On July 2, 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).

According to statistics, the domestic market price trend of p-xylene was temporarily stable on the 3rd, Pengzhou Petrochemical Plant was running steadily, Urumqi Petrochemical Plant was started 50%, Fuhaichuang Aromatic Hydrocarbon Plant was started one line, CNOOC Huizhou Refinery and Chemical Plant was overhauled, Hengli Petrochemical PX Plant 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 2, the closing price of p-xylene in Asia increased by 9 US dollars/ton. The closing price is 842-844 US dollars/ton FOB in Korea and 861-863 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.

On July 2, the price of WTI crude oil futures fell sharply, to $56.25 per barrel, a decline of $2.84. Brent crude oil futures prices fell sharply in August, to $62.40 per barrel, a decline of $2.66. Crude oil prices declined, losing some cost support for the price of downstream petrochemical products, and the price trend of paraxylene market. Temporary stability. Recently, the textile industry has been stabilizing, PTA price has risen on the 3rd day. The average offer price in East China is raised near 7050-7100 yuan/ton. As of the 2nd day, the domestic PTA start-up rate is about 99%, the polyester industry start-up rate is about 90%, and the downstream production and sales rate remains high. However, the PTA market price is rising, and the PX market price is expected to remain earthquake in the later period. Swing.