繁体中文
Polyvinyl chloride
FOB
Producer :
China
Container Shipping Method:
Ocean transportation
商品介紹:
Breaking new records, Polyvinyl Chloride output is skyrocketing!
1. Output Soars
H1 output hit a record 10.02 million tons. With over 1 million tons of new capacity launching in H2, supply pressure intensifies.
2. Costs Drop, Supply Stays High
Lower raw material prices reduced costs. Despite low PVC margins, recovered caustic soda profits allow producers to maintain high operating rates via "Alkali Subsidizing Chlorine."
3. Demand Slumps
Weak real estate demand crushed downstream开工率 to 40%-50%. High inventory and structural imbalance ("Upstream Expands, Downstream Shrinks") persist.
4. Outlook: Bearish
High inventory and Q3 capacity releases will maintain a weak, volatile trend in H2. Export growth is insufficient to offset the supply glut.
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