PTA Capacity Is Open In The Year.

Mainland PTA operation rate rose to 67%. In November, PTA was pformed from inventory to supply and demand balance.

As Zhuhai BP110 million tons PTA plant plans to end December January parking inspection, Yisheng Petrochemical 2 million 200 thousand tons PTA

It is planned to stop for 15 days in January 2nd, which is conducive to PTA brewing and building energy.

Taiwan and east alliance operations relieve the pressure.

Analysts pointed out that the mainland, Xiang Lu petrochemical, a total of 6 million 150 thousand tons of PTA capacity opened in the year hopeless, deducting a total of 4 million tons of long-term idle PTA production capacity, the mainland

The effective usable capacity is only 33 million 300 thousand tons, and the near 20%PTA capacity is no longer in the consideration of the short period supply and demand balance table.

Current downstream

The load of Jiangsu and Zhejiang textile mills is about 75.4% and 65%, and the supply pattern of the mainland PTA market is obviously adjusted, which is favorable for the PTA factory to enhance the initiative of the market.

The recent international oil price volatility is obvious, and the move affects the price fluctuation of plasticization.

Hong Fuyuan, vice president of Taiwan Affairs, pointed out that the first quarter of next year coincides with the Lunar New Year and the number of working days is reduced.

However, after the lunar new year, Xi Jinping has set a target of protecting GDP by 6.5 next year after the mainland's economic measures are expected to shift from "structural adjustment" to "growth" next year.

Along with the continuous improvement of PTA market conditions, and the profit of PC (polycarbonate) in Taiwan plastics is quite good. Next year, because of Japan's decision to light up, Japan's PC plant will cease operation, and the related capacity will be pferred to Taiwan's maoliao factory in the future.

Taiwan believes that the fourth quarter PP, PE products market is not bad, but SM will still maintain a downward trend, the main factor is that raw materials benzene will be around $600, and will not go down again.

In the first quarter of next year, due to the lunar new year, the Taiwan factory will be shut down for 9 days, the mainland will stop working for 15 days, and the performance will be pushed forward. After the lunar new year, PP, PC and other market conditions are expected to revive and warm up.