On August 28th, the PX Commodity Index was 66.60, which was the same as yesterday. It was down by 34.96% from the highest point of 102.40 points (2013-02-28) in the cycle, which was 46.21% higher than the lowest point of 45.55 points on February 15, 2016. (Note: Period refers to 2013-02-01 to date)
Recently, the domestic market price of paraxylene rose slightly. The equipment was repaired by Pengzhou Petrochemical. The Urumqi petrochemical plant started 50%. The Tenglong aromatic hydrocarbon plant has been in the parking. The other devices are temporarily stable and the domestic p-xylene market is normal. The operating rate of PX devices in Asia is less than 70%. On August 28, the closing price of the paraxylene market in Asia increased sharply by US$54/ton, and the closing price was US$1305-1307/ton FOB Korea and US$1324-1326/ton CFR China. US WTI crude oil futures market price fell in October, reported 68.53 US dollars / barrel, a decline of 0.34 US dollars, Brent crude oil October futures prices fell to 75.95 US dollars / barrel, a decrease of 0.26 US dollars, upstream raw material prices fell slightly, but recently The textile industry rose and the PX market price rose slightly. The downstream PTA market was affected by the delay in resumption of production due to equipment maintenance. The PTA supply was slightly tight or continued. By the 28th, the domestic PTA operating rate was around 81.6%, the PTA price was sharply higher, and the average price in East China was 9300-9350 yuan. /Ton the vicinity of the self-lifting, coupled with the downstream production and sales maintained relatively high level of smooth operation, PTA is still in a balanced small de-stocking state, it is expected that the PX market price will rise slightly in the later period.
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