On August 19, 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 market price trend of p-xylene in China was temporarily stable on the 19th. 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 was overhauled. Hengli Petrochemical PX Plant was put 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 plant in Asia is about 80%. On August 16, the closing price of p-xylene in Asia dropped by 6 US dollars per ton. The closing price is 771-773 US dollars per ton FOB in Korea and 790-792 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 August 16, the price of WTI crude oil futures rose to 54.87 U.S. dollars per barrel, an increase of 0.40 U.S. dollars. Brent crude oil futures rose to 58.64 U.S. dollars per barrel, an increase of 0.41 U.S. dollars. Crude oil prices rose, which had a positive impact on downstream petrochemical products. The price trend of xylene market was temporarily stable. Recent textile industry volatility, PTA price trend temporarily stabilized 19 days, the average price of East China in the vicinity of 5300-5400 yuan/ton self-raised, as of 16 days domestic PTA start-up rate is about 88%, polyester industry start-up rate is about 87%, downstream production and marketing rate has not changed much, but PTA market price trend is temporarily stable, the PX market price is expected to be later. Maintain shock.