The price of PVC resin has declined recently.
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Following a market situation that occurs only once every few years, during which the price of PVC resin rose, prices began to fall since December.
The New Year is approaching, and with prices keeping rising like this, how can businesses in the downstream sector survive? That’s the economic situation; if the economy recovers fully, things might be able to continue as before! I hope the PVC industry can still be profitable next year; many factories have already suffered huge losses! !
It is normal to have profits at both the upstream and downstream levels; focusing solely on maximizing one’s own profits leads to the downfall of the entire industry and cannot sustain in the long term. A profit margin of around 15% is sufficient to indicate that it is a good project or product, in my opinion