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In the first two months of 2017, the PVC paste resin market performed better, the market basically showed a stable and small upward trend, since the end of March, the PVC paste resin market began to fall mode, affected by environmental protection inspections, enterprise inventory gradually high and other negative factors, the decline range and speed are constantly refreshed
.
The high point of PVC paste resin basically appeared in early March, the average market price was about 9400 yuan / ton, but after the environmental protection inspection heavy attack, the downstream operating rate of the market shrank seriously, market demand quickly faded, enterprise shipments were not smooth, inventory gradually high, since the end of March began the market began to fall, just look at the month of April, the decline was as high as nearly 15%.
As of early May, the mainstream price of calcium carbide method was 7100-7400 yuan / ton, and the price of ethylene paste resin was 7800-8200 yuan / ton
.
Affected by the sharp decline in the market, the profits of individual ethylene enterprises are almost inverted, coupled with the obvious pressure of inventory, some enterprises have plans to arrange maintenance in advance
.
At present, Anhui Tianchen chlor-alkali and Shanghai chlor-alkali are in a maintenance state, resulting in the current average operating rate of domestic PVC paste resin falling to 70%, down 12.
5%.
Even so, the supply of PVC paste resin in the market is still abundant
.
In May, the overall market situation is still not optimistic, mainly for the following reasons: 1.
Although some enterprises have maintenance plans, there are still high inventories to be consumed; 2.
Environmental protection inspections are still continuing, the downstream operating rate of Hebei and Shandong markets is still low, and the third batch of environmental protection inspections has been launched, the inspection team carried out a one-month environmental protection inspection work in Tianjin, Shanxi, Liaoning, Anhui, Fujian, Hunan and Guizhou, and the downstream operating rate may decline again, but considering that it is not a large area of paste resin demand, the decline rate or narrowing; 4.
Although there are still enterprises that have maintenance plans one after another, the support power is limited
.
In summary, although the paste resin enterprises in May concentrated maintenance, but the market supply may still be sufficient, although it does not play a role in boosting, but may alleviate the market price decline speed, it is expected that the decline in the paste resin market in May will slow down, Zhuochuang information expects that next week calcium carbide PVC paste resin delivery price is 7000-7500 yuan / ton
.
