Industry News

October 26, 2020 2020
PVC market trend in October

Domestic social inventory of PVC is higher than the same period last year. And into the middle and late October, PVC new installations have a production plan, it is expected that the late supply will gradually increase to form a certain pressure on prices. However, due to the overhaul of overseas installations, shin-etsu will carry out a one-month overhaul, and major manufacturers in Europe and the United States also have repair plans, resulting in a reduction in the supply of PVC in Europe and the United States. The price trend of overseas PVC is strong, and the price increase in November by Formosa Plastics has also supported the price of PVC, these factors support the price.

 

At present, the overall operating load of PVC industry is 81.58% , up 2.59 percentage points. The starting load of PVC by calcium carbide method was 81.8% , and the starting load of PVC by ethylene method was 80.58% , and the starting load of PVC by ethylene method was 3.42% . 10, November still have Ningxia Yinglite, Suzhou Huasu, Inner Mongolia Erdos and other sets of equipment maintenance schedule, supply side tight situation will continue until November. Longzhong data showed that 24 domestic PVC enterprises exported 215,100 tons (October 12-october 18) , up 12.68 percent from the previous cycle, mainly due to better downstream demand and export orders also maintained better demand.


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