Domestic p-xylene price fluctuated at high on September 6

On September 5th, the PX Commodity Index was 84.00, which was the same as yesterday. It was 17.97% lower than the highest point in the cycle of 102.40 points (2013-02-28), which was 84.41% higher than the lowest point of 45.55 points on February 15, 2016. (Note: Period refers to 2013-02-01 to date)

Recently, the domestic p-xylene market price fluctuated at a high level. The on-site installation of Pengzhou Petrochemical was overhauled. The Urumqi petrochemical plant started 50%. The Tenglong aromatics plant has been in operation. Other devices are temporarily operating stably, and the domestic p-xylene market is normal. The operating rate of PX devices in Asia is less than 70%. On September 5, the closing price of p-xylene in Asia fell by US$18/ton, closing price was US$1317-1319/ton FOB Korea and US$1336-1338/ton CFR China, PX The external disk price was lower than the domestic market price of paraxylene. The US WTI crude oil futures market price fell to 68.72 US dollars per barrel, down 1.15 US dollars. Brent crude oil futures prices fell to 77.27 US dollars per barrel, a decrease of At 0.90 US dollars, the price of upstream raw materials declined slightly. Recently, the market trend of the textile industry was general, and the price of the PX market fluctuated. The downstream PTA market was affected by the delay in resumption of production, and the PTA supply was slightly tight or continued. As of the 5th, the domestic PTA operating rate was around 82.87%, the PTA price remained high, and the average price in East China was 9300-9350. /Ton the vicinity of the self-lifting, 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 remain high in the later period.

Ferrous Fumarate

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