On March 26, the PX Commodity Index was 72.00, unchanged from yesterday, down 29.69% from its peak of 102.40 points in the cycle (2013-02-28), and up 58.07% from its low of 45.55 points on February 15, 2016. (Note: Period refers to 2013-02-01 to date).

Recently, the domestic market price trend of p-xylene has been temporarily stable. Pengzhou Petrochemical Plant has been running steadily. Urumqi Petrochemical Plant has started 50% of its operation. Fuhaichuang Aromatic Hydrocarbon Plant has started a line. CNOOC Huizhou Refinery and Chemical Plant has been overhauled. Other units have been running steadily for the time being. The domestic market supply of p-xylene is normal. The market price trend of p-xylene is temporarily stable. The opening rate of PX plant in Asia is about 80%. On March 26, the closing price of p-xylene in Asia rose by US$1/ton. The closing price was US$1017-1019/ton FOB in Korea and US$1036-1038/ton CFR in China. More than 50% of the domestic units need to be imported. The decline of foreign prices has a positive and negative impact on the domestic market price of p-xylene, and the price of p-xylene in the market fluctuates.

On March 26, the price of WTI crude oil in May rose to $59.94 per barrel, an increase of $1.12. The price of Brent crude oil in May rose to $67.97 per barrel, an increase of $0.76. The fluctuation of crude oil price has little impact on the price of downstream petrochemical products, and the price of xylene market has been stable for a while. Recent textile industry market shocks, PTA price trend shocks on the 26th, the average price of East China bid in the vicinity of 6500-6650 yuan/ton, as of 27 domestic PTA start-up rate is about 84%, polyester industry start-up rate is about 80%, downstream production and sales rate has risen, but PTA market prices rose slightly, it is expected that PX market prices will remain volatile in the later period.