The hottest imported resin impacts the Chinese mar

  • Detail

The impact of imported resin on the Chinese market, anti-dumping protection is in vain

with the weakening of the overall chemical market, the market price of imported PVC fell sharply in 2008. By the end of October, the transaction price had bottomed out to $580-610/ton, which was more than 50% lower than the transaction price of $880-890/ton in September. The huge price surplus increases the possibility of importing PVC resin in general trade, and the anti-dumping protective measures taken by the Chinese government are gradually ineffective

the import tariff of 6.5% and the value-added tax of 17% are calculated at the price of 580-610 US dollars/ton, which is equivalent to 4936-5191 yuan/ton of the total tax. Therefore, Thai and Indonesian suppliers have not been listed in the list of anti-dumping objects, so they naturally have the advantage of entering China's domestic trade market

to take a step back, even with punitive tariffs of different ranges, some suppliers' sources of goods can fully enter the Chinese market in the form of full tax. With the continuous decline of import prices, in theory, the so-called punitive tariff barriers have or will not have a restrictive effect on the supply of several suppliers, including Japan ocean and LG Chemical. In addition, considering that most import suppliers can accept usance letters of credit, and considering the space for subsequent price decline, the source of imported goods has obtained the possibility of re entering the Chinese market with general trade

"profit seeking" is the trend of capital, so China's PVC market returns to the time from 2001 to 2002. Traders and PVC products enterprises have "defected" to import suppliers. Due to the existence of anti-dumping tariffs in different proportions in the sources of goods from Japan and South Korea, the goods from Thailand, India and Indonesia that have not been anti-dumping have become "hot cakes", and a large number of market participants have flocked to them. Due to the limited quantity of these goods and the fact that most suppliers have fixed sales channels, most people can only "come on the high side and return on the low side". A few lucky people are pre sold according to the cost of arrival. Considering the price decline caused by the arrival time, it is conservatively estimated that the profit per ton is at least 200-300 yuan

in addition, due to the reduction of the number of deep processing carried forward sales by several ethylene plants, the sales focus was placed on the domestic trade market, which also contributed to the large-scale transaction of imported goods. The increase in demand in the imported PVC market is a relatively normal result

the import data released by the Chinese customs clearly proves the sharp increase in the number of imported PVC. In October, 2008, after the import of PVC fell to the bottom of 38300 tons, there was a huge increase in the following months: General principles of cross linked polyethylene (PE-X) piping system for cold and hot water gb/t 18992.1-2003, and the import volume reached 121000 tons in December, 2008

in 2009, the import volume of PVC increased month by month again, and the import volume soared to 195000 tons and 213000 tons in February and March 2009. In the first quarter of 2009, China's total PVC imports reached 531100 tons, an increase of 147.58% over the same period in 2008

among all imported PVC, the amount of resin that is easy to be imported in general trade, that is, after each power on, has increased significantly, nearly half of the imported amount in February 2009, and 50% of the imported amount in March. In March, China's actual output was 710000 tons, so the source of imported goods has accounted for 22% of the total demand in the Chinese market

note: improve the communication mechanism between government and enterprises: the reprinted contents are indicated with the source. The reprint is for the purpose of transmitting more information and the environmental protection performance of Pu Stadium: it does not mean to agree with their views or confirm the authenticity of their contents

Copyright © 2011 JIN SHI