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In 2020, PVC prices fluctuated sharply, creating new lows and new highs respectively, breaking the previous conventional trend, and the market was obviously
ups and downs.
This year, affected by public health events, PVC upstream and downstream are affected to varying degrees, most enterprises in the early stage stopped work and production, downstream demand recovery is slow, PVC continues to decline, and then with the improvement of demand, exports pick up, the plate rush and other profits support PVC upward, the fourth quarter is even more difficult to find, and create brilliance
again.
In 2021, there will still be uncertainties such as repeated epidemics, which will bring new opportunities and challenges
to the chemical industry and PVC industry.
In 2021, chemical products and PVC futures rebounded, the PVC spot market temporarily stopped falling, and the quotations of some PVC manufacturers also rebounded slightly, but combined with starts, inventories and downstream, the weak trend is not yet over
.
At present, the PVC spot market trading is flat, futures intraday continuation of the shock finishing trend, upstream enterprise operating load continues to be high, new production capacity gradually increases the operating load, market arrivals increase East China South China social inventory continues to accumulate changes, the weather turns cold and the Spring Festival is approaching, downstream demand is in a seasonal weakening stage, the current market spot quotation is still relatively high for downstream enterprises procurement enthusiasm there is a certain inhibition, the number of confirmed cases in Hebei has recently increased, transportation control and downstream load reduction phenomenon increased, At present, most enterprises have limited stocks, mainly on-demand procurement, and the overall transaction is general
.
In the short term, the downward trend of the PVC market has not ended, and the market is expected
to fall further.
In the later stage, we should pay attention to futures trends, downstream demand, emergencies and macro factors in a timely manner
.
