Group 1 - The domestic PVC powder market price has slightly decreased, with futures experiencing fluctuations and a mix of point pricing and fixed pricing, leading to general transaction activity [1] - The overall operating rate for PVC powder this week is 78.85%, an increase of 1.37 percentage points from last week, with the calcium carbide method at 82.21% and the ethylene method at 71.12% [2] - As of November 27, the inventory of PVC production enterprises in China has a production capacity of 5.35 days, reflecting a 0.94% increase, indicating a slight rise in upstream supply amid weak seasonal demand [2] Group 2 - Recent news indicates that Westlake Chemical in the U.S. has eliminated certain PVC production capacities, which has led to a significant rebound in the market, with expectations for increased exports to alleviate domestic supply pressure [3] - The demand side remains weak, particularly in the traditional off-season from November to January, with reduced outdoor construction in northern regions and a negative impact on overall real estate demand [3] - Despite the cancellation of the PVC BIS certification policy in India, which could benefit domestic exports, the anticipated anti-dumping tax execution may limit significant improvements in external demand [3]
PVC：海外一装置永久关停 引发盘面大幅反弹
Jin Tou Wang·2025-12-17 02:04