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Para-Xylene price index

This post is a summary of the para-xylene price developments. The price developments of para-xylene are expressed in US$ prices converted FX rates applicable at the time when the price was valid. para-Xylene price index developments are calculated from multiple separate sources of data to ensure statistical accuracy.

The outlook for para-Xylene prices, on the second tab, is generated from different inputs including:

  • Very recent price developments of immediate cost drivers of para-Xylene prices
  • Recent price developments of underlying feedstocks which drive the price of para-Xylene
  • Market futures for both cost drives and feedstocks of para-Xylene prices
  • Adjustment of current supply/demand imbalances in the para-Xylene market
  • Longer term trends in likely demand conditions

 

Further information on the Para-Xylene price index

 

What is p-xylene

Para-xylene, also known as p-xylene or 1,4-dimethylbenzene, is a colorless, aromatic hydrocarbon liquid with a sweet, pleasant aroma. It is a member of the xylene family, which includes the isomers o-xylene and m-xylene. Para-xylene is used as a feedstock in the production of terephthalic acid and dimethyl terephthalate, which are intermediate chemicals used in the production of polyethylene terephthalate (PET) and other polyesters. It is also used as a solvent and as a component in the production of a variety of products, including plastics, resins, and fibers. Para-xylene can be harmful if inhaled or ingested and may cause skin irritation. It is important to use caution when handling para-xylene and to follow proper safety guidelines.

 

What is p-xylene used for

Para-xylene, or p-xylene, is a versatile chemical that is used in a variety of applications, including:

Chemical feedstock

P-xylene is used as a feedstock in the production of terephthalic acid and dimethyl terephthalate, which are intermediate chemicals used in the production of polyethylene terephthalate (PET) and other polyesters.

Plastic production

P-xylene is used as a starting material in the production of a variety of plastics, including polyethylene terephthalate (PET), which is used in the production of bottles, films, and other packaging materials.

Resin production

P-xylene is used as a starting material in the production of resins, which are used in a variety of applications, including coatings, adhesives, and insulation.

Fiber production

P-xylene is used as a starting material in the production of fibers, including polyester fibers, which are used in clothing and other textiles.

Solvent

P-xylene is also used as a solvent for various chemicals, including paints, resins, and dyes.

 

How is p-xylene produced

There are several methods for producing p-xylene, including:

By-product of petroleum refining

P-xylene can be produced as a by-product of the refining of petroleum. During the refining process, various hydrocarbons are separated and processed to produce different products. P-xylene can be obtained as a side product of this process.

Dealkylation of toluene

P-xylene can be produced by the dealkylation of toluene, which is another aromatic hydrocarbon. This process involves the removal of an alkyl group from toluene to produce p-xylene.

Oxidation of m-xylene

P-xylene can also be produced by the oxidation of m-xylene, which is another aromatic hydrocarbon. This process involves the addition of oxygen to m-xylene to form p-xylene and water.

Catalytic dehydrogenation of xylene

P-xylene can also be produced by the catalytic dehydrogenation of xylene, which is a mixture of the three isomers of xylene (o-, m-, and p-xylene). This process involves the removal of hydrogen from xylene to produce p-xylene and other products.

 

How big is the p-xylene market

The p-xylene market is a significant global industry, with demand driven by a variety of end-use applications. According to a report from MarketsandMarkets, the global p-xylene market was valued at $20.9 billion in 2020 and is projected to reach $30.4 billion by 2025, at a compound annual growth rate of 7.2% during the forecast period. This growth is driven by increasing demand for p-xylene in the production of chemicals such as terephthalic acid and dimethyl terephthalate, which are used in the production of polyethylene terephthalate (PET) and other polyesters. The Asia-Pacific region is the largest market for p-xylene, followed by North America and Europe. The market is expected to witness significant growth in the Asia-Pacific region, driven by the increasing demand for p-xylene in the production of polyethylene terephthalate (PET) and other polyesters.

 

Further market

 

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Notes on the price-data

  • We aim to update the data series on the 11th and 25th of each month (but we do not always make it for each chart)
  • The data for the current month and recent history are fine-tuned over time.
  • We are continually improving our data collection and processing methods and data will be updated from time to time as we improve the accuracy
  • We are working hard to upgrade the algorithm before April 1, 2023 and a further fine-tune by July 1, 2023
  • This the index trend of the price of the product group in general and not a single specification in particular
  • The source of the data are exclusively public non-confidential sources
  • We combine public publications, import/export records, company announcements, and sources of ad-hoc public information.
  • The chart shows the price trend,  nearly always taken from many statistically-correlated sources 
  • The data is presented in US$. The UOM of measure is shown in the Index list table
  • We do our best to create an accurate representation of the trend
  • Although we believe the price trend to be accurate, we assume no responsibility or liability for any errors or omissions in the content of this site.
  • The information is provided on an “as is” basis with no guarantees of completeness, accuracy, usefulness, fitness for purpose or timeliness.
  • By their nature, outlooks are always uncertain
  • We are working on 500 additional indexes which will be released over time when we are content that it is accurate.
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