After the Ching Ming Festival, the polypropylene industry will come again. After the holiday, Zhongtian Hechuang, Shenhua Yulin and other devices will stop. The spot market will follow the trend. The merchants will seize the market and take a proactive approach to shipping. Then, what equipment is there in April? Is the maintenance plan worth paying attention?
April Polypropylene Device Overhaul Summary Table
As shown in the above table, in addition to long-term parking facilities such as Dalian Organic and Jinxi Petrochemical in April, Daqing Refinery and Shenhua Ning coal-to-coal oil etc. are planned to be unscheduled, which could attract the attention of plastics practitioners. The parking of tubular units mainly involves the loss of production of PPH-T03. Sichuan Ethylene involves the production of L5E89 and pipe, Shenhua Yulin mainly involves the loss of S1003 and other brands.
The total output of this shutdown and maintenance loss is about 220,000 tons, which is a significant increase from the output loss from January to March. In April, the largest loss was in the drawing-level products, low-melting copolymerization, fiber and other products. The impact was small. With the release of good news for maintenance, and with the upward pull of futures, the market price was high, and the price of post-holiday drawing was increased by about 100 yuan/ton before the holiday.
The middlemen were just about to make a move and raised the market price to meet the uptrend. But in May PP1805 contract delivery, the current two oil stocks are around 900,000 tons, which is a middle high, and the demand for plastic products from downstream manufacturers is acceptable, but the demand for household appliances, film factories, etc. Will limit the market rally, medium and long-term market should be treated with caution, it is recommended that businesses run low inventory-based.