Introduction
In 2021, the new capacity of PVC paste resin increased by 7.72% compared with last year, but the output was 1043900 tons, a decrease of 2.13% compared with 2020.
The production capacity of Inner Mongolia Donghui Chemical Co., Ltd. was increased by 10000 tons in early November, of which the production capacity of Shanlang Chemical Co., Ltd. was increased by 10000 tons in early March 2021. Affected by the market situation, raw material supply and other factors, some enterprises originally planned to increase production capacity in 2021 and have delayed production plans. Therefore, the total production capacity will reach 1.535 million tons in 2021, an increase of 110000 tons over 2020, an increase of 7.72%.
In 2021, the new production capacity was 110000 tons, but the output was 1043900 tons, a decrease of 2.13% compared with that in 2020. The main reason is that the tight supply of raw calcium carbide caused the decline of the operating load of PVC paste resin industry in part of the second half of the year. The average monthly output in 2021 is 87000 tons, a decrease of 19000 tons compared with that in 2020. In the first half of the year, the monthly output fluctuated slightly. From May to June, due to the centralized maintenance of some units, the output decreased slightly, but the output decreased significantly in the third quarter. In particular, the output in July was only 61100 tons, which was the lowest monthly output of the year. The main reason was that the operating load rate of most enterprises fell in July due to the continuous rise in the price of raw calcium carbide and tight supply, Even some enterprises temporarily shut down their installations, and the average operating load rate in July was only 44.83%; Affected by the tight supply of raw materials and weak demand in some time periods in the second half of the year, the monthly output in the second half of the year continued to maintain a low level, and the average operating load in the second half of the year was 51.76%.
The overhaul time of PVC paste resin manufacturers in China in 2021 is mostly in the second and third quarters. Among them, maintenance enterprises are relatively concentrated from May to June, followed by July to September. In July, some PVC paste enterprises temporarily shut down due to the tight supply of raw calcium carbide and high cost. According to the statistics of Zhuo Chuang information, including long-term shutdown enterprises, the maintenance loss in 2021 is 301600 tons, of which the impact of long-term shutdown enterprises is about 158300 tons.
If the planned new production capacity can be put into operation as scheduled in 2022, the total production capacity may be increased to 1.615 million tons. China's PVC paste resin industry may still have oversupply, but we still need to pay attention to the change of raw calcium carbide supply. It is estimated that the output may be increased to 1.18 million tons in 2022.
During the Spring Festival, 80% of the PVC paste resin plant (140000 tons / year) of Shandong Langhui Petrochemical Co., Ltd. was started. The phase I plant produces lf-71g and phase II lf-51l. It is expected to reduce the load after the Spring Festival.
The daily output of the PVC paste resin plant (80000 tons / year) of Tangshan Sanyou Group Co., Ltd. is 100 tons, and the gloves are produced in large quantities. It is expected that the load may be reduced after the festival.
The daily output of PVC paste resin plant (40000 tons / year) of Jining Zhongyin electrochemical Co., Ltd. is 50 tons p440, and the load may be reduced in the environmental protection inspection next month.
Other enterprises have no impact of environmental protection inspection, and the commencement continues the situation before the festival.
Before the festival, the operating rate of PVC paste resin industry was 61.83%. If the environmental protection inspection in Shandong and Hebei was upgraded after the festival, enterprises may have a decline in operation. It is expected that the industry operation will decline and the market supply pressure will be reduced.
In terms of downstream construction, the leather materials in South China will resume work after the tenth day of the first month. The orders of glove factories in Shandong and Hebei from February to March are OK, and the price is expected to rise.
