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Polyethylene late supply source
by：Lisson
2020-11-10
According to the data shows petrochemical supply will continue to increase.
Device maintenance, the daqing petrochemical has been restarted, fushun is expected by the end of this week officially reopened, accumulative total production capacity will reach 2 million tons, zhenhai refining 450000 tons full density device
has begun to halt production in 22 7042; On August 13, plus the quietly put into production of 300000 tons of HDPE (wuhan petrochemical 6080). And 300000 tons of LLDPE ( 7042). Devices running short-term instability, but afternoon is more likely to continue improving, overall petrochemical supply will gradually improve
; Finally, from the perspective of the petrochemical inventory changes of actual, since July, east China, south China and north China petrochemical stocks continue to rebound, especially linear inventory, is at a higher level, which is led to the recent petrochemical enterprise continues to play the main reason for the shipment
.
peripheral goods supply increase
are usually in August in LLDPE imported large within the next year, nearly four years in August, on average, imports of up to 22. Compared to 90000 tons, 5 - Imports have rebounded in July and September have fallen, but will still remain high; Besides,
profit from import, since July linear imports have continued to rebound in profits in the Middle East and the far east, the far east import source profit since August will remain above 100 yuan/ton, to some extent, it will also stimulate traders to import enthusiasm, is expected in this
years 8, 9 LLDPE imports all the possibility of more than 200000 tons, peripheral source concentration in or to the domestic market price formation.
social stock recovered
according to the statistics, as of August 16, PE market inventories at the end of July 6. Only 18%, compared with the same period in 2012 reduced 2. 82%, while the inventory at the end of July PE market plunged 10 than the same period last year. 1%, which indicates that the first half of August traders stock quantity is larger,
the market supply of goods also gradually abundant supply; In addition, traders seasonal patterns are evident in the stock, which is expected to be ready for the behavior to early September, but as the stock gradually decreases, and the amount of the goods in the process of support for the futures will also weakens, goods
the source market will gradually increase to high, and stock behavior after the subsequent shipments behavior and will, in turn, to plastic futures formation, and the behavior most occurred in September and October.
has begun to halt production in 22 7042; On August 13, plus the quietly put into production of 300000 tons of HDPE (wuhan petrochemical 6080). And 300000 tons of LLDPE ( 7042). Devices running short-term instability, but afternoon is more likely to continue improving, overall petrochemical supply will gradually improve
; Finally, from the perspective of the petrochemical inventory changes of actual, since July, east China, south China and north China petrochemical stocks continue to rebound, especially linear inventory, is at a higher level, which is led to the recent petrochemical enterprise continues to play the main reason for the shipment
.
peripheral goods supply increase
are usually in August in LLDPE imported large within the next year, nearly four years in August, on average, imports of up to 22. Compared to 90000 tons, 5 - Imports have rebounded in July and September have fallen, but will still remain high; Besides,
profit from import, since July linear imports have continued to rebound in profits in the Middle East and the far east, the far east import source profit since August will remain above 100 yuan/ton, to some extent, it will also stimulate traders to import enthusiasm, is expected in this
years 8, 9 LLDPE imports all the possibility of more than 200000 tons, peripheral source concentration in or to the domestic market price formation.
social stock recovered
according to the statistics, as of August 16, PE market inventories at the end of July 6. Only 18%, compared with the same period in 2012 reduced 2. 82%, while the inventory at the end of July PE market plunged 10 than the same period last year. 1%, which indicates that the first half of August traders stock quantity is larger,
the market supply of goods also gradually abundant supply; In addition, traders seasonal patterns are evident in the stock, which is expected to be ready for the behavior to early September, but as the stock gradually decreases, and the amount of the goods in the process of support for the futures will also weakens, goods
the source market will gradually increase to high, and stock behavior after the subsequent shipments behavior and will, in turn, to plastic futures formation, and the behavior most occurred in September and October.
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