Monday, May 22, 2023

 Xylene is a clear, colourless liquid with a sweet, fragrant odour. It is largely utilised as a solvent in the manufacture of a variety of industrial and consumer products such as paints, coatings, adhesives, and cleaning agents.

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It has the chemical formula C8H10 and an atomic weight of 106.17 g/mol. It is made up of three different isomers: ortho-xylene, meta-xylene, and para-xylene. Because these isomers have somewhat distinct physical and chemical properties, they can be separated using procedures such as fractional distillation.

It has a melting point of -47.8°C and a boiling point range of 138-144°C. It has a density of roughly 0.86 g/cm3, which makes it less dense than water. Most organic solvents are extremely soluble in xylene, whereas water is only mildly soluble. It is also combustible, with a flash point of approximately 25°C.

The top-producing countries in the market of xylene are the United States. China, Japan, and South Korea.

Key Details About the Xylene Price Trend:

Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Xylene price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.

Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as Excel files that can be used offline.

The Xylene Price analysis, including India’s Xylene price, and USA’s Xylene price, pricing database, and chart can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.

Read Also - https://procurementresource.blogspot.com/2023/05/silicon-prices.html

Industrial Uses Impacting Xylene Price Trend:

Glycerol Price TrendXylene is a versatile industrial chemical with several applications. One of its primary use is as a solvent in the manufacture of different consumer and industrial products like paints, coatings, adhesives, and cleaning agents. Owing to its solvent capabilities, it can dissolve a wide range of organic substances, including oils, resins, and waxes.

It is also utilised as a solvent for inks in the printing industry and as a solvent for some medications and drug intermediates in the pharmaceutical sector.

Aside from its usage as a solvent, xylene is an important raw chemical in the production of some polymers, fibres, and rubber products.

It's also used in the lab as a clearing agent, particularly in histology, to eliminate water from tissues before embedding in paraffin wax, and as a paraffin replacement. Xylene is utilised as a cleaning agent for silicon wafers and other electronic components in the electronics sector.

Key Players:

  • Exxon Mobil Corporation
  • Shell Chemicals
  • Reliance Industries Limited
  • China Petroleum & Chemical Corporation (Sinopec Corp.)
  • Valero Marketing and Supply Company

Recent News:

  • January 2023: Reliance Industries Limited (RIL) maintains unchanged Mixed Xylene (MX) rates in the Indian domestic market in January 2023. Demand in the Indian market would continue to climb due to the existing basic pricing of INR 78/kg (USD 1/Kg) for mixed xylene.

About Us:

Procurement Resource offers in-depth research on product pricing and market insights for more than 500 chemicals, commodities, and utilities updated daily, weekly, monthly, and annually. It is a cost-effective, one-stop solution for all your market research requirements, irrespective of which part of the value chain you represent.

We have a team of highly experienced analysts who perform comprehensive research to deliver our clients the newest and most up-to-date market reports, cost models, price analysis, benchmarking, and category insights, which help in streamlining the procurement process for our clientele. Our team tracks the prices and production costs of a wide variety of goods and commodities, hence providing you with the latest and consistent data.

To get real-time facts and insights to help our customers, we work with a varied range of procurement teams across industries. At Procurement Resource, we support our clients, with up-to-date and pioneering practices in the industry, to understand procurement methods, supply chain, and industry trends, so that they can build strategies to achieve maximum growth.

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Reference Link - https://researz.com/xylene-prices/

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