Domestic PVC east China market slightly reduced this week, trading gravity than last week fell 80-100 yuan / ton. At present, the east China region inventory than last week, just to maintain the downstream procurement, traders increased pressure on shipments.
01
January 9,2020 national NBR average price of 14,599.99 yuan / ton, yesterday's average price of 15,800 yuan / ton, compared to yesterday's drop of 1200.01 yuan / ton, down 7.6 per cent from yesterday.
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In December 2019, the output of domestic PVC production enterprises was 1,715,360 tons, an increase of 3.45 percent from the previous month and an increase of 2.98 percent from the same period of last year.
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January 7, 2020, rubber price was increased, Indonesia rubber import volume was 180.4 thousands ton, downed by 14.30 percents compared to December 2019 and downed by 17.24 percents year-on-year.
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World demand for rubber is estimated to have fallen 1.5% year-on-year in 2019 to 28.7 million tonnes, new figures from the International Rubber Study Group (IRSG) show.
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The main chain of EPDM rubber is composed of chemically stable saturated hydrocarbons and contains only unsaturated double bonds in the side chain, so it is basically a kind of saturated rubber.
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In China,Cumulative imports from January to October 2019 were 185,000 tonnes, down 4.64 per cent from EPDM rubber. In terms of the supply structure, the EPDM rubber still accounts for 56% of the EPDM rubber supply.
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Currently, trade frictions between China and United states are showing signs of easing, which is relatively beneficial to the export of tyres and other rubber products in future
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In 2019, China PVC market is volatile, according to 100ppi website showed report, at the beginning of 2019, PVC prevailing price was 6575 yuan/ton, on December 24, PVC prevailing price was 6987.5 yuan/ton, raising up 412.5 yuan/ton, up by 6.27%.
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