PVC production and plant operating rate in May 2023
PVC production and plant operating rate in May 2023
Analysis on PVC production: In May 2023, the domestic PVC production reached 1.8666 million tons, a month-on-month decrease of 3.83% and a year-on-year increase of 2.56%. The cumulative production of PVC products was 9.3482 million tons from January to May. In May, the PVC production based on the calcium carbide method was 1.4095 million tons, a month-on-month increase of 5.62% and a year-on-year decrease of 8.42%. The PVC production based on the ethylene method was 0.4571 million tons, a month-on-month decrease of 6.69% while a year-on-year increase of 13.76%.
Analysis on PVC plant operating rate: The domestic PVC plant operating rate in May 2023 was 79.74% , a year-on-year decrease of 6.12% and a month-on-month increase of 1.99%.
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The Fundamentals are still not Optimistic, and the Short-term Decline of PVC is Difficult to Change4537
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PVC: Social inventory accumulated, cost support weakened, and the external market differentiated during the holiday6598
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PVC: Talking about the stockpiling situation in the domestic spot and future market before the holiday6493
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Analysis on PVC Import and Export Data in May 20238268
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Analysis on PVC Import and Export Data in April 20238306
