Will soon season plastics may have short-term or long market

At the "Plastic Investment Opportunities Seminar" hosted by the Dashang Institute and the Futures Daily, many industry insiders believe that with the arrival of the industry peak season, the plastics market is expected to have a long-term market in the short term.

"Since this year, the downward trend of the commodity market has basically ended, and the future will enter a long-term oscillation bottoming process." Xiang Jiang Co., Ltd. Assistant General Manager Hong Jiangyuan said at the meeting that although the global macroeconomic situation is still not optimistic, but its The impact on the commodity market has gradually declined since last year and is no longer as straightforward as it used to be.

“As far as the plastics industry is concerned, domestic polyolefin production capacity has remained basically unchanged since 2008. However, Shanghai Petrochemical, Daqing Petrochemical and Maoming Petrochemical have been overhauled this year, and may continue until the end of the year.” Sinopec Chemical Sales East China Company Lu Genyu said. From the perspective of demand, the difference between the domestic and the plastics market is relatively obvious. “Comparatively, the demand in September may increase by 20% compared with the single month of May and June, while the difference in total demand in the first half of the year is between 12% and 13%. Overall, although the surplus is particularly good, There is actually a structural gap."

According to Zhou Xinxiaohui, a researcher at Kaifeng Investment, the long-term pattern in the plastics market is only a phased one. "At present, the overall trend of the plastics market is still empty. Unlike the United States and other markets, the low operating rate of Chinese plastics companies is not cyclical, but is affected by the external, so this is only a staged long pattern. Look, the entire market is still empty in the next three to five years."

Jiuzhi Plastics Network