On April 3, the price of PVC Type 5 at Siping Shenghua's electric stone factory was reported at 6,100 yuan per ton, with production operating at around 40%. In Wuhu, Melt Chemical also reported a price of 6,500 yuan per ton for PVC Type 5, with operations running at 4–5% capacity. Meanwhile, in Liaoning, Jin's PVC Type 5 electric stone factory was quoted at 6,200 yuan per ton, with equipment utilization at approximately 50%.
Looking back at the market trends, on April 2, the plastics index stood at 962 points, up by 4 points from the previous day. This marked a 7.05% decline from the cycle high of 1,035 points recorded on December 27, 2012, and a 2.56% increase compared to the low of 943 points on July 1, 2012. (Note: The cycle is defined as from December 1, 2011, to the present.)
Additionally, the PVC commodity index on April 2 remained unchanged at 78.99, matching the previous day’s level. It was still 21.01% below the cycle peak of 100.00 points set on September 5, 2011, but had risen slightly by 0.46% from the lowest point of 78.63 recorded on March 26, 2014. (Note: The cycle here refers to data from September 1, 2011, onward.)
The PVC market continues to show signs of stagnation, with prices remaining relatively stable despite fluctuating demand and supply conditions. Industry observers suggest that this period of stability may be temporary, as ongoing economic factors and raw material costs could influence future price movements.
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