Since the beginning of this year, the PC market seems to have been stuck in a low-pressure atmosphere for a long time, unable to extricate itself. Taking the price of WY-111BR at Lihuayi Weiyuan China Plastics City as an example, the current quotation is 10,700 yuan/ton, which is 400 yuan/ton lower than that at the beginning of August and 2,800 yuan/ton lower than the same period last year, hitting a historical low. The overall performance of the PC market in August was characterized by high supply, falling prices, low demand, showing an obvious pattern of imbalance between supply and demand. Can the PC market reverse its decline in the golden month of September?

At present, the global plastic recycling market is undergoing profound changes. The US r-PET market is showing an extremely strong demand, and in sharp contrast, the supply from Asia has fallen into a restricted predicament.

Recently, the dynamics of the PVC material market have attracted much attention from the industry. From the supply side, domestic PVC production capacity continues to rise, reaching 27.86 million tons by the end of 2024, an increase of 2.2% compared to the previous year. Since the end of January, the operating rate of the equipment has been at a high level. Even with some equipment maintenance, the weekly production of PVC in China last week was still 473900 tons. The production in January reached 2.0963 million tons, with both month on month and year-on-year growth.