About HS Code 290241
O-xylene is a key aromatic hydrocarbon, primarily used as a chemical intermediate in the production of phthalic anhydride, which in turn is vital for plasticizers, polyester resins, and alkyd resins. In international trade, it's a bulk commodity, often transported in large tankers or specialized containers. Major chemical manufacturers and petrochemical companies are the primary importers and exporters, driven by demand from the plastics and coatings industries. Its trade is influenced by crude oil prices, as it's derived from petroleum refining, and by the global demand for downstream products. Understanding its purity levels and transportation regulations is crucial for traders. The market for o-xylene is global, with significant production capacities in regions with advanced petrochemical infrastructure. Its role as a building block for various polymers makes it a foundational chemical in many industrial supply chains, impacting sectors from automotive to construction.
Products Under This Code
Ortho-xylene, Phthalic anhydride precursor, Polyester resin raw material, Alkyd resin component, Plasticizer intermediate, Solvent for paints, Chemical synthesis feedstock
Real World Examples
ExxonMobil Chemical o-xylene, BASF o-xylene, Sinopec o-xylene, Reliance Industries o-xylene
Common Misclassification
This code can be confused with other xylene isomers like 290242 (m-xylene) or 290243 (p-xylene) due to their similar chemical nature and shared origin, but their distinct industrial applications differentiate them.
Products Classified Under 2902.41
Industry
This code belongs to the Chemicals industry.
Trade Overview
Top importers and exporters include countries with large petrochemical industries such as China, the USA, Germany, and South Korea.
Frequently Asked Questions
What is HS code 290241?
HS code 290241 covers: Cyclic hydrocarbons; o-xylene. O-xylene is a key aromatic hydrocarbon, primarily used as a chemical intermediate in the production of phthalic anhydride, which in turn is vital for plasticizers, polyester resins, and alkyd resins. In international trade, it's a bulk commodity, often transported in large tankers or specialized containers. Major chemical manufacturers and petrochemical companies are the primary importers and exporters, driven by demand from the plastics and coatings industries. Its trade is influenced by crude oil prices, as it's derived from petroleum refining, and by the global demand for downstream products. Understanding its purity levels and transportation regulations is crucial for traders. The market for o-xylene is global, with significant production capacities in regions with advanced petrochemical infrastructure. Its role as a building block for various polymers makes it a foundational chemical in many industrial supply chains, impacting sectors from automotive to construction.
What products fall under HS code 290241?
Ortho-xylene, Phthalic anhydride precursor, Polyester resin raw material, Alkyd resin component, Plasticizer intermediate, Solvent for paints, Chemical synthesis feedstock
What are common misclassifications for HS code 290241?
This code can be confused with other xylene isomers like 290242 (m-xylene) or 290243 (p-xylene) due to their similar chemical nature and shared origin, but their distinct industrial applications differentiate them.
How is HS code 290241 structured?
HS code 290241 is a 6-digit subheading under the Harmonized System. The first 2 digits (29) identify the chapter, digits 3-4 (02) identify the heading, and digits 5-6 (41) specify the subheading. This code is standardized globally by the World Customs Organization.