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It has now entered March, and the resumption of the terminal industry and plasticizer industry has been opened, but it is not comprehensive.
Under the control situation, some are still in a parking or low negative state, but the parking phenomenon is gradually reduced, and the industry is expected to start in the later stage.
The load will gradually increase, but at this stage, the main problem is still the outstanding contradiction of excess.
For plasticizers, the pressure on social inventory is still high, and the market price is also falling
.
As shown in the above chart, for the latest installation trends in the DOP industry, most manufacturers have restarted installations, but basically maintain a low load.
At present, the industry's start-up has increased to about 30%, and it is expected that the start-up load will continue to increase in the later period
.
As shown in the above chart, it is the latest installation trends in the DBP industry
.
As shown in the figure above, the plants of domestic phthalic anhydride manufacturers have basically resumed normal production, but there is still a certain amount of controlled production
.
In general, although the terminal industry is in a state of resumption of work one after another, it still needs cycles to improve the demand side.
Especially at this stage, the industry as a whole has inventory pressure, and the industry is expected to remain bearish, so there is limited participation in the market.
On the basis of the slow destocking, the market The center of gravity still has some room to go down
.