On February 26, the PX Commodity Index was 70.20, unchanged from yesterday, down 31.45% from its peak of 102.40 points in the cycle (2013-02-28), and up 54.12% from its 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 rising. Pengzhou Petrochemical Unit has been running steadily, Urumqi Petrochemical Unit has started 50% and Fuhaichuang Aromatic Hydrocarbon Unit has been restarted. Other units have been running steadily for the time being. The domestic market supply of p-xylene is normal, and the market price trend of p-xylene has increased slightly. The opening rate of PX plant in Asia is about 80%. On February 26, the closing price of p-xylene in Asia dropped by 6 US dollars per ton. The closing price is US$109 2-1094 per ton FOB Korea and US$111-1113 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, but due to the settlement price of Sinopec in China. The price of p-xylene rose slightly.

On February 26, the price of WTI crude oil in April rose to 55.50 US dollars per barrel, an increase of 0.02 US dollars. Brent crude oil in April rose to 65.21 US dollars per barrel, an increase of 0.45 US dollars. The price of crude oil rose slightly, which supported the price of downstream petrochemical products. The price trend of xylene market rose. Recently, the textile industry has declined, PTA prices shocked on the 27th. The average price in East China was raised near 6350-6500 yuan/ton. As of the 26th day, the domestic PTA start-up rate was about 80%, the polyester industry start-up rate was about 77%. In addition, the guerrilla production and sales rate was low. The PTA market price shocks, and the price of PX market is expected to rise slightly in the later period.