Product
1,4-Dimethylbenzene Price Trend and Forecast
1,4-Dimethylbenzene Price Trend and Forecast
Regional Price Overview
Get the latest insights on price movement and trend analysis of 1,4-Dimethylbenzene in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).
Crude oil had been trending upward during the first quarter of 2022 due to geopolitical considerations. Toluene is one of the key raw materials used in the production of 1,4-dimethylbenzene. Toluene's prices surged sharply during the first quarter of 2022, owing to the cost increase. 1,4-dimethylbenzene prices followed a similar trend. Some refineries had lowered the load as a result of rising costs.
Since the middle of the year 2021, the impact of domestic public health events had also worsened, affecting logistics and transportation in many places, enterprise shipment was already halted, the price of gasoline and diesel had also dropped dramatically, downstream device parking was already imposed, prices were low, and operators' mentality had also changed.
In terms of the foreign market, the price of toluene in Asia has increased significantly in March 2022. Imports from South Korea cost 1060 USD/MT on March 28th, up 116 USD/MT, or 12.29%.
1,4-dimethylbenzene prices started trending upward in the fourth quarter of 2020, supported by growing upstream oil prices and keeping their spread over naphtha constant. Supply became more constrained and spot cargo availability was restricted in January as a result of a shift in supply-demand fundamentals brought on by a number of plant closures and less supply committed to term contracts as a result of lower planned production rates for the year.
After trade resumed following the Lunar New Year holidays, the bullishness grew even stronger as an upward trajectory was seen in most oil and petrochemicals markets.
Procurement Resource provides latest prices of 1,4-Dimethylbenzene. Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.
About
Aromatic hydrocarbons include 1,4-dimethylbenzene, often known as p-xylene or para-xylene. The isomer 1,4-dimethylbenzene is one of three dimethyl benzene isomers known as xylenes. The p- or para- signifies that the two methyl groups in p-xylene or 1,4-dimethylbenzene are in diametrically opposing substituent positions, namely 1 and 4. It differs from the other isomers, o-xylene and m-xylene, in the locations of its two methyl groups. The isomers of xylene are all colourless and extremely combustible.
Product Details
| Report Features | Details |
| Product Name | 1,4-Dimethylbenzene |
| Industrial Uses | Plastics, Textiles |
| Chemical Formula | C8H10 |
| Synonyms | Para-Xylene, 106-42-3, 1,4-Xylene, p-Methyltoluene, p-Dimethylbenzene |
| Molecular Weight | 106.16 g/mol |
| Supplier Database | ENEOS Corporation, Reliance Industries Limited, S-OIL Corporation, China National Petroleum Corporation |
| Region/Countries Covered | Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, Australia, and New Zealand Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece North America: United States and Canada Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru Africa: South Africa, Nigeria, Egypt, Algeria, Morocco |
| Currency | US$ (Data can also be provided in local currency) |
| Supplier Database Availability | Yes |
| Customization Scope | The report can be customized as per the requirements of the customer |
| Post-Sale Analyst Support | 360-degree analyst support after report delivery |
Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.
Production Processes
- Production of 1,4-Dimethylbenzene from Naphtha via Catalytic Reforming
The catalytic reforming of naphtha occurs throughout this phase. The formation of 1,4-dimethylbenzene is achieved through a succession of distillation, adsorption or crystallisation, and reaction processes involving m-xylene, o-xylene, and ethylbenzene.
Methodology
The displayed pricing data is derived through weighted average purchase price, including contract and spot transactions at the specified locations unless otherwise stated. The information provided comes from the compilation and processing of commercial data officially reported for each nation (i.e. government agencies, external trade bodies, and industry publications).
Table Of Contents
Assistance from Experts
Procurement Resource is a one-stop solution for businesses aiming at the best industry insights and market evaluation in the arena of procurement. Our team of market leaders covers all the facets of procurement strategies with its holistic industry reports, extensive production cost and pre-feasibility insights, and price trends dynamics impacting the cost trajectories of the plethora of products encompassing various industries. With the best analysis of the market trends and comprehensive consulting in light of the best strategic footstep, Procurement Resource got all that it takes.
Client's Satisfaction
Procurement Resource has made a mark for itself in terms of its rigorous assistance to its clientele. Our experienced panel of experts leave no stone unturned in ensuring the expertise at every step of our clients' strategic procurement journey. Our prompt assistance, prudential analysis, and pragmatic tactics considering the best procurement move for industries are all that sets us apart. We at Procurement Resource value our clients, which our clients vouch for.
Assured Quality
Expertise, judiciousness, and expedience are the crucial aspects of our modus operandi at Procurement Resource. Quality is non-negotiable, and we don't compromise on that. Our best-in-class solutions, elaborative consulting substantiated by exhaustive evaluation, and fool-proof reports have led us to come this far, making us the ‘numero uno' in the domain of procurement. Be it exclusive qualitative research or assiduous quantitative research methodologies, our high quality of work is what our clients swear by.