Industry News
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Ningbo is unblocked, can the PP export getting better?
Ningbo Port is fully unblocked, can the polypropylene export getting better? Public health emergencies, Ningbo Port announced in the early morning of August 11 that due to system failure, it has decided to suspend all inbound and suitcase services from 3:30 a.m. on the 11th. Ship operations, other port areas are normal and orderly production. Ningbo Zhoushan Port ranks first in the world in terms of cargo throughput and third in container throughput, and Meishan Port is one of its six container ports. The suspension of operations at Meishan Port has caused many foreign trade operators to worry about the global supply chain. On the morning of August 25, the. -
The recent high adjustment of China’s PVC market
Future analysis shows that domestic PVC supply will be reduced due to the shortage of raw materials and overhaul. At the same time, the social inventory remains relatively low. The downstream demand is mainly for replenishment, but the overall market consumption is weak. The futures market has changed a lot, and the impact on the spot market has always existed. The overall expectation is that the domestic PVC market will fluctuate at a high level. -
Development status of PVC industry in Southeast Asia
In 2020, PVC production capacity in Southeast Asia will account for 4% of global PVC production capacity, with the main production capacity coming from Thailand and Indonesia. The production capacity of these two countries will account for 76% of the total production capacity in Southeast Asia. It is estimated that by 2023, PVC consumption in Southeast Asia will reach 3.1 million tons. In the past five years, the import of PVC in Southeast Asia has increased significantly, from a net export destination to a net import destination. It is expected that the net import area will continue to be maintained in the future. -
Domestic PVC data released in November
The latest data shows that in November 2020, domestic PVC production increased by 11.9% compared with the same period last year. PVC companies have completed the overhaul, some new installations in coastal areas have been put into production, the industry operating rate has increased, the domestic PVC market is trending well, and the monthly output has increased significantly. . -
PVC market prices continue to rise
Recently, the domestic PVC market has increased significantly. After the National Day, the logistics and transportation of chemical raw materials were blocked, downstream processing companies were insufficient to arrive, and purchasing enthusiasm increased. At the same time, the pre-sale volume of PVC companies has increased significantly, the offer is positive, and the supply of goods is tight, forming the main support for the market to rise rapidly. -
Two production capacities of PVC comparison
Domestic large-scale calcium carbide PVC production enterprises vigorously promote the development strategy of circular economy, enlarge and strengthen the industrial chain with calcium carbide PVC as the core, and strive to build a large-scale industrial cluster integrating "coal-electricity-salt".At present, the sources of vinyl vinyl products in China are developing in a diversified direction, which has also opened up a new path for the procurement of raw materials for the PVC industry. Domestic coal-to-olefins, methanol-to-olefins, ethane-to-ethylene and other modern processes have made the supply of ethylene more abundant. -
The situation of China’s pvc development
In recent years, the development of the PVC industry has entered a weak balance between supply and demand. China's PVC industry cycle can be divided into three stages. 1.2008-2013 High-speed growth period of industry production capacity. 2.2014-2016 production capacity withdrawal period2014-2016 production capacity withdrawal period 3.2017 to the present production balance period, weak balance between supply and demand. -
China anti-dumping case against US PVC
On August 18, five representative PVC manufacturing companies in China, on behalf of the domestic PVC industry, requested the Ministry of Commerce of China to conduct anti-dumping investigations against imported PVC originating in the United States. On September 25, the Ministry of Commerce approved the case. Stakeholders need to cooperate and need to register anti-dumping investigations with the Trade Remedy and Investigation Bureau of the Ministry of Commerce in a timely manner. If they fail to cooperate, the Ministry of Commerce will make a ruling based on the facts and best information that has been obtained. -
China PVC Import and Export date in July
According to the latest customs data, in July 2020, my country's total imports of pure PVC powder were 167,000 tons, which was slightly lower than the imports in June, but remained at a high level overall. In addition, the export volume of China's PVC pure powder in July was 39,000 tons, an increase of 39% from June. From January to July 2020, China's total imports of pure PVC powder are about 619,000 tons; from January to July, China's export of pure PVC powder is about 286,000 tons. -
Formosa issued Oct shipment price for their PVC grades
Taiwan's Formosa Plastics announced the price of PVC cargo for October 2020. The price will increase by about 130 US dollars/ton, FOB Taiwan US$940/ton, CIF China US$970/ton, CIF India reported US$1,020/ton. The supply is tight and there is no discount. -
Recent PVC market situation in the United States
Recently, under the influence of Hurricane Laura, PVC production companies in the US have been restricted, and the PVC export market has risen. Before the hurricane, Oxychem closed its PVC plant with an annual output of 100 units per year. Although it resumed afterwards, it still reduced some of its output.After meeting the internal demand, the export volume of PVC is less, which makes the export price of PVC rise. Up to now, compared with the average price in August, the US PVC export market price has risen by about US$150/ton, and the domestic price has remained. -
Domestic calcium carbide market continues to decline
Since mid-July, supported by a series of favorable factors such as regional power rationing and equipment maintenance, the domestic calcium carbide market has been rising. Entering September, the phenomenon of unloading of calcium carbide trucks in consumer areas in North China and Central China has gradually occurred. Purchase prices have continued to loosen slightly and prices have dropped.In the later stage of the market, due to the current overall start-up of domestic PVC plants at a relatively high level, and there are fewer later maintenance plans, stable market dema.