On August 14, the PX Commodity Index was 66.40, which was the same as yesterday. It was down by 35.16% from the highest point of 102.40 points (2013-02-28) in the cycle, which was 45.77% higher than the lowest point of 45.55 on February 15, 2016. (Note: Period refers to 2013-02-01 to date)
Recently, the domestic market price of para-xylene remained at 8,300 yuan/ton, the on-site installation of Pengzhou Petrochemical was overhauled, and the Urumqi petrochemical plant was started at 50%. The Tenglong aromatics plant has been in operation, other devices are temporarily operating stably, and the domestic paraxylene market is normal. The operating rate of PX devices in Asia is less than 70%. On August 14, the closing price of the paraxylene market in Asia increased by US$16/ton, and the closing price was US$1132-1134/ton FOB Korea and 1151-1153 USD/ton CFR China, USA WTI crude oil September futures market price fell to 67.04 US dollars / barrel, a decline of 0.16 US dollars, Brent crude oil October futures prices fell to 72.46 US dollars / barrel, a decline of 0.15 US dollars, even if the upstream raw material prices fell slightly, but recently The textile industry has risen sharply, and the PX market price remains high. The downstream PTA market was affected by the delay in resumption of production, and the PTA supply was slightly tight or continued. As of the 14th, the domestic PTA operating rate was around 81.6%, the PTA price continued to rise, and the average price of the East China region was 7850-7900 yuan. /Ton the vicinity of the self-lifting, coupled with the downstream production and sales maintained relatively high level of smooth operation, PTA is still in a balanced small de-stocking state, it is expected that the PX market price will remain high in the later period.
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