Shanghai Daoqin Plastics Co., Ltd.

        2019 year full year 看, inner polypropylene (PP) market performance 不尽人意, although 进入 传统旺季, 10 month inner polypropylene (PP) market price small elastic rear low lower 行. 国庆节 rear 归 库存积累至 high 位, small lower 调出厂 price, reduce pressure; month in 旬受国际原油走 high, in trade 局势缓 and and other 消息提振, PP futures lower, market price elastic. rear futures 连续走 low, 石化出厂 price 转跌, lower enterprise 谨慎观望, market formed force, 商家纷纷 let formed 交. month 底, 随 两油库存缓 slow decline, 石化出厂价止跌企稳. month inner wire drawing price in 8700-9000元/吨.

        近期国 inner PP plant/unit summary

        10 month inner polypropylene (PP) plant/unit relatively upper month obvious decrease/reduce. month loss amount 21 10,000 tons. month inner plant/unit 临时停车 relatively more, can 源, 燕山石化, large 庆石化, in combined, 东莞巨 positive 源, 福建联 combined 二线, in housing/shell, can and other plant/unit short 期停车, more already heavy 启. front plan plant/unit 延安炼厂, 陕西延安 can 源, 神华包头, Formosa Plastics and other plant/unit month inner already heavy 启. currently 广州石化一, 三线, can 源(宁波) plant/unit 处于停车状态, expected 11 month heavy 启. rear 期宁夏宝丰存检修 plan, overall supply pressure relatively large.

        2019-2020 year future start production plant/unit summary

        据 understanding, currently large Hengli polypropylene (PP) plant/unit expected lower month 试运行, large 美, 浙江石化 and other plant/unit year front or will start production. year start production hot 情依旧, 宁波福基二期, 华庭煤业, 天津渤化, in SINOPEC and other sleeve/set plant/unit production capacity in 释放, can future supply pressure large.

        2019 year 9 month China plastics products output/production volume is 679.66 10,000 tons, year-on-year growth 4.5%;2019 year 1-9 month China plastics products output/production volume is 5993.61 10,000 tons, year-on-year growth 4.1%. Q3 degree plastics products output/production volume has increase. is 近几天 plastics products amount increase speed degree 放缓, 2015 year growth rate 仅仅维持 in 1%-3%. demand amount growth speed degree and supply.

         currently 两桶油库存维持 in 70附近震荡, 11 month polypropylene (PP) plant/unit loss amount relatively small, demand difficult has obvious amount, enterprise speed degree 放缓. 业者心态 expected add 谨慎, low 库存运行, 随行就市 is 主. overall 看, expected lower month PP market still difficult breakthrough 颓势, in stock market price upper retardant force heavy