China’s domestic price trend of p-xylene was temporarily stable on July 2

On July 1, the PX commodity index was 56.00, unchanged from yesterday, down 45.31% from its peak of 102.40 points in the cycle (2013-02-28), and up 22.94% from its low of 45.55 points on February 15, 2016. (Note: Period refers to 2013-02-01 to date).

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According to statistics, the domestic market price trend of p-xylene was temporarily stable on the 2nd, Pengzhou Petrochemical Plant was running steadily, Urumqi Petrochemical Plant was started 50%, Fuhai Created Aromatic Hydrocarbon Plant was started one line, CNOOC Huizhou Refinery and Chemical Plant was overhauled, Hengli Petrochemical PX Unit was put into operation, and other units were running steadily for the time being 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 plant in Asia is about 80%. On July 1, the closing price of p-xylene in Asia increased by 15 US dollars/ton. The closing price is 833-835 US dollars/ton FOB in Korea and 852-854 US dollars/ton CFR in China. More than 50% of the domestic units need to be imported. The rise of foreign prices has a positive impact on the domestic market price of p-xylene. The price trend of p-xylene in the market is stable for the time being.

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On July 1, the price of WTI crude oil futures rose to $59.09 per barrel, an increase of $0.62. Brent crude oil futures rose to $65.06 per barrel, an increase of $0.32. The rising trend of crude oil price has a certain cost supporting effect on the price of downstream petrochemical products. The price trend of paraxylene market is temporarily stable. 。 Recently, the textile industry has been stabilizing, PTA price has risen on the 2nd day. The average offer price in East China is raised near 7000-7100 yuan/ton. As of the 1st day, the domestic PTA start-up rate is about 95%, the polyester industry start-up rate is about 90%, and the downstream production and sales rate remains high. However, the PTA market price has risen, and it is expected that the price of PX market will remain earthquake in the later period. Swing.

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