On January 13, the PX commodity index was 64.80, unchanged from yesterday, down 36.72% from the peak of 102.40 points in the cycle (2013-02-28), and up 42.26% from the low of 45.55 points on February 15, 2016. (Note: Period refers to 2013-02-01 to date).
| Thiourea dioxide |
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 is less than 70%. The closing price of PX plant in Asia increased by 12 US dollars per ton on January 11. The closing price was US$1050-1052 per ton FOB in Korea and US$1070-1072 per ton CFR in China. More than 50% of PX plant in China needed to be imported. The rise of foreign price has a positive impact on domestic market price of paraxylene, and the intra-site price maintained 8,100 yuan per ton.
On January 11, the price of WTI crude oil in February fell to 51.59 U.S. dollars per barrel, a decline of 1.00 U.S. dollars. Brent crude oil in March fell to 60.48 U.S. dollars per barrel, a decline of 1.20 U.S. dollars. Crude oil closing price slightly declined, which has limited support for the price of downstream petrochemical products, and the price trend of paraxylene market is temporarily stable. Recently, the textile industry has risen, downstream PTA market has risen, PTA price has recently risen slightly. The average price of offer in East China is raised near 6400-6600 yuan/ton. As of the 10th day, domestic PTA start-up rate is about 77%, polyester industry start-up rate is about 82%. In addition, the general market of hobby production and marketing, PTA market price is high, and the price of PX market is expected to rise slightly in the later period.
| Thiourea |