Analysis on PVC production and operating rate in 2022

May 4, 2023

TDD-global

15229

Guide

Highlights at a glance

In 2022, PVC production totaled 21,973,100 tons, reflecting a decrease of 180,100 tons from the previous year. The operating rate of PVC plants fell in the latter half of the year, impacted by a notable shortage in PVC futures. While the first half maintained over 80% capacity, the second half saw a sharp decline.

Analysis on PVC production: The cumulative output of PVC from January to December 2022 was 21,973,100 tons, decreased by 180,100 tons from last year. The decline rate was 0.81%. The operating rate of PVC plants declined in the second half of the year.

2022 PVC plant operating rate analysis: 2022 domestic PVC plant operating load rate has declined, excluding the influence of the Chinese New Year in February, the first half of the operating load rate can still be maintained at more than 80%, but 2022 PVC futures shortage is obvious, the price of both futures and spot markets fell sharply, the second half of the year after July PVC plant operating load rate has been declining.