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Trade Service
According to the monitoring data of the cable network, this week, the spot price performance of the PVC market fluctuated upward
.
The average price of PVC spot at the beginning of the week was 6324 yuan / ton, and the weekend price was 6334 yuan / ton, up 10 yuan / ton, an increase of 0.
16%.
This week, merchants shipped positively, the overall market atmosphere was better, the transaction situation was more ideal, and the trading atmosphere was upward compared with last week
.
The reasons for the increase in prices in the PVC market this week are analyzed as follows:
On a macro front, this week, data released by the U.
S.
Department of Commerce on January 19 showed that housing starts in the United States surged 11.
3% month-on-month to 1.
226 million in December, better than the expected 1.
188 million and the previous value of 1.
09 million
.
The data shows that the US housing market continues to recover, which will help the economic growth
in 2017.
Domestically, the national economy made a good start in the "13th Five-Year Plan" in 2016, with the total economic volume reaching 74 trillion yuan; GDP for the whole year increased by 6.
7% year-on-year, and GDP in the first, second, third and fourth quarters increased by 6.
7%, 6.
7%, 6.
7% and 6.
8%
year-on-year, respectively.
At present, PVC market prices are supported by rising factors, and PVC fundamentals have risen
slightly.
In terms of the upstream market, this week, in terms of raw materials, calcium carbide demand is stable, enterprise shipments are normal, and individual shipments are not as good as in the previous period
.
Factory price of calcium carbide in various places: 2600-2650 yuan / ton in Wuhai and Ordos areas of Inner Mongolia; Ningxia Shizuishan area 2600-2650 yuan / ton; Zhongwei area 2650-2700 yuan / ton; Shaanxi 2650 yuan/ton; Gansu area 2750-2800 yuan / ton
.
Spot market: This week, calcium carbide PVC manufacturers shipped at high prices
.
Type 5 ordinary calcium carbide around the surrounding mainstream acceptance factory in Inner Mongolia area 6000-6100 yuan / ton; The mainstream acceptance factory in Shandong is 6600-6700 yuan / ton; The mainstream factory in Hebei is about 6600 yuan / ton acceptance; The mainstream factory in Shanxi is 6900 yuan / ton acceptance
.
Domestic ethylene PVC enterprises as a whole are mostly stable for the time being
.
At present, Qilu Petrochemical, Tianjin Dagu and LG Dagu in North China are shipped to 7800-7900 yuan / ton, East China is delivered to 7900-8000 yuan / ton, and Taiwan Formosa Plastics quoted in December to 970 US dollars / ton CFR China's main port
.
Future market forecast: This week, the domestic PVC market performance is relatively stable, some low-end prices disappeared, manufacturers and traders stick to the price increase results
.
The pre-holiday stocking of end customers has ended one after another, and the actual transaction of the market has decreased, but the blind price reduction has been difficult to stimulate the downstream pick-up, and the market transaction center has remained at the level
after the rise.
In terms of ethylene PVC, manufacturers have a strong willingness to raise prices, and the market transaction center is
deadlocked.
It is expected that in the short term, the PVC market will be sideways
.
