On July 25, 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 25th. Pengzhou Petrochemical Plant operated steadily in the field. Urumqi Petrochemical Plant started 50% of the operation. Fuhai Created Aromatic Hydrocarbon Plant started a line. CNOOC Huizhou Refinery and Chemical Plant overhauled. Hengli Petrochemical PX Plant went into operation. Other units operated steadily temporarily because of 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 24, the closing price of p-xylene in Asia dropped by 3 US dollars per ton. The closing price was 817-819 US dollars per ton FOB in Korea and 836-838 US dollars per ton CFR in China. More than 50% of the domestic units need to be imported. The decline of foreign prices has a negative 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 24, the price of WTI crude oil futures fell to 55.88 U.S. dollars per barrel, a decline of 0.89 U.S. dollars. Brent crude oil futures fell to 63.18 U.S. dollars per barrel, a decline of 0.65 U.S. dollars. Crude oil prices declined, which lost some cost support for downstream petrochemical products prices. The price trend of paraxylene market is temporary. Steady. Recent textile industry volatility, PTA prices declined 25 days, the average price of East China is around 5700-5800 yuan/ton, the domestic PTA start-up rate is about 89%, polyester industry start-up rate is about 85%, downstream production and sales rate maintained high, but PTA market prices slightly lower, it is expected that PX market prices will be later. Maintain shock.