Recently, PTA two giants and Hengli petrochemical itsumori Petrochemical 2 million 200 thousand tons / year in maintenance, Hengli petrochemical itsumori petrochemical device and will restart in the end of the month. Maintenance of the peak has passed, the operating load will gradually rise, as of October 17th, the operating load of the PTA industry is only 64.5%, is at a low level.
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It is verified, and the Far East Xianglu petrochemical petrochemical started in the year of the possibility is very low, although the short-term will not have a substantial impact on the supply side, but on the negative effects of market expectations can not be ignored.
In late October the MITSUBISHI 700 thousand tons capacity device and the end of the month or next month at the beginning of Helen Petrochemical 1 million 200 thousand tons of production capacity will continue to restart the device, although the maintenance plan and then 3 million 750 thousand tons itsumori production device, but the peak overhaul is gradually in the past, PTA load level will gradually rise, 11-12 months into the probability of a larger inventory accumulation period.
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