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China PVC price analysis

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Product Name: PVC Resin

Other Name: Polyvinyl Chloride Resin

Appearance: White Powder

K value: 65-67

Grades -Formosa ( Formolon) / Lg ls 100h / Reliance 6701 / Cgpc H66 / Opc S107 / Inovyn/ Finolex / Indonesia / Phillipine / Kaneka s10001t etc…

HS Code: 3904109001

 


Product Detail

Product Tags

China PVC price analysis,
China’s PVC FOB price, Formosa pvc, PVC market, PVC pricing,

In 2022, the supply of global PVC market will become sufficient; Since 2020, as the world’s largest exporter – the United States, under the influence of floods and cold waves, its domestic PVC production loss was as high as 40%. In the fourth quarter of 2021, a number of force majeure and the impact of the device have been eliminated, the supply capacity recovery.

During the period of 2020-2021, thanks to the opportunity brought by the EXPORT gap in the United States, a large number of PVC in China ushered in a good arbitrage space, and the export volume continued to increase. In 2021, it reached a record high of more than 175 tons. In 2022, with the recovery of global supply, the export pressure of PVC in China increased.

From the perspective of the export price of Taiwan, the main export region in Asia, PVC export price of Taiwan began to rise since the fourth quarter of 2020, and continued to reach the highest price in history in November 2021. However, in 2022, although prices remain high, prices in the traditional peak season are falling, but they rose in April. Global energy prices are high, which brings the most direct support to the higher prices in March and April.

In the Asian market, the traditional PVC pricing mainly refers to the quotation of Formosa Plastics, China. However, with the influence of China’s PVC export volume in the past two years, the pricing power of China’s export price is also increasing. In general, Formosa Plastics monthly pre-sale quotation, in addition to paying attention to the demand of the Indian market, in recent years, the export price of the mainland as an important reference, and as the price difference, many times verified the adjustment space of Formosa Plastics quotation of China; Based on multiple data models, we believe that this week, China Taiwan Formosa Plastics June PVC presold quotation is expected to continue to decrease $100-150 / ton FOB compared with May.

S-1000 polyvinyl chloride resin is produced by suspension polymerization process using vinyl chloride monomer as raw material. It is a kind of polymer compound with a relative density of 1.35 ~ 1.40. Its melting point is about 70 ~ 85℃. Poor thermal stability and light resistance, over 100℃ or long time under the sun hydrogen chloride begins to decompose, plastic manufacturing needs to add stabilizers. The product should be stored in a dry and ventilated warehouse. According to the amount of plasticizer, the plastic softness can be adjusted, and the paste resin can be obtained by emulsion polymerization.

Grade S-1000 can be used to produce soft film, sheet, manmade leather, piping, shaped bar, bellow, cable protection piping, packing film, sole and other soft sundry goods. 

Parameters

Grade PVC S-1000 Remarks
Item Guarantee value Test method
Average polymerization degree 970-1070 GB/T 5761,Appendix A K value 65-67
Apparent density, g/ml 0.48-0.58 Q/SH3055.77-2006, Appendix B
Volatiles content (water included), %,    ≤ 0.30 Q/SH3055.77-2006, Appendix C
Plasticiser absorption of 100g resin, g,   ≥ 20 Q/SH3055.77-2006, Appendix D
VCM residue, mg/kg                               ≤ 5 GB/T 4615-1987
Screenings % 2.0  2.0 Method 1: GB/T 5761, Appendix B
Method 2: Q/SH3055.77-2006,
Appendix A
95  95
Fisheye number, No./400cm2,                   ≤ 20 Q/SH3055.77-2006, Appendix E
Number of impurity particles, No.,           ≤ 16 GB/T 9348-1988
Whiteness (160ºC, 10minutes later), %,  ≥ 78 GB/T 15595-95

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