Recently, PVC resin price in Chinese market has been rising and it seems that there is no sign of the ending.
Reasons of rising price of PVC resin.
Transportation. The past few months witnessed a 35%-50% price rising of transportation cost.
Inspection of environmental protection. The authority is taking annual inspection of environmental protection. Every year, many factories are forced to stop production so as to accpet the inspection. This year, the PVC industry is listed as one of the inspection targets.
Cost the raw materials. Almost every kinds of relevant metrials went up in the past few months.
Increased demand. In Chinese market, every September and October are always the peak period.
Now you see what is going on here.
Recent market information listed as below:
Shanxi Yushe, 6550 RMB/Ton.
Qilu Petro, S-1000 6850 RMB/Ton.
Sichuan Huarong, 6800 RMB/Ton.
Henan Jiyuan, 6900 RMB/Ton.