2026/06/16
On June 12, 2026, the benchmark PVC futures contract surged higher before retreating, closing up 0.94 at 4,741 yuan/ton. Meanwhile, spot prices for East China calcium‑carbide‑based PVC have fallen for four consecutive weeks, trading at 4,520–4,650 yuan/ton, while overall industry inventories remain elevated at 1.27 million tons. Weighed down by rising costs, domestic producers of PVC packaging and agricultural films have proactively cut output, driving the national composite film utilization rate down to just 65.83%. Smaller and medium‑sized processing plants are increasingly adopting a just‑in‑time procurement model, further squeezing short‑term profit margins for PVC film.
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