Shanghai Daoqin Plastics Co., Ltd.

         market analysis table/sheet 示, full property PE(polyethylene (PE)) price positive in 展开, its rear has main/primary factors, 一方面 a large amount of new production capacity positive in start production, 另一方面受美 in trade 战, UK 退欧, for one-time property plastics tube/pipe pressure, and its it 一 不确定 property factors effect/influence, demand growth 停滞不 front.

         production capacity a large amount of 释放

         year, USA 第一批以页岩 gas is raw materials PE project start production. 2019 year, USA expected new increase 120 10,000 tons / year LLDPE(线 type low density polyethylene (PE)) production capacity, 82 10,000 tons / year LDPE(low density polyethylene (PE)) production capacity and 80 10,000 tons / year HDPE(high density polyethylene (PE)) production capacity. 2019~2021 year 间, USA will new increase 177 10,000 tons / year LLDPE production capacity, 82 10,000 tons / year LDPE production capacity and 185 10,000 tons / year HDPE production capacity.

        安迅思 data 显示, China, 俄罗斯 and Korea in large increase PE production capacity. 2019~2021 year 间, China will new increase 340 10,000 tons / year LLDPE, 15 10,000 tons / year LDPE and 416 10,000 tons / year HDPE;俄罗斯 will new increase 80 10,000 tons / year LLDPE, 40 10,000 tons / year LDPE and 70 10,000 tons / year HDPE; Korea will new increase 80 10,000 tons / year LLDPE, 15 10,000 tons / year LDPE and 90 10,000 tons / year HDPE. in addition, in and other 亚洲国家也 positive in increase PE production capacity. 2019~2021 year 间, degree will new increase 40 10,000 tons / year LLDPE and 85 10,000 tons / year HDPE production capacity, will new increase 44 10,000 tons / year LLDPE and 44 10,000 tons / year HDPE, Malaysia will new increase 35 10,000 tons / year LLDPE and 40 10,000 tons / year HDPE, degree 尼西亚 will new increase 20 10,000 tons / year LLDPE and 20 10,000 tons / year HDPE, 菲律宾 will new increase 25 10,000 tons / year HDPE, will new increase 14 10,000 tons / year HDPE, 阿塞拜疆 will new increase 12 10,000 tons / year HDPE.

        受页岩油 gas large force development effect/influence, 廉价乙烷 raw materials supply increase, let USA formed is full cost most low PE production 国之一. therefore make PE price 进一步 fall, USA PE production 商, especially is that combined upper business company will production and sales product. remove non 油价暴跌, Europe and that cost relatively high PE production will profit pressure, can can production capacity.

         demand growth 停滞

         USA has new increase production capacity plan export, China is most large in 目. in trade add 剧以, export China market USA PE product tariff plan rise 至30%, USA product by toward and Europe and other other market.

         in demand 旺盛时, other market can in formed large bad lower 消化 自于 USA a large amount of new increase PE product. currently full 球经济 growth 放缓, USA production capacity increase positive in pressure low 一 区 price, 并引发一场 price 战.

        印 degree will 于10 month 2 day in full scope/range inner one-time property plastics ban stage/phase as, ban will cover/cap plastics bag, 杯子, 盘子, small bottle and tube/pipe and other one-time property plastics product.

        欧盟委员会《 waste material frame 架指令》 plan achieve to 2020 year waste recycling rate is 50% target/goal, most 近欧盟委员会进一步 setting waste recycling rate target/goal, 即2025 year to 55%, 2035 year to 65%. large Brand therefore pressure large increase, requirements use can recycling polymer.

        尽 tube/pipe USA PE export relatively year has large growth, 但近几周 demand already 显示出 放缓迹象, causes is trade 冲突 余波 and 悲观 经济 indicators 显示, full 球衰退 can can property already 导致买家削 decrease amount.

         price low 点

         due to USA PE production 商寻求 through pressure low price methods obtain market 份额, PE price already more year low 点. in export competition 进一步 pressure low price.

         in its, PE price 跌至5 year most low 点. USA export positive in lower price, due to in production 商也急于出售, therefore price lower 行走势. in demand 不确定 情况 lower, positive 推迟购买, can 进一步 drop 价. supply table/sheet 示, full 球PE market true positive mixed causes is USA supply positive in market 拉 越 越 low, but also 看似没 has 尽头.

         Africa market PE price already 跌至安迅思9 year front has 记录以 most low water 平. as is substitute/replace target/goal market, Africa very more 人 关注, supply between 爆发激烈 price 战, USA PE材 material in Africa market again drop 价.

         in Europe, LLDPE in stock price 处于2009 year full melt machine rear most low water 平. Europe market HDPE受 USA export effect/influence most large.

        海湾 combined as 委员会(GCC) 区PE price in decline, demand soft make 该 区 supply 商库存 剩. in in market, USA low material supply day increase, 沙特阿拉伯 卖家 already reduce 报价, 以夺回 market 份额. industry report and data 显示, 该 区 construction active relatively upper year decrease/reduce 约40%.