On February 24, the PX commodity index was 70.20, unchanged from yesterday, down 31.45% from the peak of 102.40 points in the cycle (2013-02-28), and up 54.12% from the low of 45.55 points on February 15, 2016. (Note: Period refers to 2013-02-01 to date).
| PVA |
Recently, the domestic market price trend of p-xylene has been temporarily stable. Pengzhou Petrochemical Plant has been running steadily in the field. Urumqi Petrochemical Plant has started 50% of its operation. Fuhaichuang Aromatic Hydrocarbon Plant has been restarted. Other plants have been running steadily for the time being. The domestic market supply of p-xylene is normal. The market price trend of p-xylene is temporarily stable. The opening rate of PX plant in Asia is about 80%. On February 22, the closing price of p-xylene in Asia dropped by 4 US dollars per ton. The closing price was US$109-1101 per ton FOB Korea and US$118-1120 per ton CFR in China. More than 50% of the domestic units need to be imported. The decline of foreign prices has a negative impact on the domestic market price of p-xylene. The domestic market price maintained 8,800 yuan per ton.
On February 22, the price of WTI crude oil in April rose to 57.26 U.S. dollars per barrel, an increase of 0.3 U.S. dollars. Brent crude oil in April rose to 67.12 U.S. dollars per barrel, an increase of 0.05 U.S. dollars. crude oil price rose slightly, which has a certain supporting effect on the price of downstream petrochemical products. The price trend of xylene market is temporarily stable. Recently, the textile industry has declined, PTA prices shocked on the 25th. The average price of East China is around 6400-6550 yuan per ton. As of the 22nd, the domestic PTA start-up rate is about 80%, the polyester industry start-up rate is about 77%. In addition, the guerrilla production and sales rate is low. The PTA market price shocks. It is expected that the price of PX market will rise slightly in the later period.
| POLYVINYL ALCOHOL |