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July 21, 2023
Introduction: The pre-sale orders of PVC production enterprises increased month on month in this cycle; Inventory of production enterprises decreased month on month. There are 476600 tons of third-party PVC warehouses in China, a decrease of 0.75% month on month and a year-on-year increase of 22.80%;
In the traditional off-season of domestic trade, demand for hard products such as real estate infrastructure is weak, while domestic demand remains strong, while demand for industries such as soft product packaging, sheet materials, and cables remains positive. Recently,
PVC product enterprises have continued to operate weakly, and the demand is low, making it difficult to improve the order situation. From the perspective of domestic PVC profile enterprises, there has been little change in the start of construction within the week, and their own order situation is used as a reference for starting construction. In terms of raw materials, the inventory cycle ranges from 15 to 30 days, and product companies have not received goods well this week, leading to an increase in market prices. However, downstream companies are temporarily wait-and-see, resisting high prices, and their purchasing enthusiasm is not good.
Overall, PVC production enterprises have been subject to maintenance by enterprises in Gansu, Inner Mongolia and other regions, resulting in an expected decrease in capacity utilization rate and a decrease of about 3% in production compared to the previous month; Exports are not sustainable, as export prices rise and the speed of foreign orders slows down; The demand in the domestic market continues to be in the off-season, with primary demand and insufficient support; The cost forecast remains firm, and the overall gross profit of the industry has not changed much, with bottom support remaining.
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The above is the The continuous increase in PVC resin production compared to the previous month is not strong in terms of export sustainability we have listed for you. You can submit the following form to obtain more industry information we provide for you.
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