Q:

Luxi Chemical ethylene plant 30-day maintenance begins

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A:

This maintenance is a routine annual maintenance, with the core objective of identifying possible equipment hazards and optimizing the prolonged operational stability and production efficiency of the units. During the load reduction phase, the output of ethylene and downstream derivatives will decrease simultaneously, leading to a phased tightening of overall market supply.

From a market perspective, the immediate supply contraction is expected to support the prices of ethylene and related derivatives. The subsequent timing of unit resumption and the progress of load recovery will continue to affect market trends and require close monitoring.

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