In April, domestic plastic raw material PE production was 1.217 million tons, which was a decrease of 213,300 tons from last month, which was a decrease of 9.73%. Most domestic refinery companies overhauled this month, and the overhaul time was longer. Relatively reduced supply.
In April, some domestic refinery companies entered the maintenance period and began to stop and overhaul. According to statistics, the monthly shutdown maintenance involved an annual production capacity of 5.59 million tons, and the loss amounted to 147,300 tons, an increase of 61,600 tons compared to the previous period. 60,000 tons of old complete density for long-term maintenance; Yanshan 200,000 tons of new high pressure maintenance for 15 days, 60,000 tons of old high-voltage 2-wire maintenance for 11 days and 3-wire maintenance for 1 day, 80,000 tons of low-voltage 1-line overhaul for 3 days; Maoming 110,000 Tons of old high-pressure maintenance for 2 days; Dushanzi 100,000 tons of old density maintenance for 7 days, 300,000 tons of new full-density 1-line maintenance for 5 days; Daqing 250,000 tons of full-density 1-wire maintenance for 6 days, 200,000 tons of new high-pressure maintenance 5 Days; Shenhua Hualin 300,000 tons high pressure overhaul 20 days; Shenhua Ning coal 450,000 tons full density overhaul 10 days; Shanghai 100,000 tons 2PE overhaul 17 days; Fuqing 450,000 tons full density 1 line overhaul 6 days; Sichuan 300,000 tons Low-pressure maintenance for 23 days, 300,000 tons full-density maintenance for 21 days; Zhongtian Hechuang 120,000 tons tank-type high-pressure maintenance for 10 days, 250,000 tons of tube-type high-pressure maintenance for 16 days; Yamba, 200,000 tons of high-pressure maintenance for 14 days; Shanghai Gold Philippine 150,000 tons low pressure maintenance 13 days; China and South Korea 300,000 tons low pressure maintenance 2 days; Baofeng 300,000 tons full density maintenance 2 days; Zhenhai 450,000 tons full density overhaul 4 days; Zhongsha 300,000 Maintenance low pressure for 1 day.
From the perspective of operating rate, the overall operating rate of plastic raw materials for polyethylene decreased by 87.63% month-on-month. Excluding the high-pressure operating rate increased by 2.27%, the remaining linear and low pressure decreased by 12.07% and 14.24% respectively. Fully-intensity and low-pressure equipment overhauled, and the market supply was relatively reduced, which led to a decrease in start-up. The overhaul of high-voltage equipments did not change much from last month. It involved Yanshan, Maoming, Daqing, Shenhua, Shanghai, Hechuang, and Yamba companies. Time 10-20 days.
During the month, the domestic polyethylene market for plastic raw materials rose first and then fell. At the beginning of the month, due to the strengthening of futures, and the rise in petrochemical prices, the market price increased. However, the downstream demand was weak, and there was a conflict with high-priced raw materials, and the short-covering intention was not high, and the overall turnover was poor. During the month, the average LLDPE monthly price was 9645 yuan/ton, which was 1.7% higher than the previous month and 1.42% year-on-year. The average monthly price of LDPE was 9976 yuan/ton, which was 2.8% higher than the previous month, and it was down 9.32% year-on-year. HDPE varieties generally rose by 50-50. 550 yuan / ton range.