Large factories in the industry chain such as caustic soda, resin, polyester and so on cut production

Global Coatings Network News:

According to market news, since July, due to high upstream costs and weak downstream demand, the operating rate of a large number of industrial chains including caustic soda, polyester, resin, et.

As of August 11, the benchmark price of caustic soda in the market was 1080 yuan / ton, down 118 yuan / ton year-on-year in July, a drop of nearly 10.

With high costs and low demand, the profits of the polyester industry chain have been significantly compresse.

At present, the operating rate of liquid resin is 40%-50.

Coatings: The terminal demand is close to "zero", and the production of large factories is reduced by 15%!

Weak end demand, transmitted through distributors to manufacturers, has caused a slight increase in inventorie.
The person in charge of a large-scale titanium dioxide in the southwest region said that due to the weakening of the transaction, the factory lowered its output by 15% in July, and the production recovery time will depend on the subsequent market tren.
Affected by the traditional off-season of the industry, the price of titanium dioxide has also dropped significantly recentl.

Soda ash: The operating rate is about 75, down to the lowest level in five years!

Due to weak supply and demand, overstocked inventories and the society's promotion of warehouses, the operating rate of soda ash fell by 05% from last week to 748%, which has dropped to the lowest level in five year.
Many companies still have maintenance plans in the next mont.
Flat glass and photovoltaic glass reduce the purchase of soda ash and the quantity of purchases from enterprises, so soda ash is expected to operate weakl.

PVC: Inventory increased by 2 times over the same period!

The accumulation of social inventories in East and South China slowed down slightly to 352,400 tons, more than double the inventory in the same period last yea.
Recently, the operating rate has dropped to 785%, domestic demand is weak and stable, external prices continue to fall, and exports have shrunk following the off-season of external market.
August is still in the off-season of deman.
It is expected that the accumulation of inventory will continue after the PVC, the demand follow-up is weak, and the fundamentals are wea.