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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 6334 yuan / ton, and the weekend price was 6444 yuan / ton, up 110 yuan / ton, an increase of 1.
74%.
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:
This week, the number of initial jobless claims in the United States fell to 246,000, down 14,000 from the previous week's revised figure, and the US job market continued to improve
.
Domestically, in January 2017, the total value of China's imports and exports increased by 19.
6% year-on-year, and both exports and imports showed double-digit positive growth; The trade surplus was 354.
53 billion yuan, narrowing by 2.
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, in terms of raw materials, 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
.
Factory price of calcium carbide in various places: 2550-2600 yuan / ton in Wuhai and Ordos areas of Inner Mongolia; Ningxia Shizuishan area 2550-2650 yuan / ton; Zhongwei area 2600-2650 yuan / ton; Shaanxi area 2550-2650 yuan / ton; Gansu area 2700-2800 yuan / ton
.
Spot market: this week, the mainstream quotation of calcium carbide PVC in East China was 6650-6730 yuan / ton, up 250 yuan / ton; The mainstream quotation in South China was 6660-6750 yuan / ton, up 240 yuan / ton; The mainstream quotation in North China was 6350-6400 yuan / ton, up 225 yuan / ton
.
The mainstream quotation of ethylene PVC in East China was 7100-7250 yuan / ton, up 100 yuan / ton; The mainstream quotation in South China is 7050-7200 yuan / ton, up 100 yuan / ton; The mainstream quotation in North China was 6850-6950 yuan / ton, up 200 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.
Downstream factories will start work one after another, the market is favorable, demand will gradually improve, and the early accumulation of goods will be digested
.
It is expected that the PVC market will remain narrow finishing next week, and there may be a slight adjustment
in some areas.
It is expected that in the short term, the PVC market will be sideways
.
