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    Home > Chemicals Industry > New Chemical Materials > Analysis of domestic PVC market this week (7.11-7.15)

    Analysis of domestic PVC market this week (7.11-7.15)

    • Last Update: 2022-12-02
    • Source: Internet
    • Author: User
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    According to the monitoring data of the cable network, this week, the spot price performance of the PVC market closed slightly lower
    .
    The average price of PVC spot at the beginning of the week was 5376 yuan / ton, and the weekend price was 5368 yuan / ton, down 8 yuan / ton, down 0.
    15%.

    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
    .

    PVC

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

    On the macro front, this week, the news of the coup d'état in Turkey has turned the market risk-aversion
    .
    At the same time, the slowdown in global trade has been more severe than previously expected, as global trade volumes have stagnated at high levels for the past 18 months due to the rise of protectionism
    .
    Domestically, in June, the ex-factory price of industrial producers nationwide fell by 0.
    2% month-on-month and 2.
    6%
    year-on-year.
    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, the price of calcium carbide market this week is narrowly sorted, subject to the impact of the contradiction between supply and demand, individual enterprises slightly lower the price and adjust flexibly, of which the factory price quotation of mainstream manufacturers in Shaanxi is about 2200-2250 yuan / ton, the factory quotation in Inner Mongolia is about 2100-2150 yuan / ton, and the factory quotation in Ningxia is about 2200-2250 yuan / ton, the actual transaction price is flexible, and the arrival of calcium carbide in various places is acceptable
    .

    Spot market: this week's domestic PVC market volatility sorting, calcium carbide SG-5 East China mainstream quotation of 5600-5700 yuan / ton, flat; The mainstream quotation in South China was 5600-5700 yuan / ton, flat; The mainstream quotation in North China was 5250-5350 yuan / ton, flat; Ethylene Fahua South China Dagu 1000/800/700 reported 5700-5800 yuan / ton; Dagu 1300 model reported 5900 yuan / ton
    .
    East China Qilu material S1000 reported 5670 yuan / ton, S700 reported 5780 yuan / ton, Dagu 1000/800 reported 5650 yuan / ton
    .

    Future market forecast: This week, the PVC physical market trend is volatile and falling
    .
    Fundamentally, in the short term, the early shipment of some areas is excessive, and the inventory is slightly insufficient
    .
    Although the current demand in the PVC downstream market is flat, traders are not shipping well, and the quotation of the domestic spot PVC market has declined; However, the current inventory pressure of enterprises is not large, especially the supply of delivery brands is tight, and there is no inventory or even negative inventory
    .
    Moreover, typhoons and rains affect PVC transportation, South China, Wuhan and other regions are restricted, while the PVC futures market is still at a high level, which has some support for the spot market, and it is expected that the PVC market will hardly have a large space
    for decline in the short term.

     

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