PVC: social inventory decreased by 2.20% month on month and increased by 72.09% year on year

January 7, 2023

TDDchem.com

6054

PVC生产企业产能利用率环比增加0.88%在71.16%，同比减少4.32%；其中电石法环比增加0.67%在68.59%，同比减10.39%，乙烯法环比增加1.64%在80.10%，同比增加16.58%；PVC总产量报39.36万吨，环比增加1.33%，同比下降4.96%。

The capacity utilization rate of PVC manufacturers increased by 0.88% month on month to 71.16%, a year-on-year decrease of 4.32%; Among them, calcium carbide PVC increased by 0.67% month on month to 68.59%, down 10.39% year on year; ethylene PVC increased by 1.64% month on month to 80.10%, up 16.58% year on year; The total output of PVC was 393600 tons, up 1.33% month on month and down 4.96% year on year.

本周期多个生产企业开工和产量回升。国内PVC社会库存在24.42万吨，环比减少2.20%，同比增加72.09%；其中华东地区在19.42万吨，环比减少2.75%，同比增加76.55%；华南地区在5万吨，环比减少0.00%，同比增加56.74%。

In this cycle, several pvc manufacturers rebounded their operation and output. The domestic social inventory of PVC was 244200 tons, decreasing by 2.20% month on month and increasing by 72.09% year on year; In East China, 194200 tons, a month on month decrease of 2.75% and a year-on-year increase of 76.55%; South China reached 50000 tons, a month on month decrease of 0.00% and a year-on-year increase of 56.74%.

周内下游pvc企业刚需采购为主，订单跟进有限，pvc库存受到上游到货不畅的影响总体呈现下跌趋势。中国PVC东部电石法企业生产成本在6583元/吨，环比下降6.08%；毛利约为-483元/吨，环比增加476元/吨；乙烯法（外采氯乙烯企业样本）成本报6200元/吨，较上周持平；毛利约为5元/吨，较上周增加50元/吨。

Within the week, the downstream pvc enterprises purchase mainly depend on their demand, and the order follow-up is limited. The pvc inventory shows a downward trend due to the impact of poor upstream arrival. The production cost of calcium carbide enterprises in eastern China was 6583 yuan/ton, down 6.08% month on month; Gross profit is about - 483 yuan/ton, an increase of 476 yuan/ton month on month; The cost of ethylene method (sample of externally sourced vinyl chloride enterprises) was reported at 6200 yuan/ton, unchanged from last week; Gross profit is about 5 yuan/ton, 50 yuan/ton more than last week.

PVC生产成本受原料电石价格下调叠加液氯价格到铁较多的影响，本周PVC生产企业成本下降明显，利润回升。

The PVC production cost is affected by the reduction of raw material calcium carbide price and the increase of liquid chlorine price to more iron. This week, the cost of PVC manufacturers dropped significantly, and the profit rebounded.

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