O-xylene Price Per Ton: A Comprehensive Guide

Are you looking to understand the current market price of o-xylene per ton? If so, you’ve come to the right place. O-xylene, a key intermediate in the chemical industry, has seen fluctuations in its price due to various factors. In this article, we will delve into the details of o-xylene’s price per ton, its market dynamics, and what influences its cost.

Market Overview

The global o-xylene market has been witnessing steady growth over the years, primarily driven by the increasing demand from the petrochemical industry. O-xylene is used in the production of various products, including plastics, solvents, and detergents. The market is segmented based on regions, with Asia-Pacific being the largest consumer of o-xylene, followed by North America and Europe.

Price Trends

Understanding the price trends of o-xylene is crucial for businesses that rely on this chemical. The price of o-xylene per ton has been influenced by several factors, including supply and demand dynamics, raw material prices, and geopolitical events. Let’s take a look at some of the key trends:

Year	Price per Ton (USD)
2016	600-700
2017	700-800
2018	800-900
2019	900-1000
2020	1000-1100
2021	1100-1200

As seen in the table above, the price of o-xylene has been on an upward trend over the past few years. This trend is expected to continue in the near future, driven by the increasing demand for petrochemical products.

Factors Influencing O-xylene Price

Several factors contribute to the fluctuation in the price of o-xylene per ton. Here are some of the key factors to consider:

Supply and Demand Dynamics: The balance between supply and demand plays a crucial role in determining the price of o-xylene. An increase in demand or a decrease in supply can lead to higher prices, while the opposite scenario can result in lower prices.
Raw Material Prices: O-xylene is produced from naphtha, a byproduct of crude oil refining. Any changes in the price of naphtha can directly impact the cost of o-xylene. Additionally, the cost of other raw materials, such as benzene and paraxylene, can also influence the price of o-xylene.
Geopolitical Events: Geopolitical events, such as trade disputes or sanctions, can disrupt the supply chain and affect the price of o-xylene. For instance, the US-China trade war has had a significant impact on the global chemical industry, including o-xylene prices.
Seasonal Factors: The demand for o-xylene can vary seasonally, with higher demand during certain periods. This can lead to price fluctuations throughout the year.

Regional Price Variations

The price of o-xylene can vary significantly across different regions due to factors such as local demand, supply chain conditions, and trade policies. Here’s a brief overview of the price variations in some key regions:

Asia-Pacific: The region has the highest demand for o-xylene, with prices ranging from $1100 to $1200 per ton.
North America: Prices in North America are slightly lower than in Asia-Pacific, ranging from $1000 to $1100 per ton.
Europe: Europe has the lowest prices for o-xylene, with prices ranging from $900 to $1000 per ton.