O-xylene Prices: Trend, Demand, Chart & News | IMARC Group
In the United States, O-xylene Prices reached 1,050 USD/MT in June 2024.
North America O-xylene Prices Movement Q2: ****
O-xylene Prices in United States:
In the United States, O-xylene Prices reached 1,050 USD/MT in June 2024. The market displayed mixed trends, supported by a rebound in residential construction, with housing starts recovering after a sharp decline in March. However, falling building permit approvals signaled concerns of a potential slowdown in future demand.
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APAC O-xylene Prices Movement Q2:
O-xylene Prices in South Korea:
In South Korea, o-xylene prices stood at 1,165 USD/MT in June 2024. Despite a decline in feedstock naphtha costs, prices followed an upward trajectory, supported by consistent demand from the downstream phthalic anhydride sector. The construction industry’s steady activity reinforced this demand, helping maintain a firm market outlook.
Regional Analysis: The price analysis can be extended to provide detailed O-xylene price information for the following list of countries.
China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand, among other Asian countries.
Europe O-xylene Prices Movement Q2:
O-xylene Prices in Germany:
In Germany, o-xylene prices fell to 1,435 USD/MT in June 2024. A significant drop in feedstock naphtha prices lowered domestic manufacturing costs, driving the overall decline. Although import delays occurred, local supply was adequate to meet the relatively weak demand, sustaining the downward pricing momentum.
Regional Analysis: The price analysis can be expanded to include detailed O-xylene price data for a wide range of European countries, such as Germany, France, the United Kingdom, Italy, Spain, Russia, Turkey, the Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, the Czech Republic, Portugal, and Greece, along with other European nations.
Factors Affecting O-xylene Supply and Prices
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Feedstock Naphtha Costs Fluctuations in crude oil and naphtha prices directly influence o-xylene production costs, as naphtha serves as the key feedstock. Lower naphtha prices typically reduce manufacturing expenses, while spikes push o-xylene costs higher.
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Downstream Demand O-xylene demand is largely driven by the phthalic anhydride industry, which supplies plasticizers, paints, resins, and coatings. Activity levels in construction, automotive, and consumer goods sectors significantly affect price trends.
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Construction and Industrial Growth Global housing, infrastructure, and industrial expansion fuel demand for o-xylene-based derivatives. Slowdowns in construction or industrial production reduce consumption, softening prices.
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Trade and Logistics Import delays, freight rate volatility, and port congestion impact availability and cost. Reliance on imports in some regions makes prices sensitive to global trade disruptions and supply chain inefficiencies.
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Regional Production Dynamics Production adjustments, plant shutdowns, or expansions at petrochemical facilities affect local supply levels. Regions with ample production capacity may see lower domestic prices, while supply-constrained markets face upward pressure.
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Environmental and Regulatory Factors Stringent environmental policies on petrochemical operations, emissions, and safety standards can increase compliance costs, reduce plant operating rates, or delay expansions, tightening supply and raising prices.
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Key Coverage:
- Market Analysis
- Market Breakup by Region
- Demand Supply Analysis by Type
- Demand Supply Analysis by Application
- Demand Supply Analysis of Raw Materials
- Price Analysis
- Spot Prices by Major Ports
- Price Breakup
- Price Trends by Region
- Factors influencing the Price Trends
- Market Drivers, Restraints, and Opportunities
- Competitive Landscape
- Recent Developments
- Global Event Analysis
How IMARC Pricing Database Can Help
The latest IMARC Group study, O-xylene Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data 2024 Edition, presents a detailed analysis of O-xylene price trend, offering key insights into global O-xylene market dynamics. This report includes comprehensive price charts, which trace historical data and highlights major shifts in the market.
The analysis delves into the factors driving these trends, including raw material costs, production fluctuations, and geopolitical influences. Moreover, the report examines O-xylene demand, illustrating how consumer behaviour and industrial needs affect overall market dynamics. By exploring the intricate relationship between supply and demand, the prices report uncovers critical factors influencing current and future prices.
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IMARC Group is a global management consulting firm that provides a comprehensive suite of services to support market entry and expansion efforts. The company offers detailed market assessments, feasibility studies, regulatory approvals and licensing support, and pricing analysis, including spot pricing and regional price trends. Its expertise spans demand-supply analysis alongside regional insights covering Asia-Pacific, Europe, North America, Latin America, and the Middle East and Africa. IMARC also specializes in competitive landscape evaluations, profiling key market players, and conducting research into market drivers, restraints, and opportunities. IMARC’s data-driven approach helps businesses navigate complex markets with precision and confidence.
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