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Trade Service
According to the monitoring data of the cable network, this week, the spot price performance of the PVC market fluctuated upward
.
The average price of PVC spot at the beginning of the week was 5368 yuan / ton, and the weekend price was 5450 yuan / ton, up 82 yuan / ton, down 1.
53%.
This week, merchants shipped positively, the overall market atmosphere was better, the transaction situation was more ideal, and the trading atmosphere was upward compared with last week
.
The reasons for the increase in prices in the PVC market this week are analyzed as follows:
On the macro front, this week, the International Monetary Fund (IMF) expects global economic growth of 3.
1% this year and 3.
4% next year, respectively, and it is worth emphasizing that the IMF raised its forecast for China's economic growth this year by 0.
1 percentage points
.
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, the domestic PVC market fluctuated and sorted, and the mainstream acceptance of calcium carbide type 5 ordinary calcium carbide around the Inner Mongolia area was 5200-5300 yuan / ton; The mainstream acceptance factory in Shandong is 5300-5380 yuan / ton; The mainstream factory in Hebei is 5150-5350 yuan / ton acceptance; The mainstream factory in Shanxi is 5200-5300 yuan / ton acceptance
.
The mainstream price of ethylene enterprises in East China is 5600-5650 yuan / ton
.
Future market forecast: This week, the trend of the PVC physical market is volatile and upward
.
Fundamentally, PVC futures fluctuate at a high level, and the trend of the PVC physical market in the later period should pay attention to the futures market, and the pressure of supply and demand is still large, but the business mentality is better
.
At present, the 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.
