Crude oil had been trending upward during first quarter of 2022 due to geopolitical considerations. Raw material Toluene's prices surged sharply during the first quarter of 2022, owing to the cost increase. Some refineries had lowered the load as a result of rising costs. Since the middle of the year, the impact of domestic public health events had also worsened, affecting logistics and transportation in many places, enterprise shipment was already halted, the price of gasoline and diesel had also dropped dramatically, downstream device parking was already imposed, prices were low, and operators' mentality had also changed. In terms of the foreign market, the price of toluene in Asia has increased significantly in March. Imports from South Korea cost 1060 USD/MT on March 28th, up 116 USD/MT, or 12.29%.
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.
Procurement Resource provides prices of 1,4-Dimethylbenzene for several regions around the globe, which are as follows:
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.
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.
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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).
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