Analysis of domestic PVC market this week (8.14-8.18)

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

In terms of the upstream market, the current distribution of calcium carbide market sources is relatively uneven, and this state will continue in the short term, and it is expected that the calcium carbide market price will maintain the overall consolidation next week, and the pattern of individual flexible adjustment will operate
.

Spot market: PVC producer prices fell
slightly this week.
PVC manufacturers did not ship well, and prices fell
.
Type 5 PVC reference price: the current mainstream acceptance factory in Shandong is 7300-7400 yuan / ton; The acceptance price of PVC enterprises in Inner Mongolia to the north is 7200-7250 yuan / ton; The mainstream factory in Hebei is 7250-7450 yuan / ton acceptance
.
Ethylene enterprises in East China are acceptable, and the mainstream delivery price is 7600-7700 yuan / ton
.

Inventory: According to statistics, as of last Friday, the total inventory in East China and South China markets fell slightly by 2.
78% month-on-month, and 24.
31%
lower than the same period last year.
Entering this week, the PVC futures market trend is not good, trading is more wait-and-see, it is expected that PVC market inventory will maintain a narrow finishing pattern
.

Forecast for the future: This week's domestic PVC market quotations fell slightly, downstream demand is not as good as last week, merchants are not highly motivated to purchase
.
It is expected that the PVC market will continue to be weak
next week.