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According to the monitoring data of the cable network, the spot price performance of the PVC market this week fluctuated upward
.
The average price of PVC spot at the beginning of the week was 6444 yuan / ton, and the weekend price was 6530 yuan / ton, up 86 yuan / ton, an increase of 1.
33%.
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 a macro front, the number of initial jobless claims in the United States fell to 246,000 this week, down 14,000 from the previous week's revised figure, and the US labor market continued to improve
.
Domestically, the CPI rose 2.
5% year-on-year in January, up 0.
4 percentage points from the previous month and hitting a new high
in more than two and a half years.
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 demand is stable, the current inventory status of calcium carbide plants is different, some basic shipments are normal, some inventory pressure, active promotion-based, transaction prices are both high and low
.
At present, calcium carbide factories are mainly actively shipped, and the price is
both high and low.
Factory price of calcium carbide in various places: 2420-2500 yuan / ton in Wuhai and Ordos areas of Inner Mongolia; Ningxia Shizuishan area 2450-2550 yuan / ton; Zhongwei area 2550-2600 yuan / ton; Shaanxi area 2450-2550 yuan / ton; Gansu area 2600-2700 yuan / ton
.
Spot market: this week, the mainstream quotation of calcium carbide PVC in East China was 6650-6750 yuan / ton, up 10 yuan / ton; The mainstream quotation in South China was 6730-6780 yuan / ton, up 50 yuan / ton; The mainstream quotation in North China is 6450-6500 yuan / ton, up 100 yuan / ton
.
The mainstream quotation of ethylene PVC in East China is 7100-7250 yuan / ton, unchanged; The mainstream quotation in South China is 7100-7250 yuan / ton, up 50 yuan / ton; The mainstream quotation in North China was 6900-7050 yuan / ton, up 75 yuan / ton
.
Future market forecast: This week, from a comprehensive domestic point of view, most petrochemical factory prices are stable, which has a certain cost support
for the market.
The phenomenon of market rally at the beginning of the week still exists, and market quotations in various places have been slightly raised; However, the PVC market in the mid-week market fluctuated and pulled, and the PVC market inventory was rising day by day, downstream manufacturers mainly digested stocks, continued to purchase enthusiasm declined, market spot trading volume plummeted, traders bullish mentality is not good, various markets have successively appeared profit shipments
.
It is expected that the PVC market will remain narrow finishing next week, and there may be a slight adjustment
in some areas.
