Shanghai Daoqin Plastics Co., Ltd.

        7 month in 旬, polyethylene (PE) (PE) market 开始“组团” lower 行. currently, high density polyethylene (PE) (HDPE)参考价 is 8416.67元(吨价, lower 同), ratio 8 month decline 4.54%; low density polyethylene (PE) (LDPE)参考价 is 8300元, ratio 8 month decline 1.92%;线 type low density polyethylene (PE) (LLDPE)参考价 is 7400元, ratio 8 month decline 5.13%.

         rear 市 看, in supply and demand good factors function lower, PE market currently has 望逆转.

        首先, effect/influence market supply. more sleeve/set PE plant/unit 处于检修状态, in 韩石化30 10,000 tons / year HDPE plant/unit, 神华榆林30 10,000 tons / year LDPE plant/unit, in combined 创25 10,000 tons / year LDPE plant/unit and 独山子石化 production capacity 总计115 10,000 tons / year 5 sleeve/set PE plant/unit and other, currently 均处于停车检修 or construction start 状态, and production capacity 200 10,000 tons / year left right, industry production capacity 10% above, loss amount basic 位于今 year 以 峰 value. in addition, for/regarding Imported degree relatively high PE 说, 近期人民币 for 美元汇 rate lower 行, stage/phase property product Imported, good product export, from effect/influence inner market supply shrink decrease.

         its 次, lower film demand 乐观. 一方面, currently film production sales 进入旺季, enterprise construction start rate upper rise. 8 month is film sales 旺季, distributor procurement amount improves;9~10 month 份进入棚 film production 旺季, generally 会持续 to 春节;8 month in 旬~9 month in 旬, large film and other production 旺季, large 约维持1 month. currently, film enterprise construction start rate relatively 6 month 份翻 近一倍, 且处于持续回 rise in. another, 华北, 华东 区 is film production large 区, 受台风“利奇马” effect/influence, separation use large to bad, rear or will 迎 农户换棚 high 峰, short inner will improves plastics film demand.

         again 次, pressure to understanding. 经 一段 time low 位运行, front high lower PE库存 has understanding. currently, PE港口库存 in 30 10,000 tons left right, versus relatively year degree high lower slip 17%;PE社会库 amount relatively year degree high decline 11.7%;石化 enterprise 库存也 relatively year degree high decline 35%.

         comprehensive 看, PE market supply has decrease/reduce, lower demand 进入旺季, add 之库存 pressure 持续缓 understanding, rear will 迎 筑底拉 rise market trends.