PVC market rose sharply, and spot prices rose with it

Recently, the PVC market has been affected by the price support of crude oil and coal at the cost end, and the bottom support of PVC is strong, and the price range is consolidated
.
At the same time, because calcium carbide prices continue to fall, PVC companies have reduced their costs and made good profits
.

In terms of downstream demand, it is relatively weak due to the epidemic factors
.
In the case of weak domestic demand, foreign demand is strong, and enterprises actively increase exports
.
According to Longzhong Information statistics, PVC imports in March 2022 were 28,000 tons, an increase of 70.
73% month-on-month and a year-on-year decrease of 20.
68%.

Among them, general trade imports are 02,400 tons, import/incoming processing is 25,500 tons; the main import sources are 16,500 tons in Taiwan, China, 92,000 tons in Japan and 00,720 tons
in France.
(Source: General Administration of Customs)

Under the impact of the epidemic, downstream construction starts have dropped significantly
.
As of last Friday, Longzhong sample data showed that the overall operating rate of downstream product enterprises was 53%, flat from the previous month and down 19%
year-on-year.
Downstream based on poor orders and low starts, more low procurement
.
The upside guided prices higher, which is not conducive to traders
.
The market has strong expectations for demand, and traders' willingness to ship at low prices is not high
.
Judging from the feedback of downstream enterprises, the "Golden Three" has been missed, and the "Silver Fourth" has improved slightly, but the first quarter meets the New Year and the lockdown, resulting in a serious shortage
of actual production days for enterprises.
Follow-up continue to pay attention to the recovery of the domestic epidemic and the implementation of
maintenance.