More Than Half Of The April 2019 Polyester Bottle Market Situation Is Difficult To Exceed Last Year'S Brilliant.
Two hundred and eighteen
The year is a year worth remembering in the period of great development of PET bottles. The price in the two quarter broke 5 years ago.
Two
The export volume and the average price have reached a new height.
However, in the first quarter of this year, the bottle film market has gradually entered the peak season, but it is difficult to surpass the glory of last year.
Two hundred and eighteen 219, 1-4 month price chart
Source: lung Chung
Two hundred and eighteen
In the first half of the year, the lower part of the market was mainly replenishment before the festival. The bottle and chip market was in a consolidation state before and after the Spring Festival. After entering the March, the atmosphere of the spot market was deserted and the demand for the stocks continued to be low and the demand was low.
however
Four
Monthly manufacturers focused on the overhaul period, reduced production and continued inventory operations. Combined with the warmer weather, the downstream terminals gradually resumed operation, and the supply of bottles and chips was in short supply, resulting in a sharp increase in manufacturers' quotations and even suspension of quotations.
Two hundred and nineteen
In March, the bottle bottomed market bottomed out, the replenishment before the lower reaches of the festival, the consolidation before and after the Spring Festival, and in March, the Sino US trade war came to the news. In addition, the state was about to introduce a new policy of reducing taxes and reducing taxes. The downstream sentiment was more positive, and the shipments of the manufacturers were tight. After entering April, the price of the flakes increased, and the price of the flakes increased.
On the whole, there is not much difference and change in the market rule. In April, the market price is quite different from that of the same period last year. Why is that? Let's analyze the relationship between cost and supply and demand.
Cost end:
PX
A set of constant strength
Forty-five
Tonnes refinery plant this year
Three
The process has just been opened in late June, and is expected to be released in May.
PTA
New Tong Kun Jiaxing
Twenty-two
Ten thousand tons
/
The number of upstream raw materials increased in recent years.
PX
Down drive
PTA
Price declines, cost side support weakened, dragging bottle film market.
Supply side:
Compared with last year's large export volume caused by the shutdown of two factories abroad, the export of bottle bottles has decreased this year, and two sets of new products have been set up.
Six
Million tons of equipment,
Nineteen
There were two sets in the second half of the year.
PET
The device is about to go into operation, which has eased the pressure of bottle supply this year.
Add
PTA
The device has been overhauled late, so there is not much news at present.
Demand side:
go
year
Four
In July, in response to the coming of the peak season, the market price of PET bottle flakes soared along with the import and export demand and the high cost of upstream raw materials. The cash flow level also reached a new high of ten years.
The pressure of factory supply is large, and the order is started later, and the warehouse has certain stock business, pushing the spot price to more than ten thousand yuan.
And this year, with reference from last year, downstream
Three
Ahead of time, we have prepared stocks ahead of time, and reduced the speculation of raw materials and bottles. This year, we are more rational to participate in market pactions.
And the recent cost support is insufficient, dragging down the bottle piece, the downstream demand is not good, wait-and-see sentiment is thick.
As we all know, the profit of bottle film is mainly concentrated in the first half of the year. To date, the bottle spot market is more intense, but there will not be much change in the market. Before the May 1 holiday, there will be an upsurge of stock preparation, but it is also difficult to balance yesterday's heat. It is worth noting that all kinds of quotations from the last month to the far month have appeared since last year, including contracts and shipments, which are very similar to futures. At present, Zheng Shang is also conducting research. So it seems that the futures market will be available for a long time, so let's wait and see.
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