China'S PVC Production Decreased By 7.8% Compared With 1-3 In 2009.
With the successful listing of steel and early indica rice on the Shanghai Mercantile Exchange and the Zhengzhou Mercantile Exchange, Recently, the Dalian exchange has also launched the PVC paction in May. Let's get a general picture of PVC and its market situation.
Since 2003, the output and apparent consumption of PVC have been increasing, and the output and production capacity have been greatly improved. The chlor alkali industry has been expanding blindly and various projects have been launched. Soon, China became the largest producer and consumer of PVC in the world, with capacity exceeding 1/4 of the world's total. The PVC industry chain is very long, and there are more than 1 enterprises in production, trade and consumption.
The global economic crisis broke out in 2008. The overall structural adjustment of the energy industry triggered by the financial turmoil is particularly prominent in the PVC industry. In a short period of more than half a year, China's PVC industry has already triggered a series of market pattern adjustment due to the cost structure of the industry. The price of products has been falling down again and again, and the export of China's PVC resin has basically stagnated since August of 2008.
After entering 2009, despite the first quarter economic data shows that China's economy has gradually picked up signs, but for the PVC industry does not seem to make any essential difference, the survival of enterprises is still worrying. The price of products has always been difficult to upgrade, and the profitability of enterprises has not changed significantly. According to statistics, the cumulative output of PVC in 1-3 months was 1 million 969 thousand tons, down 7.8% from the same period last year. In March, PVC output was 701 thousand tons, down 9.2% from the same period last year, while the ring ratio increased by 5.3%. In the first quarter of this year, the cumulative output of PVC was 1 million 969 thousand tons, compared with the same period last year, a decrease of 7.8%. The upstream raw material output of chlor alkali products also showed a downward trend compared with the same period. In March, the output of calcium carbide in the whole country was 1 million 88 thousand tons, a decrease of 14.1% compared with the same period last year. The cumulative output of calcium carbide in the first quarter was 2 million 919 thousand tons, a decrease of 15.9% compared with the same period last year. In March, the output of raw salt in the country was 3 million 870 thousand tons, a decrease of 4.1% compared with the same period last year. The cumulative output of raw salt in the first quarter was 7 million 815 thousand tons, down 8.6% from the same period last year. The above data show that the overall operating rate of chlor alkali enterprises is still not optimistic. The downstream demand of PVC is still relatively low, which makes the cost of raw materials such as calcium carbide unable to be pmitted downstream, and the production enthusiasm of enterprises is also difficult to improve.
In general, PVC demand is likely to remain depressed in the short term when the impact of the global financial crisis lingers. Because of the serious excess capacity and the imbalance between supply and demand in China, the most effective way is to take strict administrative measures to speed up the integration and adjustment of the whole industry, shutting down a number of small enterprises to reduce the pain caused by this great pformation, and guiding large and competitive enterprises to get out of difficulties and regain new life.
- Related reading
Where Does The Global Economy Lag Behind And Where Does The Fur Industry Go?
|Fur Enterprises Do Well In Internal Work And Deal With Challenges Of Economic Crisis Calmly
|- Shoe Market | Air Force 1, City Color Matching "What The NYC" Shoes Preemptive Preview
- Bullshit | Different Designs Of Ma Haimao'S Blouses On The Top Of The Shirt.
- I want to break the news. | Creative Group "Sued" Hard Core Us Tide Off-White Trademark Infringement Has Exposed A New LOGO Design.
- Fashion Bulletin | German Famous Shoe Shop Asphaltgold Shoes Appreciate
- Fashion shoes | Philippine Dong X Joint NMD Hu Shoes "Look Within" Orange Red Version Debut
- I want to break the news. | Bulgarian Designer Kiko Kostadinov Photo Series Debut
- Shoe Express | Vans X HAVEN 2019 Combined Shoes Series Comes Out, Highlighting Military Style.
- DIY life | HUMAN MADE X Verdy Jointly Published "Harajuku Day Festival" Series
- Shoe Market | New Brun X Slam Jam Joint 990V3 Shoes To Open Pre-Sale, Only 89 Pairs.
- Bullshit | Champion X Dr. Seuss 2019 Joint Capsule Series Released, Full Of Children'S Fun.
- Cutting System In Footwear Industry Enters A New Era
- Ministry Of Commerce: China'S Foreign Trade Environment Is Still Grim And Complicated.
- China'S Banking Social Responsibility Report Released
- Foreign Trade Clothing Purchase Way
- International Patent Fee
- Workplace Changed From "Obedient Girl" To "Daring Girl".
- OL Summer Bright And Refreshing Through Big Search
- Excellent Teacher Career Planning
- Be A Popular Good Colleague.
- Smile And Get Along With Others