Analysis of domestic PVC market this week (6.19-6.23)

According to the monitoring data of the cable network, the spot price of the PVC market this week showed a slight decline
.
The average price of PVC spot at the beginning of the week was 5886 yuan / ton, and the weekend price was 5850 yuan / ton, down 36 yuan / ton, or 0.
61%.

This week's merchant procurement demand is not as good as last week, and the overall market transaction situation is not good
.

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

According to statistics, the commodity supply and demand index last month was -0.
19, with an increase of -1.
01%, reflecting that this month's manufacturing economy was in a state of contraction compared with the previous month, and the economy was running
smoothly.

In terms of the upstream market, the domestic calcium carbide market is consolidated, regional prices are stable, and downstream arrivals are still unbalanced
.
The prices of upstream ethylene and calcium carbide are stable, and the support for PVC is general.

The downstream maintains rigid demand, merchants' willingness to purchase is weak, and the supply and demand side is stable
.

Spot market: PVC producer prices fell
slightly this week.
SG-5 pre-tax mainstream transaction in North China was 5400-5480 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 6000-6050 yuan / ton
.

Future market forecast: this week's domestic PVC market quotation is lower, downstream demand is stable, procurement enthusiasm is not high
.
The merchant mentality of the spot market is seriously bearish, and traders in East China and South China continue to make profits and
shipments.
The PVC market is expected to remain weak
next week.