On July 22, 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).

According to statistics, the domestic market price trend of p-xylene was temporarily stable on the 22nd. Pengzhou Petrochemical Plant operated steadily in the field. Urumqi Petrochemical Plant started 50% of its operation. Fuhai Created Aromatic Hydrocarbon Plant started one line. CNOOC Huizhou Refinery and Chemical Plant overhauled. Hengli Petrochemical PX Plant went into operation. 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 units in Asia is about 80%. On July 19, the closing price of p-xylene in Asia dropped by 6 US dollars per ton. The closing price is 826-828 US dollars per ton FOB in Korea and 845-847 US dollars per ton CFR in China. More than 50% of domestic units need to be imported. The decline of foreign prices has a negative impact on domestic market price of p-xylene. The price trend of p-xylene in the market is stable for the time being.

On July 19, the price of WTI crude oil futures rose to 55.63 U.S. dollars per barrel, an increase of 0.33 U.S. dollars. Brent crude oil futures rose to 62.47 U.S. dollars per barrel, an increase of 0.54 U.S. dollars. Crude oil price fluctuation has a certain cost support role for the price of downstream petrochemical products. The price trend of paraxylene market is temporarily stable. This is the case. Recent textile industry volatility, PTA price trend temporarily stabilized 22 days, East China average offer in the vicinity of 6250-6300 yuan/ton, up to 19 domestic PTA start-up rate is about 89%, polyester industry start-up rate is about 87%, downstream production and sales rate maintained high, but PTA market price slightly lower, expected later PX market price or will be. Maintain shock.