Feb 2025 Mixed Xylene Market: Prices Fall in Europe, Remain Stable in the US
- 13-Mar-2025 7:15 PM
- Journalist: Yage Kwon
In the late February 2025, German Mixed Xylene prices have declined owing to weaker demand for the products from downstream industries. On the other hand, feedstock naphtha noted some price hikes. Meanwhile, Mixed Xylene prices in the USA have remained flat, despite the reduction in feedstock costs and diminishing demand for industries like PET and phthalic anhydride. This difference clearly illustrates the varied market conditions that may exist from region to region. European prices were underbid due to reduced industrial activity, while US prices resisted downward movements despite softness in feedstock and downstream sectors.
Mixed Xylene prices continue to fluctuate downwards in the German market due to soft demand from key industries like automotive and construction. Reduced consumption of Mixed Xylene in these sectors has further pressed down on its price, though limited fluctuations were seen in feedstock costs due to low production activity.
In Germany the automotive sales saw a decline of 6.4% in the month of February which indicates reduced demand for Mixed Xylene in the automotive sector. Also, the construction sector continued to show subdued demand for Mixed Xylene based derivatives. The combination of weakened consumption from the key industries and lower overall economic activity resulted in a cutback in Mixed Xylene prices.
In the USA, mixed-xylene prices have stayed on a steady course after a tumble due to real shrinking demand by downstream industries such as automotive, PET and phthalic anhydride. The price equilibrium could be attributed to a well-balanced market where falling feedstock prices have been offset by steady supply-demand equations, which prevented any huge price spikes in the process.
Automotive sales in the USA dropped by 2.3%, and, consequently, there was a reduction in demand for Mixed Xylene in automotive applications. Moreover, weakness within the construction sector, especially in the paint and coating industries, continued to further reduce demand. This total decrease in certain key sectors from one another led to the resultant drop in Mixed Xylene prices.
As per ChemAnalyst, several factors are likely to influence the upward trend in the market in upcoming month as Mixed Xylene prices will continue rise in Germany and the USA, backed up by increasing demand-another strong push for European commerce Mixed Xylene demand. During and after this time, downwardly moored industries, the automotive as well as construction sectors, will boost the upward trend for Mixed Xylene prices. With these sectors gradually regaining momentum, advances in demand for this important substance are expected to strengthen price rise in both areas.