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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 6230 yuan / ton, and the weekend price was 6600 yuan / ton, up 370 yuan / ton, an increase of 5.
93%.
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, the U.
S.
consumer price index rose 0.
2 percent seasonally adjusted month-on-month in August this week, and the core consumer price index, which excludes volatile energy and food, rose 0.
3 percent month-on-month, the biggest increase since February
.
Domestically, from January to August, the actual amount of foreign funds used in the country was 548.
83 billion yuan, a year-on-year increase of 4.
5%; In August, the actual amount of foreign funds used was 57.
32 billion yuan, a year-on-year increase of 5.
7%.
At present, PVC market prices are supported by rising factors, and PVC fundamentals have risen
slightly.
In terms of the upstream market, this week, calcium carbide shipments were obviously affected by the transportation situation, vehicles were significantly reduced, and the difference between ex-factory prices was large
.
Factory price of calcium carbide in various places: 2400-2500 yuan / ton in Wuhai and Ordos areas of Inner Mongolia; Ningxia Shizuishan area 2400-2450 yuan/ton; Zhongwei area 2500-2550 yuan / ton; Shaanxi area 2400-2500 yuan / ton; Gansu area 2500-2600 yuan / ton
.
Asian ethylene market prices fell, CFR Northeast Asia prices fell $5 to close at $1174.
5-1176.
5 / ton; CFR Southeast Asia fell $5 to settle at $1044.
5-1046.
5/mt
.
Spot market: This week, calcium carbide PVC manufacturers raised factory prices
.
Type 5 ordinary calcium carbide, the mainstream acceptance factory quotation of Inner Mongolian enterprises is 6250-6350 yuan / ton; The mainstream acceptance factory in Shandong is 6530-6580 yuan / ton; The mainstream factory in Hebei is 6300-6450 yuan / ton acceptance; The mainstream factory in Shanxi is 6200-6300 yuan / ton acceptance
.
The overall domestic ethylene PVC enterprises have risen
steadily.
At present, Qilu Petrochemical, Tianjin Dagu and LG Dagu in North China are shipped to 5900-6000 yuan / ton, and the real disk in East China is delivered to 6250-6350 yuan / ton, and Taiwan Formosa Plastics quoted in September to 850 US dollars / ton CFR China's main port
.
Future market forecast: This week, the domestic PVC market continued to improve, forced by the impact of new transportation regulations, East China, South China limited arrivals, traders continue to limit price increases
.
At the same time, the second round of environmental inspections will kick off in October, and some local governments have already preemptively launched their own environmental inspections, and individual PVC companies in Shandong have said that the start of construction has been affected
.
At present, the tight supply of PVC is difficult to ease in the short term, and the supply of individual companies in September has been pre-sold
.
The short-term market is still dominated
by bullish prices.
