The PVA industry has entered the capacity to tail, lack of new capacity, high production capacity

The PVA industry has entered the capacity to tail, lack of new capacity, high production capacity; new production to the dye industry, the price depends largely on the production process of Hubei Chu Yuan, if production is not timely, then next year prices will be predictable; the tire industry and eliminate backward production capacity continuously, the increase of concentration of positive leading enterprises, with double anti positive policy, build factories in Southeast Asia and other places of business, and the tire green process, has already begun with the new green tire production line of the first mover advantage, need to guard against the impact of American trade protectionism; new material industry downstream of OLED outbreak of flowering, worth looking forward to, graphene is not yet mature, waiting for the downstream market opened. Carbon fiber demand growth expectations of civilian areas.

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Overall, optimistic about the main infrastructure of chemical related industries, including PVC, coating, waterproof materials, glass fiber adhesive, etc..

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