On August 15, the PX commodity index was 56.00, unchanged from yesterday, down 45.31% from its peak of 102.40 points in the cycle (2013-02-28), and up 22.94% from its low of 45.55 points on February 15, 2016. (Note: Period refers to 2013-02-01 to date).
According to statistics, the domestic market price trend of p-xylene was temporarily stable on the 15th. Pengzhou Petrochemical Plant operated steadily in the field. Urumqi Petrochemical Plant started 50% of its operation. Fuhai Created Aromatic Hydrocarbon Plant started one line. CNOOC Huizhou Refinery and Chemical Plant overhauled. Hengli Petrochemical PX Plant went into operation. Other units operated steadily temporarily due to the introduction of new units. Domestic market supply of p-xylene is normal, and market price trend of p-xylene is temporarily stable. The opening rate of PX plant in Asia is about 80%. The closing price of p-xylene in Asia rose by 10 US dollars/ton on August 14. The closing price is 784-786 US dollars/ton FOB in Korea and 803-805 US dollars/ton CFR in China. More than 50% of the domestic units need to be imported. The rise of foreign prices has a positive impact on the domestic market price of p-xylene. The price trend of p-xylene in the market is stable for the time being.
| POLYVINYL ALCOHOL |
On August 14, the price of WTI crude oil futures fell to 55.23 U.S. dollars per barrel, a decline of 1.87 U.S. dollars. Brent crude oil futures fell to 59.48 U.S. dollars per barrel, a decline of 1.82 U.S. dollars. Crude oil prices declined, which had a negative impact on downstream petrochemical products and temporarily stabilized the price trend of xylene market. Recent textile industry volatility, PTA price trend slightly increased on the 15th day. The average price of East China is raised near 5300-5400 yuan/ton. As of the 14th day, domestic PTA start-up rate is about 91%, polyester industry start-up rate is about 86%, downstream production and marketing rate has little change, but PTA market price trend is rising, and PX market price is expected to rise later. Or will the shock be maintained.
| PVA |