Figure 1 market price trend of PVC paste resin in 2018-2020
Source: Longzhong information
By the end of 2019, the delivery price of PVC paste resin gloves in East China is 8800-9100 yuan / ton; the delivery price of PVC paste resin bulk materials in South China is 8650-8850 yuan / ton. Up to now, the ex factory price of PVC paste resin glove material in East China is 9300-9500 yuan / ton; the price difference between the glove material and the bulk material in China is widened, and the price of PVC paste resin bulk material sent to South China is 8500-8800 yuan / ton. To sum up, it can be seen that the price of gloves in the first quarter of 2020 will rise by 400 yuan / ton, mainly due to special events, which lead to a sharp increase in domestic demand for PVC disposable gloves; however, the price of large plate materials will rise by a limited margin, and the price will rise first and then fall, mainly because the downstream resumption of work is not optimistic, and the export orders will be greatly affected. A list of PVC paste resin enterprises' parking and maintenance in 2020
Source: Longzhong information
Fig. 2 operation rate trend of PVC paste resin enterprises in 2018-2020
Source: Longzhong information
In the first quarter of 2020, there will be less parking and maintenance, and only Corning chemical has a temporary parking and maintenance. In the first quarter, due to the impact of special events, the load reduction of enterprises was more frequent: Shenyang chemical, Anhui Tianchen, Jining Zhongyin and Tangshan Sanyou had load reduction in varying degrees. In the later period, with the gradual return of employees, the supply of raw materials in place and the recovery of operation rate, the overall operation of PVC paste resin was 64.55%. The lowest operating rate in mid February was only 51%. On the downstream side, the downstream plant of daipan materials resumed construction, but the starting load was low, mainly due to the impact of export orders, the greater impact of exports on the South China toy market, the cold market delivery, and fewer inquiries. In terms of glove materials, the lower reaches of Hebei Province started work normally, with an average operating rate of 80%. Shandong lanfan and Shandong Yingke produced PVC gloves for domestic and foreign market demand. At present, the decline of international crude oil is serious, and the market mentality is greatly affected. In late March, PVC paste resin enterprises began to reduce the factory price, and the market enthusiasm for receiving goods is limited. Enterprises and traders focus on a single discussion. The price difference between glove materials and bulk materials is large, and the low-end price of bulk materials market is relatively good. According to the survey of Longzhong information, it is expected that the market price of PVC paste resin will continue to loosen in April, and the low price of bulk materials will be achieved. Disclaimer: Longzhong information strives to use accurate information, objective and fair information and opinions, but does not guarantee whether it needs to make necessary changes. The information provided by Longzhong information is only for customers' decision-making reference and does not constitute a direct recommendation for customers' decision-making. Any decision made by customers has nothing to do with Longzhong information.
[all texts are original. Readers are welcome to share or forward them to the circle of friends. Please contact 13205333125 for reprint. ]
Identification QR code consultation details
Identify the QR code to download and install the app