China’s domestic p-xylene price remained high on August 14

On August 13, the PX Commodity Index was 66.40, which was the same as yesterday. It was down by 35.16% from the highest point of 102.40 points (2013-02-28) in the cycle, which was 45.77% higher than the lowest point of 45.55 on February 15, 2016. (Note: Period refers to 2013-02-01 to date)

Recently, the domestic market price of para-xylene remained at 8,300 yuan/ton, the on-site installation of Pengzhou Petrochemical was overhauled, and the Urumqi petrochemical plant was started at 50%. The Tenglong aromatics plant has been in operation, other devices are temporarily operating stably, and the domestic paraxylene market is in normal supply. The operating rate of PX devices in Asia is less than 70%. On August 10, the closing price of the paraxylene market in Asia increased by US$6/ton, and the closing price was 1115.5-1117.5 USD/ton FOB Korea and 1134.5-1136.5 USD/ton CFR China, USA WTI crude oil September futures market price fell 43 cents to close at 67.20 US dollars per barrel. 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 10th, the domestic PTA operating rate was around 81%, the PTA price continued to rise, and the average price of the East China region was 7650-7700 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 remain high in the later period.

Polyglutamic acid 30% agricultural grade

 

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>