PVC: social inventory decreased by 2.20% month on month and increased by 72.09% year on year

May 29, 2024, 11:58 AM

TDD-global

6229

The capacity utilization rate of PVC manufacturers increased by 0.88% month on month to 71.16%, a year-on-year decrease of 4.32%; Among them, calcium carbide PVC increased by 0.67% month on month to 68.59%, down 10.39% year on year; ethylene PVC increased by 1.64% month on month to 80.10%, up 16.58% year on year; The total output of PVC was 393600 tons, up 1.33% month on month and down 4.96% year on year.

In this cycle, several pvc manufacturers rebounded their operation and output. The domestic social inventory of PVC was 244200 tons, decreasing by 2.20% month on month and increasing by 72.09% year on year; In East China, 194200 tons, a month on month decrease of 2.75% and a year-on-year increase of 76.55%; South China reached 50000 tons, a month on month decrease of 0.00% and a year-on-year increase of 56.74%.

Within the week, the downstream pvc enterprises purchase mainly depend on their demand, and the order follow-up is limited. The pvc inventory shows a downward trend due to the impact of poor upstream arrival. The production cost of calcium carbide enterprises in eastern China was 6583 yuan/ton, down 6.08% month on month; Gross profit is about - 483 yuan/ton, an increase of 476 yuan/ton month on month; The cost of ethylene method (sample of externally sourced vinyl chloride enterprises) was reported at 6200 yuan/ton, unchanged from last week; Gross profit is about 5 yuan/ton, 50 yuan/ton more than last week.

The PVC production cost is affected by the reduction of raw material calcium carbide price and the increase of liquid chlorine price to more iron. This week, the cost of PVC manufacturers dropped significantly, and the profit rebounded.

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