On September 16th, the PX Commodity Index was 84.00, which was the same as yesterday. It was 17.97% lower than the highest point of 102.40 points (2013-02-28) in the cycle, which was 84.41% higher than the lowest point of 45.55 on February 15, 2016. (Note: Period refers to 2013-02-01 to date)
Recently, the domestic p-xylene market price fluctuated at a high level. The on-site installation of Pengzhou Petrochemical was overhauled. The Urumqi petrochemical plant started 50%. The Tenglong aromatics plant has been in operation. Other devices are temporarily operating stably, and the domestic p-xylene market is normal. The operating rate of PX devices in Asia is less than 70%. On September 14, the closing price of the paraxylene market in Asia fell by US$7/ton, and the closing price was US$1345-1347/ton FOB Korea and US$1365-1367/ton CFR China, USA WTI crude oil futures market price rose in October, reported 68.99 US dollars / barrel, or 0.40 US dollars, Brent crude oil futures prices fell, reported 78.09 US dollars / barrel, a decline of 0.09 US dollars, upstream raw material prices rose slightly, the recent textile industry The market trend is general, and the PX market price fluctuates. The downstream PTA market was affected by the delay in resumption of production, and the PTA supply was slightly tight or continued. By the end of the 14th, the domestic PTA operating rate was around 78.58%, the PTA price was slightly lower, and the average price of the East China region was 9200-9300. In the vicinity of RMB/ton, the downstream production and sales remained relatively stable and the PTA is still in a state of balance and de-stocking. It is expected that the PX market price will remain high in the later period.
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