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According to the monitoring data of the cable network, the spot price of the PVC market this week showed a slight increase
.
The average price of PVC spot at the beginning of the week was 6626 yuan / ton, and the weekend price was 6710 yuan / ton, up 84 yuan / ton, or 1.
27%.
This week's merchant procurement demand continued the good trend of last week, and the overall market transaction situation was better
.
The reasons for the increase in prices in the PVC market this week are analyzed as follows:
Macro, according to statistics, the operating profit of retail enterprises in the first half of this year increased by 7.
6% year-on-year, and the recovery trend was prominent
.
In the first half of the year, the GDP was 3.
8149 billion yuan, a year-on-year increase of 6.
9%
at comparable prices.
In terms of quarters, the first quarter increased by 6.
9% year-on-year, and the second quarter increased by 6.
9%.
On the whole, China's economy is stable and improving
.
In the upstream market, the price of ethylene in Asia rose this week, the price of ethylene in Asia rose by $10/ton over the weekend, the price of CFR Northeast Asia was at $1090-1092/ton, and the price of CFR Southeast Asia was $1020-1022/ton
.
Spot market: this week, the domestic PVC market price rose sharply, the futures market rose against the sky, the mentality of spot merchants improved, actively raised prices, upstream PVC production enterprises have no inventory pressure, actively follow up, terminal procurement enthusiasm rises
.
In addition, the news that Xinjiang Yihua has been revoked its safety production license is also a key point
in today's market rally.
The mainstream transaction price of calcium carbide SG-5 in East China market is 7150-7250 yuan / ton; The mainstream transaction price of calcium carbide SG-5 in the South China market is 7120-7250 yuan / ton; The mainstream transaction volume of SG-5 before tax in North China was 6350-6400 yuan / ton
.
Future market forecast: this week's domestic PVC market quotations rose slightly, downstream demand was better than last week, and merchants were more motivated to purchase
.
It is expected that the PVC market will continue its upward trend
next week.
