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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 5680 yuan / ton, and the weekend price was 5650 yuan / ton, down 30 yuan / ton, down 0.
53%.
This week, merchant procurement demand was average, the overall market performance was flat, and the transaction situation was not good
.
The reasons for the decline in PVC market prices this week are as follows:
In 2017, the central environmental inspection team will carry out environmental protection inspections in the remaining 15 provinces, including Sichuan, Shanxi, Shandong, Tianjin, Hainan, Liaoning, Jilin, Zhejiang, Shanghai, Fujian, etc
.
From April, the central environmental inspection team will be stationed in Hunan to carry out environmental inspections of the provincial party committee and provincial government for three months, and the inspections will also be sent to about three prefecture-level cities
.
Therefore, the production of PVC enterprises in these cities will be affected
.
Therefore, the PVC market price is not supported by rising factors for the time being, and the fundamentals of PVC have fallen
slightly.
In terms of the upstream market, the domestic raw material calcium carbide market was mixed this week, and the prices of various regions were flexibly adjusted according to the arrival situation, and the industry was cautious, and it is expected that the domestic calcium carbide market will maintain stable operation
in the short term.
Ethylene market prices in Asia fell
slightly.
CFR Northeast Asia closed unchanged at $1189-1191/mt; CFR Southeast Asia closed down $5/mt at $1059-1061/mt
.
Spot market: Some domestic PVC spot market prices showed a slight lower
price this week.
SG-5 pre-tax mainstream transaction in North China was 5320-5370 yuan / ton; The mainstream transaction price of calcium carbide SG-5 in East China market is 5680-5800 yuan / ton, and the mainstream transaction price of calcium carbide SG-5 in South China market is 5750-5800 yuan/;
。
Future market forecast: PVC spot market maintained its decline this week
.
On the whole, the domestic PVC market is basically stable, spot trading in various places is general, and the domestic market demand momentum is not enough
.
Traders have a general mentality, weak high-price transactions, and stable price
shipments.
The downstream is tepid and growth is less than expected
.
In addition, calcium carbide prices may weaken due to loose coal prices, and there is still room for calcium carbide method adjustment
.
It is expected that the PVC market will remain narrow in
the short term.
