On June 26, 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 domestic market price trend of p-xylene was temporarily stable on the 26th. Pengzhou Petrochemical Plant operated steadily in the field. Urumqi Petrochemical Plant started 50% of its operation, Fuhai Created Aromatic Hydrocarbon Plant started a line, CNOOC Huizhou Refinery and Chemical Plant overhauled, Hengli Petrochemical PX Plant put into operation, and other units operated steadily temporarily. Due to the normal supply of p-xylene in the domestic market when the new unit was put into operation, p-bis The price trend of toluene market is stable for the time being. The opening rate of PX plant in Asia is about 80%. On June 25, the closing price of p-xylene in Asia dropped by 3 US dollars/ton. The closing price was 813-815 US dollars/ton FOB in Korea and 832-834 US dollars/ton CFR in China. More than 50% of domestic imports are needed. The decline of foreign prices has a negative impact on domestic market price of p-xylene. The price trend of p-xylene in the market is temporarily stable.

On June 25, the futures market of WTI crude oil in July fell to 57.83 U.S. dollars per barrel, a decline of 0.07 U.S. dollars. The futures price of Brent crude oil rose to 65.05 U.S. dollars per barrel in August, a rise of 0.19 U.S. dollars. Crude oil prices declined, which lost some cost support for the price of downstream petrochemical products, and the price of paraxylene market stabilized temporarily. Recently, the textile industry has been stable for a while. PTA prices fluctuated on the 25th day. The average offer price in East China was raised near 6050-6150 yuan/ton. As of the 25th day, the domestic PTA start-up rate was about 93.5%, the polyester industry start-up rate was about 90%, and the downstream production and sales rate maintained a high level. However, the PTA market price fluctuated, and the PX market price is expected to remain volatile in the later period.