ChemPriceHub Important Notice: Qilu Petrochemical's PVC Plant Operates at Reduced Capacity

On January 6, Qilu Petrochemical's PVC plant reduced its operating load, with the current operating rate at approximately 50%. The main production grade is S1000, quoted at 4,670 yuan/ton, while S700 is quoted at 4,730 yuan/ton. The manufacturer's PVC production capacity is 360,000 tons. PriceSeek's analysis of PVC indicates a long-short score of 1.5. The reduction in operating load at Qilu Petrochemical's PVC plant, with the operating rate dropping to 50%, has led to a significant decrease in supply. It is expected that spot prices will rise. Reason: The decline in capacity utilization directly results in tighter market supply. With stable demand, the supply-demand relationship is tightening, which is favorable for spot prices.