ICIS has a network of locally based reporters providing coverage of regional Xylenes-Mixed xylenes markets. They provide not just pricing information, but an in-depth understanding of the factors driving prices and market fluctuations.
Updated to Q1 2020
Asian mixed xylenes (MX) supply is likely to increase with the restart of a northeast Asian producer’s unit in late December 2019. A new integrated refinery and petrochemical project in Zhejiang, China, designed to fully meet the demand from its paraxylene (PX) production, will also add to MX supplies.
Asian mixed xylene (MX) demand is supported by the higher operating rates at downstream paraxylene (PX) units, amid healthier production margins of around $120-140/tonne, reflected by the spread between prices of MX and PX. Demand for MX as fuel additive could recover from slowing business activity after February 2020, given that the Lunar New Year holiday falls in late January 2020.
We offer the following regional Xylenes-Mixed xylenes coverage to keep you informed of factors and developments affecting prices in the Asia Xylenes-Mixed xylenes marketplace.
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Xylenes are produced, along with benzene and toluene, from a reformer after running naphtha through an ethylene cracker.
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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. Confirmed deals, verified by both buyer and seller, provide the foundation of our price assessments, giving you a robust reference for your negotiations.
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