Analysis of domestic PVC market this week (6.12-6.16)

The reasons for the increase in prices in the PVC market this week are analyzed as follows:

On the macro front, WTI closed up $0.
20, or 0.
44%, at $45.
84 a barrel
.
Brent closed up $0.
29, or 0.
61 percent, at $48.
15 a barrel
.
The favorable crude oil market is conducive to supporting the rise
in PVC market quotations.

In the upstream market, the domestic calcium carbide market price remained weak this week, of which the calcium carbide quotation of Inner Mongolia Shuangxin Chemical Co.
, Ltd.
was 2350 yuan / ton, the price was stable, and the equipment started normally
.
Shaanxi Coal Chemical Group Co.
, Ltd.
calcium carbide quotation 2450 yuan / ton, the quotation is temporarily stable
.

Spot market: PVC producer prices rose
slightly this week.
The overall trend of the domestic PVC market is good, today's futures are sharply higher, driving the trading atmosphere of the spot market to improve, inquiries increase, low-end source shipments are acceptable, high-end goods shipments are not good
.
SG-5 pre-tax mainstream transaction in North China was 5350-5430 yuan / ton; The mainstream transaction price of calcium carbide SG-5 in East China market is 5900-6000 yuan / ton; The mainstream transaction price of calcium carbide SG-5 in the South China market is 5950-6000 yuan / ton
.

Future market forecast: this week's domestic PVC market quotations are good, downstream demand is overall better than last week, and merchants are also actively taking goods
.
It is expected that the PVC market will continue to remain weak
next week.