SCAC(SH:600618) Xin Lang Cai Jing·2025-12-14 12:28Core Insights - The article predicts the supply-demand relationship for key chlor-alkali products, caustic soda and PVC, from 2026 to 2028 under different market scenarios [1] Group 1: Optimistic Scenario - In an optimistic scenario, there will be a significant supply shortage of caustic soda [1] - The supply-demand gap for PVC will be relatively small in this scenario [1] Group 2: Pessimistic Scenario - In a pessimistic scenario, there will be a slight oversupply of caustic soda [1] - PVC is expected to continue facing significant oversupply [1] Group 3: Industry Challenges - The chlor-alkali industry in China urgently needs to address the structural issue of "caustic-chlorine balance" [1] - There is a pressing need to accelerate the "capacity restructuring" strategy in light of the high probability of PVC capacity oversupply [1]