Shanghai Daoqin Plastics Co., Ltd.

        近 day, BASF 首席执行官马丁·布鲁德米勒 table/sheet 示, USA Mexico 湾沿岸 a large amount of new increase ethylene production capacity will need time can by full market absorption. inner 人士也普遍同意 this 观点, but also due to market trend effect/influence, USA ethylene industry chain profit rate by pressure shrink.

         in recent years, USA 页岩油 gas production capacity fast speed growth already make Mexico 湾 区 裂 understanding plant/unit new production capacity 出现爆炸式 growth. USA inner demand growth full can can absorption this a large amount of new increase ethylene industry chain product, can 寄希望于 export market. is, full 球经济 growth 放缓以 and in trade 紧张关系意味 该 区 a large amount of newly built production capacity 根本无 method in short time inner by outer market absorption. this already 经导致 USA ethylene industry chain product price and can force 跌至近30 year most low 点.

         USA production capacity 进一步 increase, inner positive in 放缓, this add large export pressure, meanwhile 也导致 full scope/range inner ethylene lower 游衍生 material pressure day add large, 如亚洲 and Europe ethylene glycol market. this type of 情况恐 difficult very fast 反转.

         USA production 商们一直希望 will large separation USA ethylene product new product 运往海 outer market, its in separation product can can Europe, separation product in 东, 但亚洲 by is is main/primary export market. due to in 美两国 between trade 战, currently 几乎没 has USA chemical product 越 太平洋进入 China market, USA inner chemical product profit rate positive to pressure.

         USA production year increase 400 10,000 tons ethylene year production capacity, but also 2019 year also will increase same amount production capacity, this will need time let market 消化. this separation new increase amount need versus long time can by 消化, especially is in currently 几乎没 has product 流入亚洲 情况 lower.

         in currently this macro trade lower, mixed combined material understanding plant/unit most make enterprise has 利 位. ratio 如, BASF and TotalEnergies company in 克萨斯州亚瑟港运营 一 sleeve/set investment 15 100 million USD understanding plant/unit, 但实际 upper plant/unit can utilizing non raw materials, this make it versus for/regarding mono utilizing raw materials understanding plant/unit has advantages. is this plant/unit not only production ethylene, also production propylene and carbon product. other has mono 一乙烷进 material understanding plant/unit company ratio its more difficult.