Paraxylene Prices, Price, Pricing, News | ChemAnalyst

1
Paraxylene Prices Overview
E-mail info_at_chemanalyst.com website
www.chemanalyst.com/
Market Overview   For the Quarter Ending March
2021   North America The Paraxylene supply in
the North American region remained tight during
the first quarter of 2021, due to the production
disruptions caused after the arctic freeze hit
the US gulf region, accountable for halting the
73 of total Paraxylene capacity of the region,
giving room to global supply shortages. The
demand from the downstream PTA and PET sector
surged, due to the unavailability of Paraxylene.
PX prices hiked significantly in the North
American region, where the prices for April
delivery were assessed around USD 895/ton,
showing a jump of USD 205/ton from the February
delivery prices. Get more info
https//www.chemanalyst.com/Pricing-data/paraxylen
e-26
2
Paraxylene Prices Overview
E-mail info_at_chemanalyst.com website
www.chemanalyst.com/
Asia-Pacific (APAC)   PX supplies were tight in
the Asia Pacific during Q1 2021, due to limited
spot availability of the upstream products,
followed by the several plant shutdowns observed
in the region amid Chinese Lunar New Year
holidays causing total 480,000 tonne of
Paraxylene production loss in the region.
Sinopec (East China), Zhejiang Petrochemical,
Sinopec Yangtze, CNPC Sichuan and several other
producers went temporarily offline in March
adding to the inventory pressures and raised
offers. Amid the global supply shortage, the
prices in China took a rigorous 23.9 upswing by
USD 173/ton on month-on-month basis in March.
Strong demand for Chinese PX from the US
contributed well to the market sentiments.   Europ
e   PX supplies in the European region were
tight, during the first quarter of 2021, due to
the lower operating rate of refineries in the
northwest European region amidst cold weather
conditions, followed by decline in imports from
the USA which further tightened the market
supplies. Demand surged as offtakes from
downstream PTA sector surged. Some market
participants seemed optimistic that the product
fundamentals have improved over the last year and
anticipated the bullishness to continue at least
till the H1 2021. 
3
Paraxylene Prices Overview
E-mail info_at_chemanalyst.com website
www.chemanalyst.com/

• About
• Paraxylene is an aromatic crude derivative,
  distilled from the mixed xylene stream.
  Paraxylene is the supreme feedstock for Dimethyl
  Terephthalate (DMT) and Polyethylene
  Terephthalate (PET). The two products are widely
  utilized to produce PET, which is further
  utilized to produce Polyester fibers, PET film,
  and PET solid-state resin. In addition, a minor
  share of Paraxylene is consumed to manufacture
  solvents and di-paraxylene and herbicides.
  Paraxylene is produced through catalytic
  reforming of Naphtha and extracted from the C8
  mixed xylene stream containing Para xylene, Meta
  xylene, Ortho xylene and Ethyl Benzene. Few other
  methods to produce Paraxylene are toluene
  disproportionation and gasoline pyrolysis in a
  naphtha steam cracker unit. However, the
  traditional and most well-equipped technology for
  the Paraxylene rests upon the isomerization of
  mixed xylenes.
•  
• Product Specific Details
•  
• CAS No 106-42-3 HS Code 29024300 Grades Anhyd
  rous 99 Packaging Size Drum Import
  Terms CFR, FOB, Ex-Work, Bulk Contracted, Spot
•  
• Countries Covered
•  
• APAC  China, Japan, India, South Korea,
  Singapore
• Europe  Germany, France, Belgium
• America  USA, Brazil
• MEA  Saudi Arabia, UAE, South Africa

4
Paraxylene Prices Overview
E-mail info_at_chemanalyst.com website
www.chemanalyst.com/
ChemAnalyst is one stop online portal that
offers comprehensive market intelligence data and
in-depth analysis on the Global chemical and
petrochemical industry. Our aim is to provide
competitive advantage to the industry
stakeholders by offering cutting edge
information and analysis that help our customers
leverage on the emerging opportunities in their
businesses. ChemAnalysts team of 100 analysts
are engaged in tracking Chemical Prices daily,
production capacity, demand and supply outlook,
manufacturing plant locations, foreign trade data
and news/deals for more than 400 major chemicals
produced in India. ChemAnalysts Interactive
subscription platform provides the most
comprehensive data and analysis in your industry
to help you decode the future. ChemAnalyst is
promoted by TechSci Research (TSR). TSR is a
research-based management consulting firm
providing market research and advisory solutions
to the customers worldwide, spanning a range of
industries including Chemicals Material,
Automotive, Consumer Retail, ICT, Energy
Power, Aerospace Defense, Water and Waste
Management, BFSI and more.
CHEMANALYST B-44, Sector -57, Noida, National
Capital Region, UP, India 201301 Tel
91-120-4523900 E sales_at_chemanalyst.com