Shanghai Daoqin Plastics Co., Ltd.

        近 day, has market expected, year lower semi year, ethylene market will 维持供 于求 landscape. this is is 一方面本 区 production capacity growth, but also USA export can can increase, 另一方面 ethylene lower industry outlook/prospects 黯淡.

         ethylene glycol (MEG) is year upper semi year China ethylene material in performance most industry. 因供 于求, Imported price 跌至2009 year most low water 平, 5 month low 于石脑油 cost. China market soft and low profit rate Q2 degree ethylene glycol large degree decrease 产. and in 东 区 一体化 production selection export more more ethylene product. statistics, 3家拥 has ethylene glycol production capacity 一体化 production in 6 month and 7 month 出售 至 less 5 10,000 tons in stock ethylene.

         in ethylene supply 方面, 2018 year 底至2019 year 4 month, Korea Lotte Chemical and LG Chem formed ethylene understanding expand 建, make ethylene supply 充足. due to type low density polyethylene (PE) (LLDPE) market 持续疲 soft and lower 游检修 and production fault/failure and other, 2019 year upper semi year Southeast Asia ethylene supply amount very 充足.

        亚洲 and in 东 区 upstream and downstream 一体化 ethylene glycol production can can 继续以 relatively low negative rate ethylene glycol 厂. year year front, in China, Malaysia and USA has ultra- 200 10,000 tons / year ethylene glycol project will 投入运营. another, due to full supply 剩, LLDPE production will maintain drop negative production, tube/pipe 理库存.

         if Enterprise Products Partners and Navigator Holdings newly built 100 10,000 tons / year export in 2019 year Q4 degree use, year front USA ethylene export will increase.

         market table/sheet 示, housing/shell 牌, Chandra Asri and 马国油 main/primary ethylene production will long time 停工检修. ethylene supply and demand basic 面看跌, ethylene production can can low raw materials 石脑油 price high rate.

         future, China ethylene Imported demand also will 放缓, is inner supply increase, lower demand still soft. if 位于江苏省泰兴经济 development new chemical company 乙烷-丙烷裂 understanding plant/unit in Q3 degree can formed start production, company will used for chlorine ethylene mono 体(VCM) and styrene plant/unit production ethylene raw materials. currently company year Imported 32 10,000 tons ethylene. forecast, to 2020 year lower semi year, new chemical will formed is main/primary ethylene material 常规卖家.

         another, and 山东 两家 company also will provide 36 10,000 tons / year ethylene inner supply. this company has ethylene lower plant/unit, can can in Q3 degree use its alcohol made 烯烃(MTO) factory. year year front, ethylene used for production ethylene glycol China Imported can can 继续以 relatively low negative rate its ethylene glycol plant/unit. if 浙江石化120 10,000 tons / year styrene 厂开始商业运营, China styrene market competition will more add 激烈.

        另一方面, from 8 month 份起印 degree 尼西亚 ethylene Imported demand will increase. is 该国 唯一 production 商Chandra Asri decrease/reduce its ethylene product inner sales. company will for understanding plant/unit 进行检修 and expand 建, 10 month expected start production 40 10,000 tons / year PE project. newly built material plant/unit start production 时, Chandra Asri ethylene 净 剩 amount will from currently 42 10,000 tons / year drop 至6 10,000 tons / year.