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Tropical Storm Harvey evolved into a hurricane over the Gulf of Mexico, making landfall northeast of Corpus Christi, Texas, on the evening of August 25, local time, and eventually became a Category 4 hurricane
with winds of 130 miles (about 209 kilometers) per hour.
Harvey later moved offshore and then made landfall again in Copano Bay, this time as a Category 3 hurricane
.
It was the most powerful "monster-class" hurricane in the United States since 2005, and hundreds of thousands of people were forced to evacuate
.
The impact of Hurricane Harvey has had a serious impact
on the US crude oil and energy chemical fields.
The PVC industry is also the first to be affected
.
It is understood that affected by the hurricane, the loss of vinyl chloride production capacity is about 40%, and Texas has stopped the production of 4 sets of PVC plants, which belong to Formosa Plastics and Western Chemical
.
The two companies that parked have a combined capacity of 2.
07 million tons, accounting for about
25% of the total production capacity in the United States.
Transportation was also disrupted by the hurricane, with BNSF railroads reporting multiple problems, BNSF suspending all lines in and out of Houston, and four ports in the Houston area remaining closed
.
According to the survey of Zhuochuang, 80% of the US PVC exports are shipped from the port of Houston, and it is expected that the PVC export volume in the region will be restricted
by transportation.
According to Zhuochuang statistics, PVC imports from the United States every month since 2016 are between 10,000 and 30,000 tons, and PVC imports from the United States from January to July 2017 are 162,500 tons, accounting for 38.
5%
of the total imports from January to July.
However, because China's PVC general trade accounts for a very small proportion, from January to July, general trade accounts for only 17% of PVC imports, so the impact of changes in imported materials on domestic general traders is very limited
.
"Harvey" has a certain support for the domestic export market, but due to the tight supply of domestic goods, and the price remains high, the export enthusiasm of domestic enterprises is not good, in August Xinjiang and Inner Mongolia and other places calcium carbide enterprises did not report September cargo quotations, only a few enterprises in Tianjin maintain old customers, some sources of export, export price in 880-900 US dollars / ton FOB, with the rise in the price of the later international market, exports to domestic enterprises will also form a positive
.