预计沙特石油化工行业将在第四季度依次下降

一份报告称,由于价格环境疲软和原料成本上升,预计沙特阿拉伯石化行业多数产品的利差将在2019年第四季度依次下降。

沙特金融服务提供商Al Rajhi Capital发表的《沙特石油化工报告》补充称,至少在2020年上半年之前,产品价格不太可能回升。

报告强调,沙特石化行业在2019年仍面临压力,主要原因是行业基本面疲弱,包括:a)由于全球经济放缓,终端市场需求下降以及贸易引发的担忧;b)市场新增产能;c)油价和成品油价格下跌。

摘译自 油气新闻

原文如下:

Saudi petchem sector likely to see weak Q4: report

Spreads for most products in Saudi Arabia’s petrochemical sector is expected to decline sequentially in the fourth quarter (Q4) of 2019 amid weaker pricing environment and higher feedstock costs, said a report.

A recovery for product prices is unlikely till at least till the first half (H1) 2020, added the “Saudi Petrochemicals Report” published by Al Rajhi Capital, a leading financial servICEs provider in the kingdom.

The Saudi petchem sector has remained under pressure in 2019, primarily due to weak sector fundamentals, owing to a) lower demand in the end-markets on the back of slowdown in global economy amid trade concerns b) additional capacity coming in the market, and c) decline in oil prICEs and thereby product prICEs, the report highlighted.

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