Domestic p-xylene prices fluctuated at high on August 28

On August 27th, the PX Commodity Index was 66.60, which was 0.2 points higher than yesterday, which was 34.96% lower than the highest point in the cycle of 102.40 points (2013-02-28), which was 46.21 points higher than the lowest point of 45.55 points on February 15, 2016. %. (Note: Period refers to 2013-02-01 to date)

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Recently, the domestic p-xylene market price trend has been temporarily stabilized. The on-site installation of Pengzhou Petrochemical has been overhauled, and the Urumqi petrochemical plant has started 50%. The Tenglong aromatics plant has been in operation, other devices are temporarily operating stably, and the domestic paraxylene market is normal. The operating rate of PX devices in Asia is less than 70%. On August 27th, the closing price of the paraxylene market in Asia increased by USD 24/ton, and the closing price was USD 1251-1253/ton FOB Korea and USD 1270-1272/ton CFR China, USA WTI crude oil futures market price rose in October, reported 68.87 US dollars / barrel, or 0.15 US dollars, Brent crude oil futures prices rose to 76.21 US dollars / barrel, an increase of 0.39 US dollars, the upstream raw material prices rose slightly, coupled with the recent textile The industry’s market remained high 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 continued to rise, and the average price of the East China region was 9100-9150 yuan. /Ton the vicinity of the self-raising, 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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