News 1: Six year anniversary for EasyBuild exporting business.
After six years explore develop in exporting business for PVC foam board, ACP and cast acrylic sheet... EasyBuild has a right and bright future to continue to expand our market and influence on the whole world market.
And six years anniversary will also be a new beginning for our whole crew members, enhance our product’s quality and production, win-win cooperation between us and customers, every colleague can enjoy work and enjoy life.
News 2: Roller coaster in raw material - PVC resin
According to the data monitored by the business agency (calcium carbide method SG8 ex-factory average price), on October 29, the domestic mainstream PVC average price was 11,500 RMB/ton, down 17.43% from the beginning of the week, down 18.17% from the beginning of the month, and up 45.22% from the same period last year.
The PVC market fell sharply this week, with a decline of about 17%. The daily decline of enterprises was about 500 RMB/ton, and the price was mostly hovering around 11,000 RMB. PVC futures continued to fall. Although there was a rebound, it was difficult to change the overall situation. The spot market Prices continue to fall, and the profits of PVC companies have been damaged. The price of raw calcium carbide has fallen to around 7,200 RMB/ton. The cost support has declined. The industry has a negative attitude and market prices are relatively chaotic. There are mostly single discussions, but downstream purchases are still cautious and continue. Maintaining just-needed purchases, market pessimism is overwhelming, and holders have a strong intention to make profit shipments, and their focus is rapidly shifting downwards. In terms of spot, the current domestic PVC8 calcium carbide materials companies are mostly in the range of 11000-12500 RMB/ton.
Last about one month crazy raw material price rising, it finally starts to reduce in last few days. And tends to a stable and normal level, still needs to care about the near future current market price.
And in near future, it can be a good time point for customers to arrange their new orders.
News 3: Roller coaster in raw material - PVC resin
Even though the high rising raw material price, high sea freight and electric power limitation in China, we still keep manufacturing and shipment, few influence on our factory, and recovered well after few days.
