The market analysis of PVC resin in China now

Products: in October, the high price of raw materials, cracking C5 cost push, manufacturers increase, at the same time substitute rosin resin(PVC Resin K67,PVC Resin SG5) prices high, traders said preferred petroleum resin. Then enter the amount of season petroleum resin, traders stocking in advance, to stimulate the factory orders increased, due to market petroleum resin to languish for six months, manufacturers price psychological urgently, the market turnover has shifted upward. After the National Day holidays, the rigid demand, refinery to perform a new round of price, in the range of 500-800 yuan / ton, refineries have parking,manufacturers in the low inventory, multi order state, steady price. The export market showed a steady growth trend, in September the petroleum resin exports 8132.565 tons, an increase of 3.33%, exports amounted to $15079555, an increase of 1.31%. As of late October, domestic 5#C5 petroleum resin mainstream price in 14000 yuan / ton near.
Industry chain: the smooth operation of upstream C5 overall, but greater downward pressure, having a lower may. Downstream road marking paint, adhesive stable demand, especially the road marking paint was better than in previous months, supporting the good petroleum resin market.
Three, market outlook
At present the market return high petroleum resin-PVC Resin, to enter the office, the demand to support the market, petroleum resin analyst Hu Qifeng thinks, petroleum resin, the recent high dimensional stability.

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