Tentative stability of domestic price trend of p-xylene in China on July 10

On July 10, 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).

Azodicarbonamide (AC foaming Agent)

According to statistics, the domestic market price trend of p-xylene was temporarily stable on the 10th. Pengzhou Petrochemical Unit operated steadily in the field. Urumqi Petrochemical Unit started 50% of the operation, Fuhai Created Aromatic Hydrocarbon Unit started a line, CNOOC Huizhou Refinery and Chemical Unit overhauled, Hengli Petrochemical PX Unit put into operation, and other units operated steadily temporarily 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 9, the closing price of p-xylene in Asia increased by 10 US dollars/ton. The closing price is 841-843 US dollars/ton FOB in Korea and 860-862 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 9, the price of WTI crude oil futures rose to $57.83 per barrel, an increase of $0.17. Brent crude oil futures fell to $64.16 per barrel, a decrease of $0.05. The rising trend of crude oil price has a cost supporting effect on the price of downstream petrochemical products. The price trend of Brent crude oil futures is temporarily stable. 。 Recent textile industry volatility, PTA prices declined on the 10th day. The average price of East China is raised near 6600-6800 yuan/ton. As of the 9th day, the domestic PTA start-up rate is about 89%, the polyester industry start-up rate is about 88%, and the downstream production and sales rate remains high. However, the PTA market price declines, and the PX market price is expected to maintain in the later period. Shock.