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Trade Service
According to the monitoring data of the cable network, the spot price performance of the PVC market fell slightly this week
.
The average price of PVC spot at the beginning of the week was 6810 yuan / ton, and the weekend price was 6800 yuan / ton, down 10 yuan / ton, down 0.
14%.
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
.
The reasons for the decline in PVC market prices this week are as follows:
In the upstream market, the mainstream ex-factory price of calcium carbide in Northwest China remained at 2850-2900 yuan / ton, which was about 100 yuan / ton lower than that in early December last year; The mainstream arrival price of calcium carbide in North China is 3060-3400 yuan / ton, which is basically stable
.
From a supply perspective, there is limited
room for calcium carbide prices to continue to fall.
Spot market: The price of some domestic PVC spot market fell
slightly.
North China calcium carbide law reported 6450 yuan / ton, down 30; ethylene law reported 6700 yuan / ton, down 90; East China calcium carbide method reported 6560 yuan / ton, down 40, ethylene method 6980 yuan / ton, flat; South China calcium carbide method 6640, flat, ethylene method 6850, flat
.
Raw material prices were flat, East China reported 3150 yuan, flat, Northwest reported 3420 yuan, flat
.
In terms of supply, most of the domestic PVC enterprises have completed maintenance in winter
.
At present, the installation of domestic PVC terminal products enterprises has remained low, mainly because of the increase in environmental protection supervision, and product enterprises based on small family-type workshops have been severely hit
.
Therefore, it is expected that the start of terminal products enterprises next week will remain weak
.
Future market forecast: This week, the overall narrow fluctuation of the domestic PVC market, PVC futures showed a wide oscillation trend at the bottom, and has not formed an effective rise
.
Upstream raw materials short-term decline, suppressing chemical prices, fundamental PVC inventory in the domestic demand off-season, downstream enthusiasm for procurement is not high, and the high operating rate of the device under the influence, inventory rose month-on-month, downstream pre-holiday stocking willingness is not high, coupled with January source delivery and basis discount, futures prices fell back to repair the
basis.
It is expected that the short-term domestic PVC market will be stabilized, the upward rush of PVC prices will be blocked, and there is a technical demand
for a pullback.
