The domestic PVC market will continue to decline weakly, mainly affected by the sluggish demand. The start of downstream products is still expected to be lower. The impact of the epidemic and the sluggish orders have led to a decline in the start of PVC products, and the enthusiasm for stocking downstream raw materials is not high. On the whole, the short-term domestic PVC market price may continue to be consolidated.
At present, the domestic PVC market has entered the off-season of winter, and there is little change in the start-up of enterprises. At present, there are few maintenance enterprises. Some enterprises are considering profit losses, and their willingness to start work is not strong. In addition, the price of liquid chlorine has improved recently, and enterprises mainly maintain stable operation.
Demand continues to drop as spring break looms
At present, the start-up of domestic PVC products enterprises is expected to continue to decline. With the outbreak of difficulties for workers to get to work, there is no sign of relief before the short New Year's Day, and the order situation is not good. Looking at the overall industry, downstream product companies will continue to maintain low-level start-ups next week in spring.
Both manufacturers and social banks have increased, and supply pressure has emerged
At present, the inventory of PVC factories continues to increase, mainly due to the increase of 3% in the inventory of calcium carbide method enterprises. This week, the preliminary statistics of PVC third-party inventory increased by 0.80% month-on-month; upstream factories were difficult to find drivers and shipments were difficult, and third-party inventory was affected by the decline in downstream operations, and inventory increased.
The cost has not changed much, and calcium carbide is mainly used to maintain stability
The supply-demand game in the calcium carbide market for PVC raw materials continues. In the short term, the domestic calcium carbide market is mainly stable, and the cost of calcium carbide method has not changed much. The prices of raw materials ethylene and vinyl chloride are affected by weak downstream demand. It is expected that the cost of ethylene-based PVC will also maintain a stable trend.
On the whole, the domestic PVC market will continue to decline weakly, mainly affected by the sluggish demand. The start of downstream products is still expected to be lower. The impact of the epidemic and the sluggish orders have led to a decline in the start of PVC products, and the enthusiasm for stocking downstream raw materials is not high. On the whole, the short-term domestic PVC market price may continue to be consolidated.
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