Shanghai Daoqin Plastics Co., Ltd.

although currently polypropylene (PP) market still 然呈供 large landscape, in production enterprise decrease and lower enterprise in large lower, large landscape not only has 恶化, 反而出现 improvement 迹象. can 判断, day polypropylene (PP) 期价跌停 main/primary cost effect/influence.

raw materials price large lower 挫

OPEC2 month report 预估, 2020 year full 球原油 demand amount is 10073万桶/ day, non OPEC supply is 6660万桶/ day, OPEC non 常规油 gas and NGL output/production volume is 483万桶/ day, 则OPEC原油 output/production volume is 2930万桶/ day, full 球原油 supply and demand achieve balanced. 2019 year 12 month, OPEC宣布 in front decrease agreement upper again decrease 产50万桶/ day, rear 沙特阿拉伯宣布额 outer decrease 产40万桶/ day, 即OPEC decrease 产77.2万桶/ day, output/production volume high 于3038.6万桶/ day. 2020 year 1 month, OPEC原油 output/production volume is 2885.9万桶/ day, ultra- 额完 formed decrease 产任务. if OPEC can will output/production volume in this water 平, that full 球原油 supply non 但不会 剩, 反而会出现紧缺. 不, OPEC1 month output/production volume lower slip very large degree upper is ratio output/production volume decline formed, is 常态.

not only 如此, 2 month 底, 社会公共事 parts 逐渐由 China toward Japan, Korea, Italy and 伊朗甚至 full 球蔓延, it for full 球经济 effect/influence in difficult 免, 势必抑 made 原油消费, full 球原油 supply issues 进一步 add 剧. this 意味, full 球原油 supply and demand need achieve balanced, OPEC必 must long decrease agreement, and 进一步 add large decrease force degree. market 曾普遍认 is, is 自身利益, OPEC large rate long decrease 产期限.

however, upper 周 部 long grade upper, due to 俄罗斯 反 for, agreement most has formed, 4 month OPEC原油 production will again 受限. factors effect/influence, full 球原油 price fall 约30%, 击穿30美元/桶关口, can sheet/plate block lower 行. to polypropylene (PP) sheet/plate is 4%, 远远没 has will deep 跌 利空释放完毕, expected future several easy day, in 国际油价没 has obvious good front lower, polypropylene (PP) will 继续走 low.

demand enterprise 逐渐复工

受社会公共事 parts effect/influence, polypropylene (PP) lower production enterprise 复工受 to made, construction start rate long time low 位. 不, 随 情况 good 转, polypropylene (PP) supply and demand landscape toward good is 事实. its 一, 截至3 month 6 day, 塑编, copolymer injection molding, BOPP field/area construction start rate separation is 45%, 63% and 51.9%, relatively 2 month 7 day separation improves 13, 14 and 39.6 百 separation 点, lower demand good 转. its 二, due to profit 不佳, 近期, polypropylene (PP) production enterprise in 停产. 3 month 8 day 当周, polypropylene (PP) production enterprise 检修涉 and production capacity to 444 10,000 tons / year, construction start rate month-on-month decline 13.36 百 separation 点. its 三, supply decline and demand upper rise, 两桶油 库存 small lower slip.

polypropylene (PP) supply and demand landscape good 转, upper 游原油 price large fall, cost formed is day polypropylene (PP) price 跌停 主导 factors. to fall degree high polypropylene (PP) fall degree, rear polypropylene (PP) will 继续走 low, 待利空消化完毕, again machine more mono 抄底.