On January 20, the PX commodity index was 68.80, unchanged from yesterday, down 32.81% from the peak of 102.40 points in the cycle (2013-02-28), and up 51.04% from the 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 in the field. Urumqi Petrochemical Plant has started 50% of its operation. Fuhaichuang Aromatic Hydrocarbon Plant has been restarted. Other plants have been running steadily for the time being. The domestic market supply of p-xylene has increased, and the market price trend of p-xylene has been temporarily stable. The opening rate of PX plant in Asia rose to about 80%, the closing price of p-xylene in Asia increased by 10 US dollars/ton on January 18, the closing price was US$1050-1052/ton FOB in Korea and US$1070-1072/ton CFR in China. More than 50% of the domestic demand for imports. The rise of foreign price has a positive impact on the domestic market price of p-xylene, and the on-site price maintained 8,600 yuan/ton.

On January 18, the price of WTI crude oil in March futures market rose to 53.80 U.S. dollars per barrel, an increase of 1.73 U.S. dollars, Brent crude oil in March futures price rose to 62.70 U.S. dollars per barrel, an increase of 1.52 U.S. dollars, crude oil closing price rose slightly, which supported the price of downstream petrochemical products, and the price trend of paraxylene market was temporarily stable. Recent textile industry volatility, PTA prices have maintained stability in the near future, the average price of East China bid in the vicinity of 6400-6600 yuan/ton self-raised, as of 18 days domestic PTA start-up rate is about 71%, polyester industry start-up rate is about 80%, plus the general hobby market, PTA market price volatility, is expected to maintain the PX market price of 8600 yuan/ton in the later period.