Industry News
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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.