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The epidemic affects the high inventory and PP refineries reduce production to ease the pressure

 Last Update: 2022-08-21
 Source: Internet
 Author: User

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1 2 dichlorobutane

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Affected by the epidemic in 2020, road transportation has been blocked in various places, and the inventories of the two oils have risen rapidly.
Most downstream companies have been delayed in starting work due to the impact of the epidemic, which has forced the rapid rise of refinery inventories.
Guaranteed normal inventory during the epidemic!

1.
Comparison of inventory and wire drawing

Data source: Jinlianchuang

At the beginning of 2020, the new coronavirus epidemic gradually spread, and road transportation in various places was blocked, resulting in a rapid increase in the inventory of production enterprises and enterprises in various places, and the phenomenon of warehouse expansion in some enterprises was obvious

2.
Comparison of the start-up of domestic polypropylene manufacturers

Data source: Jinlianchuang

Due to the impact of the epidemic, logistics and transportation are limited, the start-up of terminal enterprises has been delayed, and the inventory of production enterprises has continued to rise.
In order to alleviate the current high inventory situation, in addition to the production of high-melting fiber enterprises to ensure the needs of epidemic materials, the rest of the production enterprises were forced to drop.
It is even possible that the company will stop production in order to relieve inventory pressure in the later stage

3.
The uncertainty of the epidemic situation has increased market worries

The novel coronavirus epidemic continues to spread, and the uncertainty of the epidemic has led to increasing market panic
.
The downstream start-up has not been relieved, and the market supply is limited, and the short-term market will face serious upstream and downstream retention of chemical products
.
The factory has not been in place for a long time, and the situation of the factory is even more worrying.
It is expected that during the epidemic, the market will mainly consume high inventory in the short term, and the polypropylene market will be weak in the short term
.

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