Recently, domestic polyolefins have started to move up the trend in the early stage. Pre-holiday plastics futures have continued to rise, and most petrochemical companies have increased. Multiple positive factors have boosted spot market transactions. This article will analyze you from the perspective of big data. The polyolefin market situation before and after the double section.
Downstream construction
In the near term, most of the downstream start-up of polyolefins is on the rise, the raw material market continues to rise, and the National Day holiday is coming soon. This week, more stocks are purchased, and the market supply is faster. In terms of polyethylene, downstream film consumption is opened, agricultural film The operating rate will gradually increase, the operating rate of agricultural film will gradually increase; the operating rate of packaging film is about 7-8 percent. In polypropylene, the plastic weaving industry enters the peak season, the operating rate is about 80%, and the operating rate of BOPP is about 60%. The overall downstream operating rate is 65%, overall strength.
Petrochemical production
In terms of polyethylene, the total production capacity of major PE producers in China is about 17.6 million tons. The linear production capacity accounts for 38.5%, the low pressure pipe production accounts for 15.57%, the high pressure production accounts for 11.9%, and the low pressure hollow production accounts for 11.7. %. In addition to overhaul, the national PE petrochemical enterprise started about 90%.
In terms of polypropylene, the total production capacity of major PE producers in China is about 22.1 million tons, of which the production draw is about 30%, the production of co-polymerization accounts for about 20%, and the production of homopolymer injection accounts for about 12%. PP petrochemical enterprises started about 90.3% overall.
Port inventory articles
According to statistics, the current port of polyethylene in Shanghai port is about 267,000 tons, and the inventory of polyolefin in Tianjin port is about 64,000 tons. After entering September, the inventory of polyolefin ports is declining. Although the effect of destocking is slow, there are still some market conditions. It must be good.
Conclusion
After the holiday season, due to the peak season of agricultural film production in October, the demand for raw materials is concentrated, which is expected to support the polyethylene market. However, Shenhua Ningmei, Shenhua Baotou and other devices will continue to drive, the supply will increase, '金九银十' The practitioners still need to pay close attention to market changes.