According to statistics, the domestic p-xylene ex factory price rose this week, with an average price of 5200 yuan / ton at the weekend, 10.64% higher than the price of 4700 yuan / ton at the beginning of the week, and 24.64% lower than the same period last year.

The price trend of domestic p-xylene market is rising, and the domestic PX operation rate is about 60%. The operation of Hongrun 600000 tons new unit is stable, Huizhou refining and chemical unit is stable, Fuhai Chuang unit starts one line, Pengzhou petrochemical unit is stable, Yangzi Petrochemical PX unit is normal, Jinling Petrochemical unit is stable, Qingdao Lidong unit is full load, Qilu petrochemical unit is stable The start-up of Urumqi petrochemical plant is about 50%, Hengli petrochemical plant is running normally, the supply of domestic p-xylene is normal, and the price trend of domestic p-xylene market is temporarily stable. This week, the operating rate of PX plant in Asia was about 70%, and the supply of PX in Asia was normal. The trend of PX external price was mainly volatile this week. By the end of the week, the closing prices of PX market in Asia were US $671-673 / T FOB South Korea and us $689-691 / T CFR China. This week, the trend of PX external price remained high. About 40% of domestic products needed to be imported, and PX external price closed The rising price has a positive impact on the domestic market, and the price trend of domestic PX market is rising.

The price of WTI crude oil futures market in the United States rose slightly this week. As of the 21st, the settlement price of the main contract of WTI crude oil futures market in the United States was at US $53.13/barrel, and the settlement price of the main contract of Brent crude oil futures market was at US $56.10/barrel. The oil price continued to rise, mainly because the market was still concerned about Saudi Arabia’s commitment to reduce production, the tense relations between the United States and Iraq, and the strong stock market The rising trend of crude oil price is a good support for domestic petrochemical products, and the domestic market price of p-xylene is higher.

This week, the price trend of PTA Market in the lower reaches fell slightly. By the end of the week, the PTA Market in East China had been negotiated for 3800-3900 yuan, and the recent PTA downstream orders were acceptable. PTA enterprises had good production enthusiasm, and there was no large-scale maintenance phenomenon. As of January 22, the starting load of domestic PTA production enterprises was 84%, which was at the normal level. At present, the periodic contradiction between supply and demand of PTA is not sharp, and crude oil still brings some support to the market. PTA price is expected to continue the strong oscillation situation, so the price trend of upstream PX is mainly rising.

In general, the demand of the textile industry has not improved significantly, the order performance is relatively normal, the terminal demand is general, and the upstream PX is mainly purchased on demand, and the price trend of PX market is rising.

Chen Ling, PX analyst of business news agency, believes that the recent trend of crude oil price remains at a high level. In addition, the downstream industry market is fair, and the domestic PX market supply is normal. It is expected that the PX market price will remain at a high level next week.