• <abbr id="ck0wi"><source id="ck0wi"></source></abbr>
    <li id="ck0wi"></li>
  • <li id="ck0wi"><dl id="ck0wi"></dl></li><button id="ck0wi"><input id="ck0wi"></input></button>
  • <abbr id="ck0wi"></abbr>
  • <li id="ck0wi"><dl id="ck0wi"></dl></li>
  • Home >

    PTA Industry Concentration To Improve Leading Enterprises To Determine Market Profitability

    2016/10/14 15:10:00 57

    PTALeading EnterprisesProfitability Level

    China's PTA industry has already formed a highly competitive market environment and diversified market participants.

    Unlike petroleum refining, ethylene, aromatics and other petrochemical industries, China's PTA industry does not have a nationwide industrial development plan.

    PTA market participants from their own perspective to observe and understand the Chinese PTA industry, enterprises, governments, financial institutions and other aspects of the lack of overall understanding of the PTA industry situation.

    The research report clearly stated that "in the next 5 years, the PTA industry is expected to remain in a state of serious overcapacity, and the profitability of the industry will remain depressed for a long time."

    The healthy development of PTA industry is inseparable from the cooperation of government, enterprises, industry organizations, intermediaries and financial institutions. This report puts forward some specific suggestions. From the perspective of enterprises, we should invest prudently, strengthen win-win cooperation among enterprises, and establish channels for international cooperation. From the angle of government, we should strictly enter the system, enforce the withdrawal mechanism and strengthen the coordination of supervision. From the perspective of industry organizations, we should further strengthen the coordination ability, guidance ability and orderly operation of trade associations. From the perspective of intermediaries and financial institutions, we should strengthen professional evaluation, fully assess risks and avoid the waste of funds.

    2012 is the watershed for the development of China's PTA industry.

    Before 2012, China

    PTA

    Industry is developing rapidly and supply and demand are flourishing. The industry has maintained a relatively high profit level while developing rapidly.

    After 2012, production capacity increased rapidly, market supply began to overrun, competition among PTA enterprises intensified, and industry profitability level declined rapidly.

    Since 2013, China's PTA industry has been running at a slight profit or even a negative profit range.

    In the next 5 years, the PTA industry is expected to remain in a state of serious overcapacity, and the profitability of the industry will remain depressed for a long time.

    PTA market price is no longer determined by the highest marginal cost, but by the lowest cost enterprises in the industry.

    The report points out that local governments and financial institutions play an important role in the development of PTA industry.

    Although the main players in the PTA industry have been pformed into private enterprises, local governments are still playing an important role in pushing forward the new PTA project and the backward production capacity. Local protection bears some responsibility for the current state of overcapacity.

    The support of financial institutions is also crucial to the development of the PTA industry. The rapid growth of capacity after 2010 is closely related to the credit easing policy.

    In the current industry situation, financial institutions should be cautious about PTA projects and avoid the phenomenon of bad loans caused by low competitive projects.

    The competitiveness of PTA enterprises and installations is determined by the technical level, location conditions and the correlation between upstream and downstream industries.

    Through the assessment of the above three factors, the report thinks that the overall competitiveness of China's PTA in the first group is about 22 million tons / year, which is the main force determining the situation of PTA industry.

    Profitability and anti risk ability of PTA double low production capacity of about 7 million 800 thousand tons / year, is in the edge of the market eliminated.

    When evaluating and evaluating PTA projects, investors, governments and financial institutions should give full consideration to various factors.

    Apart from the scale and technology level, location factors and upstream and downstream industries association also play an important role in the competitiveness of PTA, and sometimes even play a decisive role.

    The report points out that the total capacity of the PTA installations in China for various reasons at present is as high as 14 million tons / year, accounting for about 1/3 of the total capacity.

    PTA with other Asian countries

    device

    In contrast, the average life cycle of China's PTA device is too short, not only can not bring the expected return to the enterprise, but also easily lead to a high rate of non-performing loans and serious waste of social resources.

    Through the comprehensive evaluation of the competitiveness of the PTA device, the PTA market in the next 5 years will have a 5 million 300 thousand ton / year PTA capacity which is likely to be shut down.

    In view of the current market situation and development trend, the research report also puts forward suggestions for the relevant parties in the PTA industry.

    PTA potential investors should invest cautiously.

    PTA enterprises should avoid vicious competition, strive to achieve win-win cooperation, and explore ways to resolve excess capacity through "going global".

    The government and regulators should strictly access conditions, improve the exit mechanism of backward production capacity, and strengthen industry regulation from the perspective of energy conservation, emission reduction, environmental protection and safety.

    Improving industry competitiveness and improving

    Trade Association

    Independence and working ability.

    When approving new PTA projects loan financing, financial institutions should carefully assess project risks and avoid repeated occurrence of bad loans arising from low competitive projects.


    • Related reading

    The Downturn In The Apparel Industry Has Been Declining.

    Industry dialysis
    |
    2016/10/9 12:23:00
    54

    This Is The Age When Clothing Industry Is Particularly Entangled: Pain Is Greater Than Joy.

    Industry dialysis
    |
    2016/10/9 10:22:00
    24

    Clothing Brand Revenue Is Closely Related To Weather.

    Industry dialysis
    |
    2016/10/7 22:36:00
    20

    Clothing Industry Backdoor Reorganization Case Frequently, Accelerate "Shuffle" Reorganization

    Industry dialysis
    |
    2016/10/6 16:15:00
    63

    Clothing Enterprises Are Going To Seek Pformation Through The Exploration Of Smart Clothing.

    Industry dialysis
    |
    2016/10/6 15:45:00
    75
    Read the next article

    The Right Way To Stock Selection: Three Hundred Rounds Of War And Stock Market

    For the new stock market investors, what kind of stock selection should be used? That is, the main wave is the main purpose of the stock traders, and every stock has a main wave. How can we catch several times or dozens of main waves? Is there any way? The answer is yes.

    主站蜘蛛池模板: 国产高清免费视频| 黄色特级片黄色特级片| 欧美成人观看免费完全| 国产精品久久一区二区三区| 久激情内射婷内射蜜桃| 91丁香亚洲综合社区| 最近高清中文在线国语字幕| 国产做床爱无遮挡免费视频 | 99久久精品费精品国产一区二区| 波多野结衣两部黑人mp4| 国产精品一区二区四区| 久久久久亚洲AV成人无码网站| 精品国产一区二区麻豆| 国产资源在线视频| 久久精品国产屋| 欧美va天堂va视频va在线| 无码午夜人妻一区二区三区不卡视频 | 母子俩肥水不流外人田| 在线观看黄的网站| 亚洲男女内射在线播放| 91麻豆精品福利在线观看| 欧美高清性色生活片免费观看| 国产萌白酱在线观看| 久久精品国产亚洲夜色AV网站| 美女免费视频黄的| 少妇大叫太大太爽受不了| 免费又黄又爽的视频| 99久久婷婷国产综合亚洲| 李采潭一级毛片高清中文字幕| 国产精品三级av及在线观看| 久久99精品久久久久久水蜜桃| 男人的天堂影院| 国产资源免费观看| 久久国产三级精品| 一个人看的视频在线| 欧美性另类高清极品| 国产成人精品亚洲精品| 丁香六月婷婷综合| 欧美亚洲图片小说| 十六以下岁女子毛片免费| 窝窝视频成人影院午夜在线|