On January 27, the PX commodity index was 68.80, unchanged from yesterday, down 32.81% from the peak of 102.40 points in the cycle (2013-02-28), and up 51.04% from the low of 45.55 points on February 15, 2016. (Note: Period refers to 2013-02-01 to date).

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 has increased, and the market price trend of p-xylene has been temporarily stable. The opening rate of PX plant in Asia rose to about 80%. On January 25, the closing price of p-xylene in Asia rose by 16 US dollars/ton. The closing price was US$1057-1059/ton FOB in Korea and US$1077-1079/ton CFR in China. More than 50% of domestic imports were needed. The decline of foreign prices had a negative impact on domestic market price of p-xylene, and the domestic market price maintained 8,600 yuan/ton.

On January 25, the price of WTI crude oil in March rose to 53.69 U.S. dollars per barrel, an increase of 0.56 U.S. dollars. Brent crude oil in March rose to 61.64 U.S. dollars per barrel, an increase of 0.55 U.S. dollars. crude oil price rose slightly, which has a supporting effect on the price of downstream petrochemical products. The price trend of xylene market is temporarily stable. Recently, the textile industry has been in a general market, PTA prices fluctuated on the 28th. The average offer price in East China was raised near 6600-6800 yuan/ton. As of the 25th day, the domestic PTA start-up rate was about 77%, the polyester industry start-up rate was about 77%. In addition, the hobby production and sales rate continued to decline, and the PTA Market price remained high. It is expected that the price of PX market will maintain 8600 yuan/ton in the later period.