Shanghai Petrochemical has a PP production capacity of 400,000 tons/year for three sets of units, and the current first-line and third-line loads are normal. The second line is stopped for maintenance and driving is expected to resume in early April. The spot prices of merchants follow the market, and trading is acceptable.
Luoyang Petrochemical's two PP production units have a total production capacity of 220,000 tons/year. The new line of 140,000 tons/year has normal load. The old line of 80,000 tons/year was stopped on February 6. The recovery time has not been announced. The main source of goods is supplied to core customers, and the merchants 'stock goods follow the market, and the trading is acceptable.
Shaoxing Sanyuan PP's two production units have a total production capacity of 500,000 tons/year. The old production line is under normal load. The new unit (300,000 tons/year) was stopped on August 22 last year. No restart plan has been announced yet. The main source of goods is for core users, and the merchants 'stock goods follow the market, and the trading is acceptable.
Jincheng Petrochemical has two PP production units, and the second-line production unit is under construction, with a first-line production capacity of 150,000 tons/year. The previous shutdown for maintenance was restarted on March 1. At present, supply is tight, and merchants are on the market in stock, and trading is still good.
The two production units of Haiguolong Oil PP have a total production capacity of 550,000 tons/year. The first line entered maintenance on February 11, and the second line was under normal load. Maintenance tasks are planned in early April. The spot prices of merchants follow the market, and trading is acceptable.
Luoyang Petrochemical's two PP production units have a total production capacity of 220,000 tons/year. The 80,000 tons/year old line was stopped on February 6, and the load on the 140,000 tons/year new line is normal. The main source of goods is supplied to core customers, and the merchants 'stock goods follow the market, and the trading is acceptable.
Guangxi Hongyi's PP production plant has a total production capacity of 150,000 tons/year. It was stopped for maintenance at the end of November. It has not yet been restored and the restart time is uncertain. At present, supply is tightening, and merchants are following the market in stock.
Fushun Petrochemical has two PP production lines with a total production capacity of 390,000 tons/year. The old unit (90,000 tons/year) remains parked, and the new unit (300,000 tons/year) has normal load. The ex-factory price of wire drawing material L5E89 was lowered, down 20 yuan to 7350 yuan/ton. The spot prices of merchants follow the market, and trading is acceptable.