Centralized supply of maintenance devices in the h

The maintenance devices in PP plant are centralized, the supply of goods is reduced, and the downstream demand is weak

release date: Source: zhuochuang plastic editor: bag Views: 2114 copyright and disclaimer

core tip: the domestic polypropylene market fluctuated narrowly last week. At the beginning of the week, some factory prices of petrochemicals continued to rise, strengthening the support for source costs. Because the maintenance device has not been restarted in a centralized way, the supply of goods in the market is tight, and traders are reluctant to sell at low prices. There are tests of tightness when the quotation is stable. The downstream demand is in the off-season, and the factory is resistant to the high price supply, and the trading is flat. Near the weekend, futures rose and fell, some quotations in the spot market loosened slightly, and the wait-and-see mood of the industry heated up

[China Packaging News] the domestic polypropylene market fluctuated narrowly last week. At the beginning of the week, some factory prices of petrochemicals continued to rise, strengthening the support for source costs. Due to the failure of centralized restart of maintenance devices, the supply of goods in the market is tight, traders are reluctant to sell at low prices, and the quotation is stable and rising. The downstream demand is in the off-season, and the factory is resistant to the high price supply, and the trading is flat. Near the weekend, futures rose and fell, some quotations in the spot market loosened slightly, and the wait-and-see mood of the industry heated up

at present, the main factor supporting the PP market has not fallen significantly is the concentration of maintenance devices. Last week, the maintenance loss of polypropylene devices in China was about 85300 tons, a decrease of 1.73% from 86800 tons last week. During the week, the PP units of Ningxia Baofeng, Liaotong chemical, Fujian united and Yanshan Petrochemical were shut down for maintenance, and the PP units of Zhongtian hechuang, Pucheng clean energy and Shenhua that are difficult to break and melt Ningmei coal resumed operation. No new parking device has been heard this week

recently, the operating rate of domestic PP units has been in a downward trend. This week, the operating rate of domestic PP units was 79.57%, down 0.7 percentage points from the same period last week. Last week, four new domestic units were shut down for maintenance, and the overall operating rate continued to decline. This week, Datang Duolun, Sichuan Petrochemical, Fujian Lianhe new second line, Yanshan Petrochemical third line and Yanshan Petrochemical third line plan to resume operation, and the domestic unit operating rate is expected to rise slightly

while the domestic supply of goods decreased, the downstream demand for PP was also in the off-season, and the start-up of some downstream enterprises fell slightly. Last week, the operating rate of the main downstream enterprises of polypropylene declined slightly, among which the downstream operating rate of plastic knitting and injection molding enterprises was stable, and the operating rate of downstream enterprises of BOPP decreased. Due to the strong rigid demand for plastic knitting and injection molding, the orders of enterprises have not changed much, so that the movable workbench of the experimental machine is raised by about 10mm, and the turnover rate remains stable. The orders of membrane plants decreased significantly. In addition, the high price of raw materials squeezed profits, the shutdown of BOPP enterprises increased, and the operating rate of the industry decreased significantly

to sum up, although the current market supply is still tight, which supports the current price, under the negative impact of the plastic range and the strain rate up to the specified strength (the specified non proportional elongation strength, the specified total elongation strength and the specified residual elongation strength) should not exceed 0.0025/s, the weakening of tourism demand and the recent centralized restart of domestic petrochemical plants, it is expected that the momentum of the PP market is insufficient in the near future, which will show a weak and volatile trend