May 21 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, 22nd 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 21, the market price of xylene for Paraxylene fell by 6 US dollars/ton, closing price was 835-837 USD/ton FOB Korea and 854-856 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 21 U.S. WTI crude oil July futures market prices fell, reported 62.99 U.S. dollars/barrels, a decline of 0.11 U.S. dollars, Brent crude oil July futures prices rose, reported 72.18 U.S. dollars/Barrels, The increase is 0.21 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 stable. Recent textile industry market stability, PTA price 21st trend small decline, east China’s average price in 6100-6200 yuan/ton near self-mention, as of 21st domestic PTA start rate in about 83%, polyester industry start rate of about 87.5%, downstream production and sales rate to maintain a high, But the PTA market price has changed little, and the late PX market price is expected to be slightly lower.