May 19 The PX Commodity Index was 60.00, the same as yesterday, down 41.41% from 102.4 at the highest point in the cycle (2013-02-28), up 31.72% from its lowest 45.55 point on February 15, 2016.

(Note: cycle refers to 2013-02-01 to date). According to statistics, 20th domestic market price trend of xylene, the field installation of Pengzhou petrochemical Plant stable operation, Urumqi petrochemical plant started 50%, Fuhai invasive aromatic device driving a line, CNOOC Huizhou Refining Plant Maintenance, Hengli petrochemical PX device put into production, other devices temporarily stable operation, As a result of the new installation of domestic paraxylene market supply normal, the market price trend of xylene is temporarily stable. The operating rate of PX devices in Asia was around 80%, and on May 17, the market price of xylene for Paraxylene fell by 10 US dollars/ton, closing price was 841-843 USD/ton FOB Korea and 860-862 US dollar/ton CFR China, more than 50% of domestic needs to be imported,

The low price of foreign plate has a certain negative effect on the domestic market price of xylene, and the price trend of xylene in the field is stable. May 17 U.S. WTI crude oil July futures market prices fell, reported 62.76 U.S. dollars/barrels, a decline of 0.11 U.S. dollars, Brent crude oil July futures prices fell, reported 72.21 U.S. dollars/Barrels, The decline of 0.41 U.S. dollars, crude oil price trend decline, for the downstream petrochemical product prices have a certain cost support role, the xylene market price trend is temporarily stable. Recently the textile industry market stability, PTA price 17th trend temporary stability, East China newspaper average price in 6250-6350 yuan/ton near self-mention, as of 17th domestic PTA start rate of about 83%, polyester industry start rate of about 88%, downstream production and sales rate to maintain a high, but the PTA market price changes are not big, The late PX market price is expected to be slightly lower.