Against the backdrop of high price fluctuations in upstream raw materials such as coal and crude oil, the domestic PVC market has recently shown a downward trend. In the first half of this year, the PVC industry trend was sluggish, and the performance of related companies was divided. The industry generally believes that the rise on the cost side has provided bottom support for PVC prices, but the actual constraints of high inventory and weak demand still exist, making it difficult for the market to escape the volatile bottoming trend in the short term. PVC is one of the most produced general-purpose plastics in the world, and is widely used in construction, electricity, packaging materials and medical devices. Among them, demand for pipes and profiles related to real estate and infrastructure accounts for more than 60% of total PVC consumption, making it an important weather vane for observing the domestic real estate and infrastructure boom. In recent years, the domestic PVC industry has experienced a round of structural contraction.

Against the backdrop of high price fluctuations in upstream raw materials such as coal and crude oil, the domestic PVC market has recently shown a downward trend. In the first half of this year, the PVC industry trend was sluggish, and the performance of related companies was divided. The industry generally believes that the rise on the cost side has provided bottom support for PVC prices, but the actual constraints of high inventory and weak demand still exist, making it difficult for the market to escape the volatile bottoming trend in the short term. PVC is one of the most produced general-purpose plastics in the world, and is widely used in construction, electricity, packaging materials and medical devices. Among them, demand for pipes and profiles related to real estate and infrastructure accounts for more than 60% of total PVC consumption, making it an important weather vane for observing the domestic real estate and infrastructure boom. In recent years, the domestic PVC industry has experienced a round of structural contraction.