The increase reached 71.14%, and PVC futures were “full of firepower”

Since the epidemic was brought under control this year and my country’s economy began to recover, polyvinyl chloride (hereinafter referred to as PVC) futures began to rise all the way from the lowest price on April 1: 4955. Among them, the highest price of PVC futures four years ago was 8205. According to the latest data, the recent closing price of PVC rose again and broke the record high: 8480! From 4955 in April to 8480 in the first two days, the increase reached 71.14%! Whether it is from the amount of supply and demand, or the optimization of the industrial structure and the influence of seasonal factors, this year’s PVC futures can be described as “full fire”!

The world is so big, in fact life is indispensable
Polyvinyl Chloride (PVC) is a non-toxic and odorless white powder with high chemical stability and good plasticity.
Polyvinyl chloride is the largest general synthetic resin material in my country and the second largest in the world. It is mainly used to produce profiles, profiles, pipe fittings, plates, sheets, cable sheaths, hard or soft tubes, blood transfusion equipment and Film etc.
my country is a large producer and consumer of polyvinyl chloride. The price of polyvinyl chloride is affected by many factors. The price changes frequently and the fluctuation range is large. PVC production, trade and processing enterprises are facing greater business risks and participate in the variety of polyvinyl chloride futures. The demand for value preservation is relatively strong.
Polyvinyl chloride (PVC) is the world’s largest production of general-purpose plastics, and it is widely used. It is widely used in building materials, industrial products, daily necessities, floor leather, floor tiles, artificial leather, pipes, wires and cables, packaging films, bottles, foaming materials, sealing materials, fibers, etc.
In 2019, the production of polyvinyl chloride (PVC) continued to grow, and the growth rate reached its peak in the past five years. The overall production scale of PVC maintains a steady upward trend. According to statistics from the China Chlor-Alkali Industry Association, China’s PVC production reached 18.74 million tons in 2019, a year-on-year increase of 7.31%.
China’s PVC production capacity is mainly concentrated in the northern region

1. Regional distribution of my country’s PVC production capacity:
In terms of regions, my country’s PVC production capacity is mainly concentrated in the northern region. Shandong area accounts for 13% of the national PVC production capacity, Inner Mongolia area is also as high as 10%, and other northern regions: Henan, Tianjin, and Xinjiang account for 9%, 8%, and 7% respectively. The industrially developed East China regions such as Jiangsu and Zhejiang only account for 6% and 4%, which together account for only 10% of the national PVC production capacity.

2. my country’s PVC output in recent years:
In recent years, China’s PVC production has increased year by year, and its supply capacity has been significantly enhanced. The overall trend is upward. The reason behind it cannot be separated from the substantial increase in PVC consumption. At present, my country’s PVC mainly has two major consumer markets: hard products and soft products. Hard products are mainly various profiles, pipes, plates, hard sheets and blow-molded products, etc.; soft products are mainly films, wires and cables, artificial leather, fabric coatings, various hoses, gloves, toys, and floor coverings for various purposes. Materials, plastic shoes, and some special coatings and sealants. From the perspective of the consumption structure of PVC, the consumption of “pipe fittings and pipes” accounted for 42%, which is the main consumption area of ​​PVC; followed by “soft films and sheets”, accounting for about 16%.