1,4-Dimethylbenzene Price Trend and Forecast

Regional Price Overview

Get the latest insights on price movement and trend analysis of 1,4-Dimethylbenzene in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).

1,4-Dimethyl Benzene Price Trend for the H1 of 2023

Asia

The Asia Pacific market of 1,4-Dimethyl benzene favored a price hike in the first two quarters of 2023. The market was supported by the hike in demand from the downstream industries, and because of that, many manufacturing plants worked at their peak power, especially in South Korea. As a result, the supply dynamics in the region gained momentum. However, the production rates in some regions fell due to repairs which negatively impacted the product's availability and caused a deficit in some regions in Asia, supporting the rising trend of the prices.

Europe

In the initial months of the first quarter, the prices of 1,4-Dimethyl benzene increased as they were influenced by the rising demand from the downstream industries. But in the subsequent months, the strikes from labor at ports and excess availability of the product in the market led to a downward trajectory in the prices of 1,4-dimethyl benzene. The demand for the product was, however, stable in the later months too, which helped the trend to remain afloat.

North America

In the initial months of 2023, the prices of 1,4-Dimethyl benzene declined, followed by a slight rise in the subsequent months. The major influencing factors in North America were the demand from the downstream polymer industries, the pace of economic activities, and the production rate. In the initial phase, the demand sector was feeble, and the economy of the region struggled with domestic challenges. However, towards the later months of said period, the price trend of 1,4-Dimethyl benzene was supported by the rising demand and improved production rates.

Analyst Insight

According to Procurement Resource, the price of 1,4-Dimethyl benzene is estimated to showcase a mixed trend in the upcoming quarter. Given the regional imbalances, the downstream demand and the global inflation rates will play a major role in deciding future trends.

Procurement Resource provides latest prices of 1,4-Dimethylbenzene. Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.

Please Login or Subscribe to explore our dashboard.

About

Aromatic hydrocarbons include 1,4-dimethylbenzene, often known as p-xylene or para-xylene. The isomer 1,4-dimethylbenzene is one of three dimethyl benzene isomers known as xylenes. The p- or para- signifies that the two methyl groups in p-xylene or 1,4-dimethylbenzene are in diametrically opposing substituent positions, namely 1 and 4. It differs from the other isomers, o-xylene and m-xylene, in the locations of its two methyl groups. The isomers of xylene are all colourless and extremely combustible.

Product Details

Report Features Details
Product Name 1,4-Dimethylbenzene
Industrial Uses Plastics, Textiles
Chemical Formula C8H10
Synonyms Para-Xylene, 106-42-3, 1,4-Xylene, p-Methyltoluene, p-Dimethylbenzene
Molecular Weight 106.16 g/mol
Supplier Database ENEOS Corporation, Reliance Industries Limited, S-OIL Corporation, China National Petroleum Corporation
Region/Countries Covered Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, Australia, and New Zealand

Europe: Germany, France, United Kingdom, Italy,  Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece

North America: United States and Canada

Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru

Africa: South Africa, Nigeria, Egypt, Algeria, Morocco
Currency US$ (Data can also be provided in local currency)
Supplier Database Availability Yes
Customization Scope The report can be customized as per the requirements of  the customer
Post-Sale Analyst Support 360-degree analyst support after report delivery


Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.

Production Processes

  • Production of 1,4-Dimethylbenzene from Naphtha via Catalytic Reforming

The catalytic reforming of naphtha occurs throughout this phase. The formation of 1,4-dimethylbenzene is achieved through a succession of distillation, adsorption or crystallisation, and reaction processes involving m-xylene, o-xylene, and ethylbenzene.

Methodology

The displayed pricing data is derived through weighted average purchase price, including contract and spot transactions at the specified locations unless otherwise stated. The information provided comes from the compilation and processing of commercial data officially reported for each nation (i.e. government agencies, external trade bodies, and industry publications).

Table Of Contents

Assistance from Experts

Procurement Resource is a one-stop solution for businesses aiming at the best industry insights and market evaluation in the arena of procurement. Our team of market leaders covers all the facets of procurement strategies with its holistic industry reports, extensive production cost and pre-feasibility insights, and price trends dynamics impacting the cost trajectories of the plethora of products encompassing various industries. With the best analysis of the market trends and comprehensive consulting in light of the best strategic footstep, Procurement Resource got all that it takes.


Client's Satisfaction

Procurement Resource has made a mark for itself in terms of its rigorous assistance to its clientele. Our experienced panel of experts leave no stone unturned in ensuring the expertise at every step of our clients' strategic procurement journey. Our prompt assistance, prudential analysis, and pragmatic tactics considering the best procurement move for industries are all that sets us apart. We at Procurement Resource value our clients, which our clients vouch for.


Assured Quality

Expertise, judiciousness, and expedience are the crucial aspects of our modus operandi at Procurement Resource. Quality is non-negotiable, and we don't compromise on that. Our best-in-class solutions, elaborative consulting substantiated by exhaustive evaluation, and fool-proof reports have led us to come this far, making us the ‘numero uno' in the domain of procurement. Be it exclusive qualitative research or assiduous quantitative research methodologies, our high quality of work is what our clients swear by.

NEWSLETTER

Get latest News About Procurement Resource
Subscribe for news

This site uses cookies (including third-party cookies) to record user’s preferences. See our Privacy PolicyFor more.