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Time: 2017-02-17

In June the domestic plastics market price center of gravity continues to move downward. Downstream into the off-season market, petrochemical production enterprises at the beginning of the pressure reduction, the market with a fall; Market prices rose slightly, and along the crude oil futures have a short time to rebound the market support of the small wave. But after the second half of the day, the market went back down. Most of the downstream products enterprises have a negative review on the order, this year compared to the previous year, the demand is obviously insufficient.

As of June 25, the general plastic price index was 862.93, down 3.7 percentage points from 896.41 in the same period in May, and the decline was significantly larger than that in May.

Production: in May 2015, China's synthetic resin output reached 4.05 million tons, up 2.6% year-on-year. Among them, the output of the five general plastics reached 4.05 million tons, up 8% year-on-year and 1.4% month-on-month. In may, some petrochemical enterprises are still under maintenance, and their output is limited. In June, with the restart of some petrochemical enterprises, their output is expected to increase. May domestic downstream

Plastic products

Total output was 6.179 million tons, down 0.5 percent from the same period last year, mainly due to insufficient orders from terminal enterprises and construction work started in less than usual years. In June, most varieties in the plastics industry entered the seasonal low season, and the production is still expected to decline slightly.

Demand: in May and June, the orders of domestic plastic products enterprises decreased successively, especially in the second half of June, the decline of orders accelerated, most enterprises reflect that the current orders are obviously less than in previous years. From the monitoring data, plastic agricultural film into the seasonal demand season; Plastic pipe by rain weather and the impact of the real estate recession, has also entered the off-season;

Plastic packaging

Film orders than in previous years, the enterprise operating rate is low; Demand for products such as plastic injection molding and daily necessities also fell short of expectations. Exports: China exported 880,000 tons of plastic products in May 2015, up by 3.5% month-on-month, showing a slight improvement in exports.

Zibo district we focus on the research part

The raw materials

Trade enterprises and agricultural film, pipe products enterprises. The main problems faced by trading enterprises are the competition pressure brought by the flattening of regional resources and the decline of profitability brought by insufficient demand. Plastic film, pipe products enterprises face the problem mainly from the shortage of capital and the decline of new orders in two aspects. Zibo, however, the status quo is relatively optimistic.

In July, the domestic plastic market is still facing a big supply pressure, and the demand side will not appear too big improvement, it is expected that the plastic market next month is still weak downward trend. Macroeconomic recession, coupled with the majority of plastic varieties into the traditional season, the overall plastic industry in July will decline.

Risk hint: at present, the product enterprises generally reflect the poor order, coupled with the traditional low demand season, it is expected that the product enterprise order will be worse, which makes the competition between enterprises intensified, the operating risk further increased. At the same time, the downstream pressure will continue to the upstream conduction, the risk of the entire plastic industry chain increased.