Shanghai Daoqin Plastics Co., Ltd.

        10 month 22 day, USA trade table/sheet office 室(USTR) day front published announcement, will 自10 month 31 day for China 3000 100 million USD add tariff mono product troubleshooting 程序. 自2019 year 10 month 31 day 至2020 year 1 month 31 day, USA 利害关系方 can troubleshooting 申请, need provide 信息包括 has product can substitute/replace property, is by anti-dumping subsidy 税, is tool has important strategy or and China manufacturing 2025 and other industry policy related and other. if troubleshooting to 批准, 自2019 year 9 month 1 day already add tariff can 追溯返 also. in trade still toward and. 10 month 25 day 晚, in comprehensive for in 方牵头人刘鹤应约 and USA trade table/sheet 莱特希泽, 财政部 long 姆努钦通话, di 方确认就美方 Imported China 自产熟 made 禽肉, product tube/pipe system and other and in understanding remove USA for export ban, application type product 公共卫生信息 system and other formed 共识. di 方牵头人 will 于近期 again 次通话, in 此期间工 as will 持续抓紧磋商. has market 人士指出, tube/pipe full macro ring 境恶化, 以美联储 is full main/primary ultra- market 预期 态 degree toward, 积极 货币 policy has 望刺激资本 market upper 扬, in trade 战暂缓, UK “脱欧”形势愈 add 明朗, significantly improves market 风险偏 good, short inner for PE market trends has toward good 支撑.

        2019 year 以, from inner main/primary plastics product 库存情况 看, 一, degree demand low 迷, inner production capacity increase and other factors effect/influence, high year property 同期, 但进入三季 degree, plastics lower main/primary demand data toward good, plastics products output/production volume and plastics products export volume growth, 石化库存 化理想, 库存陆续接近往 year property water 平. especially 8 month and 9 month 份, inner 石化库存 water already obvious low front year history water 平. 进入10 month 份, due to false causes, fast speed 累积至历 history high 位, in trade 关系缓 and, heavy trade 谈判以 and breaking “黑天鹅”事 parts good and other macro factors good, 石化库存 fast speed decline and, 截止10 month lower 旬, 石化库存 already low 于2018 year 同期6-7 10,000 tons.

        四季 degree is PE lower product main/primary production and demand 旺季, 传统农 film demand for market trends in relatively strong/high 支撑, another 临近圣诞, 元旦以 and 传统春节 and other false in, for plastics products demand has 望继续 add strong/high. 自2017 year degree 以, PE product price low lower slip, price history new low, cost 面支撑 add strong/high, price lower 行空间收 narrow. another, year 底, in and 各 方均以 stability development is main/primary direction, stability policy 不断出台, from macro policy for market market trends has 一定利 good 支撑. upper, PE price low 位徘徊继续 lower in cost 面支撑, 石化库存 already low year water 平, pressure relatively year 同期略 small, add 之四季 degree lower demand rigid property relatively strong/high, overall supply and demand pressure has understanding. in trade 恢复谈判, trade has 望进一步 toward good, inner year stability policy for macro good add strong/high, for degree PE market lower, PE price has 望企稳. in full macro ring 境恶化 large ring lower, still 建议PE market 人士谨慎乐观.