PODCAST: Europe MX and PX chemical demand braces for headwinds
Zubair Adam
19-Feb-2025
LONDON (ICIS)–In this podcast, market editors Zubair Adam (MX) and Miguel Rodriguez Fernandez (PX) discuss the challenges for future demand.
MX are traded in two grades. The isomer-grade xylene is mainly used as a feedstock for PX and OX production, while the main application for solvent grade is as a raw material for dye, organic pigment, perfume and medicines, as well as a general solvent for paint and agricultural pesticides.
PX is widely used as a building block to manufacture other industrial chemicals, notably DMT and purified terephthalic acid (PTA), which is used in the production of PET.
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