Analysis of Import and Export Data of PVC Paste Resin in China in the First Half of the Year

According to the latest statistics from customs, in June 2023, China imported 6000 tons of PVC paste resin, an increase of 8.8% month on month and a decrease of 3.2% year on year; Exports for the month amounted to 13000 tons, a decrease of 1.0% month on month and a year-on-year increase of 29.8%. From January to June 2023, China imported a total of 30000 tons of PVC paste resin, a decrease of 20.6% compared to the same period last year; Accumulated exports amounted to 78000 tons, an increase of 65.7% compared to the same period last year. The data shows that the import and export quantity of PVC paste resin in China in June has not changed much compared to the previous month. The production of large batches of PVC paste resin and PVC paste resin glove materials in downstream China has remained low, and more imported goods are purchased according to demand; The situation of enterprise export orders is relatively ideal, and the subsequent export volume will remain relatively high.

According to the statistics of import sources, from January to June 2023, China's PVC paste resin powder mainly comes from Taiwan, China, Germany and Thailand, accounting for 34.9%, 19.5% and 15.6% respectively. According to export destination statistics, PVC paste resin produced in China is currently mainly sold to Russia, India, and Pakistan, with export volumes accounting for 55.5%, 15.7%, and 4.2%, respectively.

Since July, due to the unstable operation of domestic PVC paste resin production enterprises, the supply of goods has decreased, and the market supply and demand relationship has been improved. The focus of the PVC paste resin market is mainly on the market. Domestic calcium carbide prices quickly rebounded after mid July, and the ethylene market in Northeast Asia has also slightly improved. The cost support for PVC paste resin has increased, and production enterprises have actively adjusted their prices under low shipping pressure. Many enterprises have achieved a turnaround. However, it is still important to note that as major production enterprises end maintenance and resume production, the supply of PVC paste resin in the domestic market will steadily increase, and changes in downstream product manufacturers' operations will still be the main factor restricting market trends.