Solution: to the production capacity is expected to lift PTA Price

“Chinese PTA The statistical data research and development prospects of the industry “, June 2016 Chinese PTA Shut down in the state of the industry PTA The production capacity of over 14 million tons / year, close to PTA As of June 2016 the total capacity of 1/3, PTA For the total capacity of more than 50 million tons / year, the industry average operating rate of 65%, with the cost and technical advantages of the equipment operating rate is still more than 90%.

Technical progress, approval authority, economic stimulus, credit easing is an important cause of the explosive growth of productivity. Because of the fierce competition, since 2014, China PTA While a large number of industries have a limited production capacity closed, the other side of the new strange phenomenon continues to mount the device put into operation.

From the perspective of technology analysis of PAT1701 contract after nearly half a year of adjustment, prices will gradually converge, to get out of the direction.