in the factory often taken to cut production, maintain industry profits, and this year the factory most take as little as possible production, overhaul, but from the disk profit when a large number of hedging, while generating huge warehouse, the processing fee has been maintained at a low level.
Nearing the end of 2016, look back at the first half of this year, the overall general chemical products rose, crude oil rebounded sharply, but PTA is the least volatile chemicals, still in the same place.
| PVA |
Fluctuate so small the main logic is to change the attitude of the PTA factory, which between PTA and PX upstream industry evolved into the internal game PTA game between the factory, the old hope to eliminate backward equipment through the processing fee competition, the main purpose is to accelerate the industry reshuffle.
| POLYVINYL ALCOHOL |
Leave the market in the short and far east Xianglu petrochemical PTA plant, this year in a state of relative balance of supply and demand, supply and demand good in recent years, but the processing fees this year stock market has been in a low level, the end of the two quarter and the three quarter remained at 200-300 yuan / ton low position, but better than the first quarter of two quarter, most remain at the level of 400-500 yuan / ton, compared with the previous years data, processing fees at 600 yuan / ton for most of the factory is a reasonable level.
The reason is difficult to expand the processing fee
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