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    Home > Chemicals Industry > New Chemical Materials > PVC market demand weakened in the off-season There is still some pressure above

    PVC market demand weakened in the off-season There is still some pressure above

    • Last Update: 2022-12-23
    • Source: Internet
    • Author: User
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    PVC main contract 2205 closed at 8258 on Tuesday, up 2.
    06%, the spot market price fell 0.
    46% from the previous day, the current mainstream price is 8300-8900 yuan tons, the holder's offer continues to decline, the market trading atmosphere is general, although the futures price has a certain rebound, but the impact on the spot market is limited, the demand in the off-season is weakened, and the positive shipment sentiment of enterprises is strong
    .

    PVC

    Last week, the operating rate of PVC production enterprises reported 75.
    48%, an increase of 0.
    01% month-on-month and a year-on-year decrease of 4.
    60%; PVC production increased by 0.
    26% month-on-month and decreased by 4.
    79%
    year-on-year.
    With the decline in calcium carbide cost prices, PVC companies' operating load expectations have rebounded slightly this week, and market supply is expected to increase
    .

    Last week, the operating part of PVC downstream products enterprises still declined, and the start of hard product enterprises was poor
    .
    The downstream market is optimistic about the demand a few years ago, and the demand in the north continues to decline after the weather turns cold, and some Xinjiang and northeast enterprises enter the holiday ahead of schedule, and it is expected that demand will weaken
    .

    Longzhong data statistics show that as of December 13, the domestic PVC social inventory was 141,900 tons, a decrease of 7.
    8% month-on-month and a year-on-year increase of 75.
    40%; Among them, East China was 110,000 tons, a decrease of 9.
    76% month-on-month and a year-on-year increase of 77.
    71%; South China was 31,900 tons, down 0.
    31% month-on-month and up 67.
    89%
    year-on-year.

    The operating rate of PVC production enterprises last week was 75.
    48%, an increase of 0.
    01% month-on-month and a year-on-year decrease of 4.
    60%; Among them, the calcium carbide method was 78.
    99%, an increase of 0.
    23% month-on-month and a year-on-year decrease of 6.
    14%; The ethylene method was 63.
    52%, a decrease of 0.
    63% month-on-month and a year-on-year decrease of 5.
    30%.

    Inventories are now above the same period last year, indicating that downstream demand has not recovered enough
    .
    Today's upside resistance to the V2205 contract indicates that there is still some pressure
    above it.
    Operationally, it is recommended that investors wait and see for the time being
    .

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