On June 19, the PX commodity index was 58.40, unchanged from yesterday, down 42.97% from its peak of 102.40 points in the cycle (2013-02-28), and up 28.21% from its low of 45.55 points on February 15, 2016. (Note: Period refers to 2013-02-01 to date).

According to statistics, the market price trend of p-xylene in China was temporarily stable on the 19th. Pengzhou Petrochemical Plant operated steadily in the field. Urumqi Petrochemical Plant started 50% of its operation. Fuhai Created Aromatic Hydrocarbon Plant started one line. CNOOC Huizhou Refinery and Chemical Plant was overhauled. Hengli Petrochemical PX Plant was put into operation. Other units operated steadily temporarily due to the introduction of new units. Domestic market supply of p-xylene is normal, and market price trend of p-xylene is temporarily stable. The opening rate of PX units in Asia is about 80%. On June 18, the closing price of p-xylene in Asia dropped by 5 US dollars per ton. The closing price is 781-783 US dollars per ton FOB in Korea and 800-802 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 price trend of p-xylene in the market is stable for the time being.

On June 18, the price of WTI crude oil in July rose to 53.90 U.S. dollars per barrel, an increase of 1.97 U.S. dollars. Brent crude oil in August rose to 62.14 U.S. dollars per barrel, an increase of 1.20 U.S. dollars. Crude oil price trend rose, which has a cost supporting effect on the price of downstream petrochemical products. The price of Brent crude oil in August went up. The situation is temporarily stable. Recently, the textile industry has stabilized temporarily, PTA price has increased slightly on the 19th. The average price of East China is raised near 5750-5850 yuan/ton. As of the 18th day, the domestic PTA start-up rate is about 88.5%, the polyester industry start-up rate is about 88.5%, and the downstream production and sales rate remains high. However, PTA market price shocks. The price of PX market in the later period is expected to be high or low. Will be low shock.