Analysis of domestic PVC market this week (5.7-5.11)

Products: During the maintenance period of PVC enterprises in May, the spot inventory of manufacturers was low, and the destocking stage, the output declined, and the inventory continued to decrease
.
At the same time, the downstream infrastructure industry gradually started in full swing, especially in Shandong, affected by the summit, parking led to early procurement of enterprises, PVC demand increased, and demand in the second quarter was good, resulting in factory prices rising and traders following higher
.
As of May 11, the mainstream quotation of calcium carbide PVC5 type in the East China market was 6800-7150 yuan / ton
.

In terms of raw materials: the calcium carbide market rose slightly this week, the supply was tight, affected by environmental protection policies, the operating rate was less than expected, and the second quarter was expected to be stimulated, and the calcium carbide market was the main
player.
Affected by the support of upstream raw materials, PVC prices continued to rise
.

Import and export: according to incomplete statistics, in 2017, China's total output of plastic products was 75.
155 million tons, the export volume was 11.
68 million tons, accounting for about 15.
54% of the total output, of which, exports to the United States accounted for about 19.
71% of the total exports, imports from the United States accounted for 7.
33% of the total imports, the recent Sino-US trade war escalation, the policy has not been implemented, in the short term Sino-US trade war on the import and export volume of plastics and their products will not fluctuate greatly, PET market in a
。 If the Sino-US trade war gradually intensifies, it is expected to have a negative impact
on the domestic PET industry.

Industry: The rubber and plastic index was 827 points on May 10, up 1 point from yesterday, down 21.
98% from the highest point in the cycle of 1060 points (2012-03-14), and up 43.
58%
from the lowest point of 576 points on December 21, 2015.
(Note: the cycle refers to 2011-12-01 to the present) The rubber and plastic industry as a whole has shown an expansion trend recently, and the market is the main
player.

Recently, the rubber and plastic industry as a whole has entered the maintenance period, to capacity, to inventory stage, the overall inventory of the market gradually decreased, coupled with the demand has increased, the industry is optimistic, it is expected that the overall market of PVC in the short term will continue to rise, the price increase range is 200-500 yuan / ton, PVC 5 type mainstream quotation 6800-7500 yuan / ton
.