Polypropylene (PP): New Installations Continue to Increase Production, September Output Expected to Hit New High

Data source: JLC

In September, with Daxie Petrochemical3Line put into production.90 /New devices continue to be released in increasing volumes.9In the month, Dongming Petrochemical, Shenhua Xinjiang, Jinxihua Petrochemical, and other facilities that were under maintenance are scheduled to restart.9There are relatively few planned maintenance shutdowns within the month. Currently, it is understood that Guangxi Petrochemical, Qingdao Refining & Chemical, and Daqing Refining & Chemical have plans for unit shutdowns for maintenance.9The domestic polypropylene capacity utilization rate increased in the month, and it is expected that...78.87% 8Monthly Growth1.96percentage points. It is expected that9 PPOutput: "Production at"345.2810,000 tons, an increase compared with the previous month0.16%It is expected1-9The monthly domestic production will reach2946Ten thousand tons, year-on-year growth14.36%In terms of different varieties, the production of homopolymer injection molding has increased significantly due to the new installations at Baofeng in Inner Mongolia and Daxie Petrochemical. The production of raffia, film material, thin-walled injection molding, and fiber material is expected to decline.

Data source: Jinlianchuang

According to different regions,9In recent months, the operating rates in East China and Northwest China have increased significantly. New units in East China have been put into operation and continue to ramp up production, with Zhenhai Refining & Chemical among them.3The line device is scheduled for shutdown and maintenance at the end of the month, which will have little impact on the supply volume for the month. The overall operating rate in East China is increasing.5.02 percentage points to81.43%In the Northwest region, the Shenhua Xinjiang and Ningxia Baofeng Phase III units are scheduled to start up in mid-month, while other units are operating stably. The operating rate in this region will be maintained.91.11%The operating rates in North China and Northeast China have declined. In North China, Jinneng Technology has halted production on lines one and three, Qingdao Refinery plans to conduct maintenance for a week this month, and Yulong Petrochemical has shut down lines three and four, with the restart time still uncertain. The operating rate in North China has fallen to62.34%The Daqing refining and chemical line in the Northeast region has a maintenance schedule, leading to a further decline in the operating rate in Northeast China, with the overall operating rate in the region only at54.97%。