Xylene Price Trend and Forecast

Xylene Regional Price Overview

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


Xylene Price Trend for the Q1 of 2024

Product Category Region Price Time Period
Xylene Chemicals China 2273 USD/MT March 2024

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Xylene Price Trend for the Second Half of 2023


The price trend of xylene followed an inclining trail during the third quarter, but the dynamics turned bearish in the later months of the year. During Q3, the supply challenges and weather disruption exhausted the inventories. In addition to this, the strong demand from the end-user industries led to an uptick in the xylene price trend. However, the lowering of prices in the next quarter was based on the significant decline in the number of new orders and slower interest of overseas players. The pessimistic economic outlook also contributed to the sluggish behavior of the xylene prices.

Xylene Price Chart

Xylene Price Trends

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The upswing in the price trend of xylene during the third quarter was a positive consequence of tight supply and rising demand from the consumer sectors. Another supporting fundamental of the market was the rise in the production cost on the basis of the limited supply of raw products. However, the demand became tepid in the last quarter of 2023 as under the inflationary pressure and rising rates of interest, the confidence of consumers crumbled. Further, the supply chains eased out and raised the existing inventory levels, resulting in a declining trend in the xylene prices.

North America

Similar to the European and Asian countries, the third quarter bore fruitful results for the xylene pricing dynamics. The manufacturing rates were stabilized by the rising interest of the downstream polyester and packaging industries, favoring the inclination in the xylene price trend. The market also seemed to bear the loss of inventories due to constrained supply chains. However, the supply rates changed in the next quarter, and the procurement rates became bearish, favoring the downfall of the xylene price trend.

Analyst Insight

According to Procurement Resource, the price trend of Xylene is estimated to depict an oscillating journey in the upcoming quarters as the fluctuating crude oil prices and tepid outlook of the downstream industries offer debatable results.

Xylene Price Trend for the First Half of 2023

Product Category Region Price Time Period
Xylene Chemicals   954 USD/MT January'23
Xylene Chemicals   1069 USD/MT March'23
Xylene Chemicals   1077 USD/MT June’23

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Asian Xylene market exhibited mixed price sentiments during H1 2023. The xylene prices rose primarily in the first quarter from about 954 USD/MT in January to around 1069 USD/MT in March, registering an average inclination of about 12% in the Indian domestic market. While prices fluctuated in the second quarter as prices declined until mid-Q2 and then inclined by the end of Q2. Xylene closed the second quarter at an average spot price of around 1077 USD/MT in June’23 in the Indian market.


European Xylene prices were driven by unsettled market demands throughout the said period under discussion. Q1 started with promising market behavior as the demands inclined and the suppliers restocked the inventories. The market stayed positive for the initial half of Q1, but by mid-Q1, demands became stable and showed no upward movement. The existing inventories could easily cater to the steady demands, and prices started declining. These trend continued till the end of Q2, and overall market sentiments were mixed throughout.

North America

The price trend for Xylene fluctuated in the North American market throughout the said period. With a slow start at the beginning of each quarter, prices rose till the middle of both quarters and declined further till the quarter end. Hikes in price trend were attributed to improved demands which remained stable even during the dipping times, but falling prices were influenced by occasional falls in feedstock prices. Overall, prices showed mixed sentiments throughout H1’23.

Analyst Insight

According to the Procurement Resource, the Xylene prices are expected to continue similar oscillating trend, with volatile downstream demands and feedstock prices continuing to be the major influencing factor.

Procurement Resource provides latest prices of Xylene. 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.

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About Xylene

Xylene refers to any one of three isomers or a mixture of three isomers of dimethylbenzene, which have same chemical formula ((CH3)2C6H4) but different molecular structure. The three isomers, that is, ortho (o), meta (m), and para (p), differ structurally only in the placement of the methyl groups.

Xylene is utilised as solvents, as components of aviation fuel, and as raw materials for the production of dyes, fibres, etc. Each of the 3 compounds has a central benzene ring with two methyl groups attached as substituents. In appearance they are all colourless, flammable liquids, some of which are of great commercial value.

Xylene Product Details

Report Features Details
Product Name Xylene
Chemical Formula (CH3)2C6H4
Industrial Uses Solvent, Chemical intermediates, High-motor and aviation, Gasoline blending agents, Breathing devices (inhalers)
Molecular Weight 106.16 g/mol
Synonyms 1330-20-7, Xylol, Dimethylbenzene 
Supplier Database Exxon Mobil Corporation, Shell Chemicals, Reliance Industries Limited, China Petroleum & Chemical Corporation (Sinopec Corp.), Valero Marketing and Supply Company
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 in

Xylene Production Processes

  • Production of Xylene via Methylation.

In this process, toluene and benzene are utilised for the production of Xylenes. Toluene and benzene are methylated to finally produce Xylenes, where the ratio of all the three isomers differ in value that can also be shifted to favour the more valued p-xylene using other processes or catalysts.

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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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