Since January, the market price of PVC paste resin products has not continued to continue falling in December last year, the price movements remained stable. On January 29th, the ex-factory price of domestic high-end manufacturers of PVC paste resin was basically maintained at around RMB 9,800/ton, and the ex-factory price of domestic manufacturers of PVC paste resin was basically maintained at RMB 8,400 to RMB 8,600/ton, with low-end manufacturers. Almost no profit.
The main reasons for this round of PVC paste resin price stability are as follows: Firstly, the domestic manufacturers of low-end PVC paste resin products have no profit at all, or even lose sales. High-end manufacturers also sell at low profit, and it is difficult to maintain price competition. situation. Second, due to the impact of changes in winter weather, many manufacturers of PVC paste resin products cannot maintain high-load operation, resulting in a reduction in market supply, which effectively stabilizes the market price of PVC paste resins. Third, some manufacturers began to reduce the output of ordinary PVC paste resin products and instead developed new products to replace imported PVC paste resins. For example, Shanghai Chlor-Alkali Chemical reduced the production of 62GP, an ordinary PVC paste resin product, in January and began to produce high polymerization degrees. Product 74GP and other varieties, and market promotion, which eased the inventory of ordinary PVC paste resin products.
It is still difficult to determine whether the PVC paste resin market in February continues to decline. On the one hand, the weather is warming, and the post-processing of PVC paste resin products begins to transition to the high season. On the other hand, the current ability of PVC paste resin product installations continues to increase. The balance between the two will determine the future price trend of PVC paste resin products.
We have done chemical products for over 30years. Our main products include PVC Resin, CPE, TIO2, Pe Wax, Paraffin Wax, Stabilizer, Stearic Acid ETC.
