According to the statistics, most of the vehicles will be parked in the coal chemical plant by 2018. The parking time will be concentrated in the second quarter. At present, China's economy is at the bottom of the 'L', and the economic data continues its slight upward trend. However, at present, Turbulence in the domestic environmental protection has suddenly warmed up, resulting in a large number of industrial enterprises in the shutdown, downtime, coal, iron and steel, nonferrous metals, cement and chemical output year on year there have been varying degrees of decline.From the current domestic environmental situation, environmental protection also Will continue, especially in the winter heating season, all over the country have introduced measures to limit production, but also to China's industrial growth to some pressure.
The new production capacity is expected to be 1.86 million tons in 2018, and the pressure on capacity will be particularly prominent in 2018. The preliminary production capacity data will be expected to be larger than the apparent consumption data. Most of the new plants put into operation in the past two years are coal-to-olefins and coal-to-olefin products Mostly low-end products, the current domestic product structure still exist certain problems.
Industry over the first half of the year focused on maintenance, but also coincides with the peak season in the industry focused on the second half of the situation.Polyphenylene demand point of view, 3-4 months continuation of the off-season demand, or continue to decline in the market, the demand season opened before May-June Will maintain a strong trend, especially in the second half, the market or continue to rise.