China PX capacity growth rate accelerated to 44% in 2019

In the beginning of 2016, Asian PX price dropped to as low as $681/mt CFR, and Brent crude oil futures were $28.55/bbl at the same time. However, the currently situation is different from that in 2015-2016.China PX capacity growth rate accelerated to 44% in 2019. Since the beginning of 2019, newly-s