Product
Xylene Price Trend and Forecast
Xylene Price Trend and Forecast
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).
Mixed xylene prices in North America rose sharply in the fourth quarter of 2021, owing to strong demand from downstream agrochemicals and paint manufacturers. In this time frame, the pricing pattern of mixed xylene was directly supported by volatility in upstream crude oil values and strong offers of upstream benzene and toluene. Because the US buys benzene from South Korea, prohibitive freight costs kept prices in the US market high. As a result, FOB Texas prices settled at 998 USD/MT in December, up 11% from October. Prices for mixed xylene are expected to rise further in 2022 due to higher upstream crude oil prices.
One of the isomers of xylene, paraxylene, is required for the manufacturing of polyethylene terephthalate (PET). PET is utilised in the beverage packaging, consumer products, sheets and films, food packaging, automotive, and construction industries. PET demand has increased as the demand for packaging materials has expanded, contributing to the growth of the paraxylene industry. New production plants have been built to suit the growing demand for paraxylene.
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.
About
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.
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
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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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).
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