For the Quarter Ending December 2025
North America
• In the USA, the Mixed Xylene Price Index fell by 0.84% quarter-over-quarter, reflecting domestic softness.
• The average Mixed Xylene price for the quarter was approximately USD 901.00/MT, reflecting FOB levels.
• Mixed Xylene Spot Price showed volatility as Gulf Coast inventory builds coincided with refinery utilization.
• Mixed Xylene Price Forecast suggests near-term weakness driven by ample supply and muted downstream buying.
• Mixed Xylene Production Cost Trend was subdued with flat naphtha and crude spreads limiting pressure.
• Mixed Xylene Demand Outlook points to seasonal PET and coatings slowdown weighing on domestic offtake.
• Mixed Xylene Price Index reflected quarterly decline despite weekly spikes from refinery turnarounds and exports.
• Inventory builds at Gulf terminals and steady exports pressured FOB offers, tempering seller pricing power.
Why did the price of Mixed Xylene change in December 2025 in North America?
• Gulf Coast refinery throughput released reformate, increasing supply and pressuring mixed xylene realizations regionally.
• Seasonal PET and coatings slowdowns reduced downstream offtake and urgency for forward purchases in region.
• Flat naphtha and softer crude spreads limited cost pressure; sellers conceded discounts to clear inventories.
APAC
• In Japan, the Mixed Xylene Price Index fell by 4.18% quarter-over-quarter, reflecting softer import demand.
• The average Mixed Xylene price for the quarter was approximately USD 771.00/MT, reflecting stable market.
• Mixed Xylene Spot Price remained range-bound, supported by steady PET demand and stable naphtha costs.
• Mixed Xylene Price Forecast suggests muted near-term movement as inventories are adequate and imports steady.
• Mixed Xylene Production Cost Trend showed limited upward pressure as CFR naphtha traded broadly flat.
• Mixed Xylene Demand Outlook remains moderate as PX and PET consumption provided routine domestic offtake.
• Mixed Xylene Price Index volatility was limited by steady imports from South Korea and China.
• Inventory adequacy and uninterrupted refinery operations supported orderly domestic Mixed Xylene market conditions during quarter.
Why did the price of Mixed Xylene change in December 2025 in APAC?
• Steady import inflows and zero-duty regime prevented any supply squeeze despite constrained domestic reformer output.
• Stable CFR naphtha prices and firm yen trimmed landed costs, offsetting crude-driven feedstock inflation pressures.
• Balanced downstream demand from PX, PET and solvent sectors matched supply, leaving prices broadly range bound.
Europe
• In Germany, the Mixed Xylene Price Index fell by 6.23% quarter-over-quarter, reflecting weaker downstream demand.
• The average Mixed Xylene price for the quarter was approximately USD 762.33/MT, per FOB Hamburg.
• Mixed Xylene Spot Price showed volatility as port congestion constrained immediate regional availability and shipments.
• Mixed Xylene Price Forecast anticipates modest oscillation driven by naphtha trends and seasonal downstream purchasing.
• Mixed Xylene Production Cost Trend showed upward pressure from elevated German power and natural-gas tariffs.
• Mixed Xylene Demand Outlook remains muted as PET and solvent sectors seasonally slow purchasing activity.
• Mixed Xylene Price Index movements reflected inventory builds and import flows, pressuring domestic FOB offers.
• Operational stability at major German refiners kept output consistent, limiting tightness despite intermittent export softness.
Why did the price of Mixed Xylene change in December 2025 in Europe?
• Feedstock diversion into gasoline reduced reformate availability, tightening feedstocks, and supporting higher spot FOB offers.
• High German power and gas tariffs increased extraction costs, contributing to firmer economics and price.
• Comfortable import inflows and weak PET demand expanded inventories, prompting sellers to lower FOB offers.
For the Quarter Ending September 2025
North America
• In USA, the Mixed Xylene Price Index rose by 2.51% quarter-over-quarter, driven by export demand.
• The average Mixed Xylene price for the quarter was approximately USD 871.33/MT, FOB Texas data.
• Mixed Xylene Spot Price volatility reflected shifting export flows and FOB adjustments across Gulf Coast.
• Mixed Xylene Price Forecast points to modest upside as export demand tightens and inventories decline.
• Mixed Xylene Production Cost Trend rose with naphtha increases, intermittently easing when feedstock prices retreated.
• Mixed Xylene Demand Outlook is mixed; PET steady while coatings and gasoline blending soften seasonally.
• Mixed Xylene Price Index tracked export cycles and refinery runs, indicating supply-demand balance shifting weekly.
• Sustained Gulf Coast refinery output, logistical delays, and cautious procurement shaped near-term Mixed Xylene market.
Why did the price of Mixed Xylene change in September 2025 in North America?
• Export-driven buying tightened volumes, lifting FOB bids despite weak domestic demand across the region.
• Feedstock naphtha increased modestly in September, raising production costs and pressuring supplier margin management decisions.
• Logistical tightening, lower terminal inventories, and seasonal procurement cycles intensified short-term scarcity supporting price recoveries.
APAC
• In Japan, the Mixed Xylene Price Index fell by 10.6% quarter-over-quarter, reflecting weak downstream demand
• The average Mixed Xylene price for the quarter was approximately USD 804.67/MT, based on weekly settlements
• Mixed Xylene Spot Price eased as terminal stocks rose, weighing on the domestic Price Index
• Mixed Xylene Production Cost Trend softened with naphtha declines, improving refinery margins despite limited buying
• Mixed Xylene Price Forecast suggests upside if PA demand persists and inventories tighten at terminals
• Mixed Xylene Demand Outlook is mixed as PET stabilizes while PA increases selective buying pressure
• Mixed Xylene Price Index remained pressured by elevated inventories and weak export demand across Asia
• High refinery utilisation sustained output, limiting tightness and volatility in the Mixed Xylene Price Index
Why did the price of Mixed Xylene change in September 2025 in APAC?
• Oversupply from robust refinery runs increased inventories, reducing sellers' leverage and pressuring mixed xylene prices
• Naphtha feedstock declines eased production costs, yet lower input costs failed to stimulate spot buying
• Selective PA demand tightened availability briefly, but cautious buyers limited immediate mixed xylene price recovery
Europe
• In Germany, the Mixed Xylene Price Index rose by 6.18% quarter-over-quarter, supported by stronger export demand.
• The average Mixed Xylene price for the quarter was approximately USD 813.00/MT, reflecting export-driven support.
• Mixed Xylene Spot Price showed weekly volatility while the Price Index reflected tightness and oversupply.
• Mixed Xylene Price Forecast points to modest fluctuations, supported by Mixed Xylene Production Cost Trend.
• Mixed Xylene Demand Outlook is mixed; PET weakness offsets Belgian export buying, limiting price momentum.
• Mixed Xylene Price Index dynamics shaped by inventory builds and improved port throughput easing premiums.
• High refinery utilization sustained supply levels while Mixed Xylene Production Cost Trend cushioned by naphtha.
• Export-driven purchases, especially from Belgium, intermittently supported offers, influencing the Mixed Xylene Spot Price and regional competitiveness.
Why did the price of Mixed Xylene change in September 2025 in Europe?
• Elevated inventories and sustained refinery outputs created oversupply, pressuring prices despite stable feedstock and logistics.
• Weaker PET demand and cautious Belgian buying reduced export lift, contributing to price retracement September.
• Logistical disruptions tightened flows intermittently but later eased, producing mixed signals and limited upward pressure.
For the Quarter Ending June 2025
North America
• The Mixed Xylene Price Index in Q2 2025 increased by approximately 7%, rising from USD 828/MT in April to USD 886/MT in June. The upward trend was driven by stable refinery operations, consistent inventory levels, and robust export demand, particularly from Latin America and Canada.
• Key drivers of the Mixed Xylene Price Index included increased Mixed Xylene Spot Price competitiveness in export markets, firm offtake from phthalic anhydride and PET segments abroad, and a sharp 6.3% jump in feedstock naphtha prices during late June that lifted production costs.
• Why did the price of Mixed Xylene change in July 2025?
In July, price momentum weakened due to stabilized naphtha prices and muted shifts in export activity. While demand from Latin American markets persisted, domestic procurement from PET and phthalic anhydride sectors remained flat, curbing any strong bullish momentum seen in June. The absence of new cost pressures and steady inventory levels further prevented price hikes.
• Logistics remained smooth with efficient port operations at the Gulf Coast. No major freight rate fluctuations or supply disruptions were reported in Q2.
• The Mixed Xylene Demand Outlook for Q3 in the USA indicates steady consumption from packaging and plasticizer sectors, with moderate growth expected in beverage-related PET applications. However, demand may be restrained by macroeconomic headwinds and flat downstream price trends.
• The Mixed Xylene Production Cost Trend rose in June due to escalating naphtha prices but remained manageable earlier in the quarter. Export margins narrowed slightly, though producers maintained balanced output levels to match firm foreign demand.
• Mixed Xylene Price Forecast in Q3, prices are expected to remain moderately firm, hovering around export-driven demand while upstream costs and freight conditions stay largely stable. Price volatility may be minimal unless crude oil or naphtha trends shift significantly.
APAC
• The Mixed Xylene Price Index in Q2 2025 increased by approximately 8.8%, rising from USD 643/MT in April to USD 700/MT in June. his uptrend defied a 5.9% drop in feedstock naphtha prices in late June, as strong overseas demand—especially from PET producers in Southeast Asia, the USA, and India—lifted export values.
• Regional drivers included improved margins due to lower feedstock costs, elevated PET and PTA demand across Southeast Asia, and strong foreign buying interest that kept the market tight despite adequate production.
• Why did the price of Mixed Xylene change in July 2025?
In July, price growth slowed as foreign demand from PET resin producers showed signs of saturation and price competition from China increased. Although production costs remained favourable, international buying momentum waned, capping any further increase in spot prices.
• Oversupply risks remained limited during Q2, though export competitiveness will face pressure from rising Chinese capacity in Q3. APAC suppliers are watching regional feedstock movements and downstream orders closely to recalibrate exports.
• The Mixed Xylene Spot Price stayed strong through June due to tightening supply and aggressive buying, but spot pressure may ease in Q3 as end-use industries taper seasonal restocking.
• The Mixed Xylene Production Cost Trend was generally favourable, with lower naphtha costs improving margins for Korean producers. Utilization rates stayed high to capitalize on overseas demand.
• Mixed Xylene Demand Outlook remains soft as PET-related demand will soften post-summer, stable consumption from solvents and phthalic anhydride may offer a floor to pricing. Export dependency will keep pricing vulnerable to shifts in global procurement trends.
• Mixed Xylene Prices are forecasted to stabilize or mild correction in Q3 as margins narrow and competition from other Asian exporters intensifies.
Europe
• The Mixed Xylene Price Index in Q2 2025 increased by approximately 6.5%, moving from USD 790/MT in April to USD 841/MT in June. Stable upstream costs and firm local procurement supported this growth, particularly from PET packaging producers.
• Demand-side drivers included consistent PET bottle production across beverage sectors and limited inventories due to periodic port congestion in Rotterdam. While phthalic anhydride demand remained muted, the packaging sector lifted overall market sentiment.
• Why did the price of Mixed Xylene change in July 2025?
In July, prices plateaued. Domestic demand held steady but failed to accelerate further, while upstream costs (naphtha) showed no notable increase. Logistical constraints began easing at Rotterdam, improving throughput but also softening price pressure from prior supply bottlenecks.
• Regionally, the Netherlands saw the steepest Q2 gains due to internal logistics bottlenecks — including terminal congestion and vessel delays, which limited availability and elevated spot prices for local deliveries.
• Inventory levels remained adequate, although tightened periodically by labour-related port delays. Domestic consumption led by PET producers was the primary force sustaining prices, while exports remained muted due to internal logistical priority.
• The Mixed Xylene Production Cost Trend was stable across the quarter, as feedstock naphtha prices fluctuated only marginally. Production rates stayed steady, though refiners remained cautious amid tightening margins.
• The Mixed Xylene demand outlook remains stable but softening sentiment is expected. PET consumption may level off post-peak summer season, while automotive-related coatings and phthalic anhydride markets are unlikely to provide significant uplift.
• The Mixed Xylene prices are likely to stabilize or register slight declines as logistical pressures ease and downstream demand normalizes post-summer.
For the Quarter Ending March 2025
North America
In Q1 2025, mixed xylene prices in the USA showed a fluctuating trend influenced by feedstock price changes and steady demand from the PET sector. January saw a steady rise in prices, driven by increases in natural gas and naphtha costs. By the end of January, mixed xylene prices had risen by 3.5%, reaching USD 880/MT.
In February, prices slightly declined by 3.4%, as feedstock costs decreased, lowering production expenses. Despite this, stable demand from the PET sector maintained a balanced market, keeping prices steady at USD 850/MT by month-end.
The quarter’s trend was characterized by a stable supply-demand balance, with production levels remaining consistent to meet the steady demand from downstream sectors like PET and phthalic acid. Energy cost fluctuations, particularly in natural gas and naphtha, had an impact, but overall, the market remained resilient, with prices moving within a narrow range, reflecting market stability.
APAC
In Q1 2025, mixed xylene prices in South Korea experienced fluctuations due to changing feedstock costs and varying demand from key sectors. In January, prices increased by 2.1% in the first week, reaching USD 740/MT, driven by higher naphtha prices and stable demand from Isophthalic Acid. The upward trend continued into the last week of January, with prices rising to USD 760/MT, supported by stronger export demand and inventory restocking.
February saw a price correction, with a 3.9% decrease in the first week, bringing prices to USD 730/MT. This decline was driven by softer demand and cautious market sentiment. However, by the end of February, prices recovered slightly to USD 745/MT, due to tighter supply and restocking activities.
Overall, Q1 2025 showed a volatile mixed xylene market in South Korea. While demand from sectors like PET and Isophthalic Acid remained stable, price trends were impacted by fluctuations in feedstock costs and supply-demand dynamics.
Europe
In Q1 2025, mixed xylene prices in Germany exhibited an upward trend early in the quarter, primarily driven by rising energy costs. In January, prices increased significantly, with a 4.2% rise in the third week, reaching USD 740/MT, followed by a 6.7% increase in the fourth week to USD 800/MT. These price hikes were fuelled by higher natural gas prices and rising production costs, despite stable demand from the PET sector.
February saw a more stable market, with prices holding steady at USD 800/MT during the first three weeks. However, in the last week of February, prices experienced a slight decline of 3.8%, settling at USD 770/MT. This drop was largely attributed to softer market sentiment and fluctuating energy prices, although demand from the PET sector remained consistent.
Overall, the quarter reflected a period of volatility, with mixed xylene prices influenced by global energy trends and stable downstream demand from the PET industry.
