May 23 China’s domestic price trend of xylene steady

May 22 The PX Commodity Index was 60.00, the same as yesterday, down 41.41% from 102.4 at the highest point in the cycle (2013-02-28), up 31.72% from its lowest 45.55 point on February 15, 2016.

(Note: cycle refers to 2013-02-01 to date). According to statistics, 23rd domestic market price trend of xylene, the field installation of Pengzhou petrochemical Plant stable operation, Urumqi petrochemical plant started 50%, Fuhai invasive aromatic device driving a line, CNOOC Huizhou Refining Plant Maintenance, Hengli petrochemical PX device put into production, other devices temporarily stable operation, As a result of the new installation of domestic paraxylene market supply normal, the market price trend of xylene is temporarily stable. The operating rate of PX devices in Asia is around 80%, May 22 in the Asian region, the market price of xylene is 3 U.S. dollars/ton, the closing price is 838-840 U.S. dollars/ton FOB Korea and 857-859 U.S. dollar/ton CFR China, more than 50% of domestic needs to import,

PVA

The low price of foreign plate has a certain negative effect on the domestic market price of xylene, and the price trend of xylene in the field is stable. May 22 U.S. WTI crude oil July futures market prices fell, reported 61.42 U.S. dollars/barrels, a decline of 1.71 U.S. dollars, Brent crude oil July futures prices fell, reported 70.99 U.S. dollars/Barrels, The decline of 1.19 U.S. dollars, crude oil price trend decline, for the downstream petrochemical product prices lost a certain cost support role, the xylene market price trend is temporarily stable. Recent textile industry market stability, PTA price 23rd trend small decline, east China’s average price in 6000-6100 yuan/ton near self-mention, as of 22nd domestic PTA start rate in about 83.7%, polyester industry start rate of about 87.5%, downstream production and sales rate to maintain a high, But the PTA market price is slightly lower, and the late PX market price is expected to be slightly lower.

POLYVINYL ALCOHOL