PVC production and plant operating rate in June 2023

May 29, 2024, 11:58 AM

TDD-global

8176

Guide

Highlights at a glance

In June 2023, PVC production in China was 1.756 million tons, down 5.93% month-on-month and 3.72% year-on-year. Calcium carbide method production fell to 1.2887 million tons (-8.47% MoM, -12.03% YoY), while ethylene method production rose to 0.4673 million tons (+2.23% MoM, +30.25% YoY). The operating rate for PVC plants stood at 75.02%, reflecting a 5.67% YoY and 4.72% MoM decline.

PVC production and plant operating rate in June 2023

Analysis on PVC production: In June 2023, the domestic PVC production was 1.756 million tons, a decrease of 5.93% month on month and 3.72% year-on-year. The cumulative production from January to June was 11.1042 million tons. In June, the PVC production based on the calcium carbide method was 1.2887 million tons, a decrease of 8.47% month on month and a decrease of 12.03% year-on-year. The PVC production based on the ethylene method was 0.4673 million tons, an increase of 2.23% month on month and up 30.25% year-on-year.

Analysis on PVC plant operating rate: The domestic PVC plant operating rate was 75.02% in June 2023, a decrease of 5.67% year-on-year and 4.72% month-on-month.