The PX commodity index was 70.20 on Feb. 13, 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 Feb. 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 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 13, the closing price of p-xylene in Asia dropped by 17 US dollars per ton. The closing price is 1074-1076 US dollars per ton FOB in Korea and 1093-1095 US dollars 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 maintains 8800 yuan per ton.

On February 13, the price of WTI crude oil in March rose to 53.90 U.S. dollars per barrel, an increase of 0.80 U.S. dollars. Brent crude oil in April rose to 63.61 U.S. dollars per barrel, an increase of 1.19 U.S. dollars. Crude oil prices rose slightly, which has a certain supporting role for the price of downstream petrochemical products. The price trend of xylene market is temporarily stable. Recently, the textile industry is in a general market, PTA prices rose on the 14th. The average price of offer in East China is raised near 6700-6850 yuan/ton. As of the 13th day, the domestic PTA start-up rate is about 80%, the polyester industry start-up rate is about 77%. In addition, the hobby sales rate is low. The PTA market price is rising. It is expected that the PX market price will maintain 8800 yuan/ton in the later period.