On January 28, the PX commodity index was 68.80, which was the same as yesterday. It was 32.81% lower than the peak of 102.40 points in the cycle (2013-02-28), and 51.04% higher than 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%. On January 28, the closing price of p-xylene in Asia dropped by 19 US dollars/ton, the closing price was 1038-1040 US dollars/ton FOB in Korea and 1058-1060 US dollars/ton CFR in China. More than 50% of domestic imports were needed. The decline of foreign prices had a negative impact on domestic market price of p-xylene, and the domestic market price maintained 8,600 RMB/ton.

On January 28, the price of WTI crude oil in March fell to 51.99 U.S. dollars per barrel, a decline of 1.70 U.S. dollars. Brent crude oil in March fell to 59.93 U.S. dollars per barrel, a decline of 1.71 U.S. dollars. crude oil price slightly declined, which has limited support for the price of downstream petrochemical products, and the price trend of p-xylene market is temporarily stable. Recently, the textile industry is in a general market, PTA price has slightly declined on the 28th. The average offer price in East China is raised near 6600-6800 yuan/ton. As of the 28th day, the domestic PTA start-up rate is about 80%, the polyester industry start-up rate is about 77%. In addition, the hobby production and sales rate keeps declining, and the PTA Market price has slightly declined. It is expected that the PX market price will maintain 8600 yuan/ton in the later period.