-
Categories
-
Pharmaceutical Intermediates
-
Active Pharmaceutical Ingredients
-
Food Additives
- Industrial Coatings
- Agrochemicals
- Dyes and Pigments
- Surfactant
- Flavors and Fragrances
- Chemical Reagents
- Catalyst and Auxiliary
- Natural Products
- Inorganic Chemistry
-
Organic Chemistry
-
Biochemical Engineering
- Analytical Chemistry
-
Cosmetic Ingredient
- Water Treatment Chemical
-
Pharmaceutical Intermediates
Promotion
ECHEMI Mall
Wholesale
Weekly Price
Exhibition
News
-
Trade Service
According to the monitoring data of the cable network, the spot price performance of the PVC market this week closed slightly lower
.
The average price of PVC spot at the beginning of the week was 6390 yuan / ton, and the weekend price was 6350 yuan / ton, down 40 yuan / ton, down 0.
623%.
This week's merchant shipments are light, the overall market atmosphere is weak, the transaction situation is not ideal, and the trading atmosphere is lower than last week
.
The reasons for the decline in PVC market prices this week are as follows:
On the macro front, this week, the latest data released by the US Treasury Department showed that the US federal government budget deficit in February was $192 billion, down slightly by 0.
6%
from the same period last year.
Domestically, affected by tail factors, the year-on-year growth rate of CPI fell to 0.
8% in February, far lower than market expectations
.
At present, the price of PVC market is not supported by rising factors, and PVC fundamentals have fallen
slightly.
In terms of the upstream market, this week, the price of raw calcium carbide mainstream areas remained stable, the quotation in some regions was lowered, the arrival of calcium carbide by PVC enterprises was unbalanced, and it still took time to digest the unloading truck, and the company maintained a wait-and-see
for the time being.
The contradiction between supply and demand in the domestic calcium carbide market is still prominent, and the price is in a state of
stalemate.
Ethylene method: EDC: CFR Far East price increased by $10/ton, VCM: CFR Far East price remained unchanged
.
Spot market: Some domestic PVC spot market prices fell
this week.
North China calcium carbide law reported 6260 yuan / ton, down 20; ethylene law reported 6630 yuan / ton, down 40; East China calcium carbide law reported 6310 yuan / ton, down 20
.
South China calcium carbide method reported 6310 yuan / ton, down 40, ethylene method 6850 tons, down 50
.
The price of raw materials was basically flat, East China reported 3,000 yuan, flat, and Northwest reported 2,600 yuan, flat
.
Future market forecast: This week, the PVC physical market trend is volatile and falling
.
Overall, at present, the domestic PVC market has weakened slightly, and the real trading is not good
.
The PVC market in the futures market fluctuated and fell
.
Traders stabilize price shipments, narrow concessions promote transactions, downstream wait-and-see is heavier, and transactions are limited
.
PVC companies are not receiving orders smoothly, and the actual price has also been reduced
.
Prices in East China and North China are basically stable, and slightly higher
in South China.
The fundamentals of supply and demand have not changed much, the supply is relatively sufficient, more stable shipments, price pressure operation, it is expected that the PVC market in the short term is mainly sorted out in a narrow range
.
