Home > Information > News

[PVC Daily Review] Weak Supply and Demand, PVC Remains Stable During the Day

Longzhong 2025-09-17 16:49:58

1. Today's Summary

① Domestic PVC manufacturers have partially raised ex-factory prices by approximately 30-50 yuan per ton.

② Zhenyang units resumed operation within the week; Jinchuan and Beiyuan units underwent maintenance; Yanhua Magnesium units resumed operation; Yinglite partially shut down some units for maintenance on the 18th; Liancheng temporarily halted operations. 。

Jiajiaxingcheng will conduct a test run, and Yaowang will conduct a test run within the month.

2 Spot Market Overview

Based on the Changzhou market in East China, today's cash ex-warehouse price for acetylene-based PVC type 5 in East China is 4,790 yuan/ton, remaining stable compared with the previous trading day. 。

The domestic PVC spot market has stabilized with fluctuations, with transactions mainly at fixed prices. The market prices are fluctuating weakly within a range, and both supply and demand fundamentals are weak. The enthusiasm for procurement from end-users is lacking. In the East China region, the calcium carbide method for Type 5 cash on delivery is priced at 4720-4800 RMB/ton, while the ethylene method is priced at 4850-5100 RMB/ton.

Figure 1 Domestic PVC Price Trend (Unit: Yuan/Ton)	Figure 2 Domestic PVC Price Trends in Various Regions (Unit: Yuan/Ton)

Data Source: Longzhong Information	Data source: Longzhong Information

3. Futures-Spot Basis

Table 2 Main Delivery Location Basis (Yuan/Ton)

Region	Previous trading day	Today	Rise and fall	Month-on-month
East China (Contract 01)	-180	-180	0	0%
Data source: Longzhong Information

The PVC basis for the January contract in the East China region is in the -100/-250 range, with the market primarily operating on a fixed-price basis.

4. Production Status

Table 3 PVC List of Maintenance Equipment

Company Name	Process	Capacity: 10,000 tons	Remarks	Equipment change	Recovery Plan
Taishan Salt Chemical	Carbide method	10	Parking	2022 September 29	Pending
Shandong Dongyue	Calcium Carbide Method	13	Parking	2023 March 25, 20XX	To be determined
Wuhai Chemical	Calcium carbide method	40	Parking	2023 July 23rd	To be determined
Gansu Jinchuan Xinrong	Calcium Carbide Method	20	Parking	2023 July 12, [year]	To be determined
Cangzhou Julong	Ethylene method	52	Parking	2024 September 20, [year]	Pending
Suzhou Huasu	Ethylene Method	13	Parking	2025 April 26th	Pending
Zhenyang Development	Vinyl method	30	Breakdown Parking	2025 August 19, Year	Pending
Zhongtai Shengxiong	Calcium carbide process	55	Saint Hero Maintenance	2025 September 15, 2023	2025 September 23, 2024
Shaanxi Beiyuan	Calcium carbide method	75	Rotational rest	2025 September 10, 2024	2025 September 17th
Shaanxi Beiyuan	Calcium Carbide Method	50	Rotational rest	2025 September 20, 2024	2025 September 26, Year
Gansu Jinchuan	Carbide method	30	Maintenance	2025 September 10th	2025 September 20, 2024
Ningxia Yinglite	Carbide method	13	Maintenance	2025 September 18th	2025 September 23, [year]
Heilongjiang Haohua	Calcium carbide method	25	Maintenance	2025 September 17, 20xx	2025 September 20th
Haohua Aerospace	Calcium carbide process	20	9 Mid-month maintenance for one week.	2025 September 16th	2025 September 23, 2023
Taizhou Liancheng	Ethylene process	60	Power grid maintenance	2025 September 17, Year	2025 September 22, [year]
Shanxi Ruiheng	Calcium Carbide Method	20	Factory 1 maintenance for one week
Inner Mongolia Junzheng	Calcium Carbide Method	36	Mengxi Plant Maintenance
Hangjin	Calcium carbide method	4	Maintenance	2025 October 20th	2025 October 30, [year]
Lutai Chemical	Carbide method	37	10 Monthly Maintenance
Inner Mongolia Yili	Calcium carbide method	50	Planned Maintenance
Shandong Xinfang	Calcium Carbide Method	75	10 End of the month to November maintenance

Salt Lake Magnesium's facility is back in operation, and Dongcao plans maintenance in October.

Figure 4 Domestic PVC Maintenance Loss and Price Linkage Trend Chart	Figure 5 Comparison of PVC Capacity Utilization Rate and Price

Data Source: Longzhong Information	Source of data: Longzhong Information

5. Price Prediction

Macroeconomic expectations have been underperforming, and abnormal fluctuations in supply and demand in the black sector have slightly affected market prices. Overall, support has weakened. The PVC spot market remains stalemated; supply decreased during the week due to maintenance, while demand has not continuously improved. Export sentiment remains cautious, and price competition poses resistance. Inventory accumulation in the industry has continued to slow down during the week. In the short term, spot supply and demand remain stalemated, and the impact of macroeconomic expectations is diminishing. PVC is expected to maintain a weak oscillation within a range. It is forecasted that the East China region's calcium carbide-based five-type cash warehouse price will be in the range of 4680-4850 RMB/ton.

6. Related Products

Calcium carbide ： The mainstream trading price of calcium carbide in the Wuhai region has been increased by 50 yuan/ton to 2550 yuan/ton.

Ethylene The estimated CFR China price for ethylene at ports is around $840-860/ton. Due to tight supply, market prices continue to rise. 。

7. Data Calendar

Table 4 PVC Data Calendar Overview

Data	Release Date	Previous data	Trend Forecast
PVC utilization rate	Thursday 5:30 PM	79.94%	↘
Weekly PVC Production	Thursday 5:00 PM	47.88	↘
PVC production enterprise factory inventory	Thursday 5:00 PM	See data terminal	↗
PVC Third-Party Social Inventory	Thursday 5:00 PM	93.42	↗
Export Volume of PVC Manufacturing Enterprises	Friday 12:00 AM	See data terminal	↘
PVC downstream product enterprises' operating rate	Friday 5:00 PM	View data terminal	↗
Data Source: Longzhong Information Remarks: 1. Consider significant fluctuations as large swings, highlighting data dimensions with a change exceeding 3%. 2. ↗↘ is regarded as narrow fluctuations, highlighting data with price changes within 0-3%.

【Copyright and Disclaimer】The above information is collected and organized by PlastMatch. The copyright belongs to the original author. This article is reprinted for the purpose of providing more information, and it does not imply that PlastMatch endorses the views expressed in the article or guarantees its accuracy. If there are any errors in the source attribution or if your legitimate rights have been infringed, please contact us, and we will promptly correct or remove the content. If other media, websites, or individuals use the aforementioned content, they must clearly indicate the original source and origin of the work and assume legal responsibility on their own.

[PVC Daily Review] Weak Supply and Demand, PVC Remains Stable During the Day

Most Popular