Recently, the production enterprises of PVC have basically maintained normal production. Among them, several sets of units have reduced negative production, but some new sets of units have come into production. The operating rate of the production enterprises has dropped slightly. After the festival, due to the difficulties in transportation and the lack of raw materials, after the festival, the operating rate of PVC production enterprises dropped obviously to 70.66% .
PVC industry inventories stood at 475,600 tons, an increase of 51.03 percent over the pre-festival period and a slight increase of 1.11 percent over the same period last year. On the demand side, downstream factories mostly stopped in mid-january. At present, the start-up has already dropped to a low point. Many areas have issued circulars, and all new and under-construction sites need to delay the start-up and resumption of work. Therefore, most of the downstream enterprises have not set a start-up time, weak readiness. In general, the supply of PVC after the festival continues to be adequate downstream demand is insufficient, coupled with downstream start-up needs to be delayed, it is expected that the social inventory of PVC will significantly increase, the formation of pressure on prices.
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