Industry News

January 14, 2020 2020
PVC price in the feature

 Domestic PVC east China market slightly reduced this week, trading gravity than last week fell 80-100 yuan / ton. At present, the east China region inventory than last week, just to maintain the downstream procurement, traders increased pressure on shipments, current calcium carbide material shipments slowed, ethylene material shipments better than expected. The current price continues to conflict in the lower reaches of the market for low-end prices, no stock intention for the time being, the future is still bearish. Prices in the ASIAN PVC market ranged from 10-20 yuan / ton to us $860 / ton in Southeast Asia, US $860 / ton in CFR China and US $880 / TON IN CFR India.

 The operating rate of PVC production enterprises was 81.89% this week, 0.98% lower than last week and 0.72% higher than last year, of which 82.45% , 1.09% lower than last week, 79.27% higher than last week and 1.69% higher than last year. PVC production enterprises in 28,200 tons of maintenance losses, compared to last week increased by 4.06% .

 PVC inventory increased 39.23% month-on-month this week and decreased 12.31% year-on-year. In east China, it increased 36.23% month-on-month and decreased 5.05% year-on-year. In south China, it increased 53.85% month-on-month and decreased 35.48% year-on-year. East China stocks 94,000 tons, south China 20,000 tons.

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