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According to the monitoring data of the cable network, the spot price of the PVC market this week showed a slight increase
.
The average price of PVC spot at the beginning of the week was 6854 yuan / ton, and the weekend price was 7294 yuan / ton, up 440 yuan / ton, or 6.
42%.
This week's merchant procurement demand continued the good trend of last week, and the overall market transaction situation was better
.
The reasons for the increase in prices in the PVC market this week are analyzed as follows:
Macro, according to statistics, the operating profit of retail enterprises in the first half of this year increased by 7.
6% year-on-year, and the recovery trend was prominent
.
In the first half of the year, the GDP was 3.
8149 billion yuan, a year-on-year increase of 6.
9%
at comparable prices.
In terms of quarters, the first quarter increased by 6.
9% year-on-year, and the second quarter increased by 6.
9%.
On the whole, China's economy is stable and improving
.
In the upstream market, the current calcium carbide market supply and demand relationship changes are limited, the market game state continues, and it is expected that the calcium carbide market price will maintain a narrow finishing pattern next week
.
Spot market: PVC producer prices continued to rise
this week.
Type 5 PVC reference price: the current mainstream acceptance factory in Shandong is 7330-7360 yuan / ton; Inner Mongolia PVC enterprises to the north acceptance price of 7000-7100 yuan / ton; Henan enterprises mainstream acceptance factory quotation 7100-7200 yuan / ton; The mainstream acceptance factory in Shanxi reported 7250-7280 yuan / ton; The mainstream factory in Hebei is 7100-7350 yuan / ton acceptance
.
Ethylene enterprises in East China have better shipments, and the mainstream delivery price is 7550-7650 yuan / ton, and higher quotations are also available
.
In terms of inventory: the overall trend of the domestic PVC market last week was acceptable, futures rose sharply, prices actively followed, terminal procurement enthusiasm increased, and social inventories continued to decline slightly
.
According to statistics, last week's inventory volume fell by 4.
01% month-on-month and 23.
82%
year-on-year.
Turning into this week, the PVC market extended its rally, and it is expected that the total inventory of the market will run in a slight downward trend this week
.
Future market forecast: this week's domestic PVC market quotations rose slightly, downstream demand was better than last week, and merchants were more motivated to purchase
.
It is expected that the PVC market will continue its upward trend
next week.
