Shanghai Daoqin Plastics Co., Ltd.

12 month market 利空交织, market large type plant/unit formed 功, supply amount 不断激 increase, 令业者 for rear 市担忧情绪 add heavy. supply amount increase and overall demand force comparison add heavy, market pressure obvious. inner outer 盘价差逐步收 narrow, Imported PP美金 low 价货源 impact market, 令原本 supply and demand market sales difficult degree 进一步 add large!

一, inner outer 盘价差逐步收 narrow

由2019 year PP inner outer 盘价差 comparison 发现, 12 month market inner outer price 开始逐步扭转局势, currently polypropylene (PP) plant/unit more sleeve/set 开车并不顺利, Malaysia company understanding plant/unit issues and 俄罗斯西布尔 plant/unit front 期开车均出现 short 期不顺利 phenomenon, meanwhile 西方国家面临 new year day, more production enterprise construction start negative decline, 导致国 inner to 港资源偏紧. inner market production capacity upper rise and 终端订 mono 跟进乏 force made 约, inner market low 价不断 frequency 现, from inner outer 盘价差逐步逆转.

二, in stock comparison

由2019 year in stock analysis 发现, in stock wire drawing futures low pressure and demand 跟进乏 force 拖累, market overall 看空情绪 obvious add heavy. meanwhile inner new increase expand can plant/unit 不断, add heavy market supply pressure. short futures in stock supply pressure effect/influence, 做空思路不变.

三, and wire drawing comparison analysis

2019 year 12 month 库存显示 overall 呈现震荡 lower slip trend, overall 库存维持 in 60-70 10,000 tons / year, full 球经济偏 low and inner enterprise mono force degree and 预期, market raw materials consumption force degree to made 约. meanwhile 2019 year PP new expand can high again 次 临, 浙江石化 and large Hengli and other large type polyolefin plant/unit 落 试运行, market supply and demand pressure more add 凸显, add fast in stock market wire drawing lower pressure.

四, Imported PP国 inner competition pressure 凸显

国 inner polypropylene (PP) supply and demand landscape 逐步凸显, PP production capacity 不断释放 and increase speed and 预期形 formed obvious comparison, inner market pressure add heavy. PP Imported degree year lower slip trend, separation inner lower factory 依旧依赖 Imported in high product, PP Imported 形势严峻, in inner high product 尚未完 full to 自足之际, high product Imported trend still has expand large can can.