Shanghai Daoqin Plastics Co., Ltd.

         polycarbonate (PC) market supply and demand 矛盾尖锐持续 made market trends 复苏, 7-8 month cost low 位运行, polycarbonate (PC) gross profit fast speed rise, market low 端货源也摆脱亏 loss 局面.

        2019 year 1-8 month inner market low price profit loss time long 达5 month 之久, upper semi year inner plant/unit plan relatively less, market supply 充足, demand 持续未呈现良 good development 态势, PC market 跌势呈现 add 剧态势.

        2-5 month, raw materials di 酚A market trends to di lower demand low effect/influence, market price 呈现回落态势, 但随 6 month inner di 酚A price fall, PC market gross profit water fast speed 恢复.

         currently inner PC market, good 空消息面继续交织. good main/primary supply 面, Wanhua Chemical, Formosa Chemicals Idemitsu, Chi Mei plant/unit will 逐步开始 plan inner 检修, Domestic plant/unit plant/unit issues and supply issues effect/influence, currently construction start rate low.

        利空消息持续存 in demand 面, tube/pipe in add tariff separation electronics product 延迟至12 month 15 day, currently lower market export mono understanding has obvious good 转态势, market positive rigid 需维持. currently relatively is Luxi Chemical plant/unit 恢复进程以 and inner in new plant/unit start production 进程.