If you want to understand the market of PVC flooring, you may wish to take a look at the situation of the entire PVC industry.
From the perspective of demand, China's demand is gradually worsening, especially in the northern region, which is affected by the drop in temperature, which is not conducive to the construction of real estate. Although the export market has improved, but due to the impact of low-priced sources such as the United States, the competition pressure has increased, and export prices are expected to continue to decline. Overall, the fundamentals of the PVC market gradually weakened in the fourth quarter.
In the third quarter, China's PVC market was volatile and fluctuated. In July, China's PVC market showed a trend of first falling and then rising. In the first half of the month, the bearish sentiment in the downstream was heavy, the purchases were limited, and the actual transaction was light. Near the end of the month, the price of calcium carbide rose slightly and the policy side expected preference, and the market pessimism eased.
In July, the global PVC price center of gravity fell, and the PVC market demand was weak due to the sluggish performance of China's real estate. Into August, the PVC market rebounded under pressure, and the price entered a downward channel again. There are many disturbance factors in the market in August, including the situation in Taiwan, China, the expectation of real estate handover, the long-short game before the 09 contract delivery, and the expectation of interest rate hikes in the United States, as well as regional power cuts affected by high temperature and less rainy weather. Although September entered the traditional peak season, the demand side did not improve. The downstream products were affected by the poor order situation and the start of construction remained low, social inventory remained high, and the PVC market was operating under pressure. In the international market, the Indian market demand is expected to recover in October. At present, the market is worried that the US PVC will increase exports in order to reduce the PVC inventory. The export volume to India and even China will increase, and market competition will increase. Up to now, the price of PVC calcium carbide type 5 in East China is 6380-6500 yuan / ton.
In the fourth quarter, China's PVC market is expected to show a trend of highs and lows. Although the current demand is still sluggish, October is still in the peak season of demand, and the export market will gradually improve. It is expected that the price of PVC will continue to fluctuate in October. However, in November, the supply side, the maintenance of PVC enterprises has basically ended, and some new production capacity has been put into operation, and the supply is sufficient. On the demand side, China's demand is gradually worsening, especially in the northern region, which is affected by the drop in temperature, which is not conducive to the construction of real estate. Although the export market has improved, but due to the impact of low-priced sources such as the United States, the competition pressure has increased, and export prices are expected to continue to decline. On the whole, the fundamentals of the PVC market gradually weakened in the fourth quarter, and it is still necessary to pay attention to the boost of the PVC industry in the face of policies.
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