Q1 2021
Some mixed xylenes producers increased their operating rate in Q1, due to a strong economic recovery and in response to increasing demand for petrochemical products. The margins to produce aromatics from catalytic reforming and disproportionation were at a sustainable level. In March, a few producers in China started a 45-day planned maintenance, causing supply in March to tighten somewhat.
Demand increased as a result of recovering business from the COVID-19 pandemic and China’s strong economic indicators in Q1. Substantial volumes of MX were consumed for production of PX and OX. China’s imports of MX for distribution also increased. At the end of Q1, as the price gap between PX and MX narrowed, some PX producers reduced their demand for MX.
At the start of Q1, availability was good partly because there was less market pressure after the quieter holiday period. In February supply became short, partly due to lower production levels at some refineries, with more difficulty acquiring isomer grades. In March, the bulk market had become balanced due to lower demand levels further down the value chain and lower exports. Overall Q1, was considered on average to be tighter compared with the previous quarter.
Demand was modest under the current market climate. Consumption was driven mainly from the downstream chemical sectors of orthoxylene (OX) and paraxylene (PX). The latter had demand impacted later in the quarter due to an unplanned purified terephthalic acid (PTA) outage in Europe creating less pressure upstream. Gasoline blending consumption was comparatively limited due to the travel restrictions and competition from other gasoline blending options.
Supplies of MX tightened for much of the quarter as key refineries in the US Gulf Coast production region were taken offline due to the inclement winter weather around mid-February. A major MX manufacturer was heard undergoing planned maintenance during the latter half of the quarter, which helped to curtail supply as well.
MX demand rose slightly at the outset of the quarter as better-than-expected travel numbers over the US holiday driving season helped to raise short-term consumption for gasoline blending. Stronger derivative paraxylene (PX) consumption due to an influx of post-storm consumer goods packaging needs also provided support to overall MX demand.
We offer the following regional Xylenes-Mixed xylenes analysis and news coverage to keep you informed of factors and developments affecting prices in the Xylenes-Mixed xylenes marketplace.
More information about the price reports we publish on Xylenes-Mixed xylenes
Independent price assessments and market coverage by region
You might also be interested in the information we publish on these related products
You may also find useful
More information about the historical price data we publish on Xylenes-Mixed xylenes
Track historical price data
News & analysis
News & market analysis specifically relating to Xylenes-Mixed xylenes
Breaking news of latest developments affecting the markets. Insight and analysis of factors driving prices.
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.
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.
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.
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 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.
Xylenes are produced, along with benzene and toluene, from a reformer after running naphtha through an ethylene cracker.
The major use for xylenes is in the production of paraxylene (PX) and orthoxylene (OX). They are also used as a solvent in the paints industry and for other solvent uses.
Mixed xylenes (MX) are produced by high-severity catalytic reforming of naphtha from which the C8 stream contains OX, metaxylene and PX, as well as ethylbenzene (EB).
Xylenes are also obtained from the pyrolysis gas (pygas) stream in a naphtha steam cracker and by toluene disproportionation (TDP) and transalkylation.
Mixed xylenes occur as a colourless, flammable liquid or crystals, with a characteristic odour. They are insoluble in water and miscible with most organic solvents.
Mixed xylenes are a clear, sweet and flammable aromatic liquid or vapour. They are harmful or fatal if swallowed or inhaled, causing respiratory tract irritation, eye and skin irritation or an allergic skin reaction.