April 19 PVC morning review

Raw material prices: 1, Japan naphtha CF Japan reported 395.
5 yuan / ton, up 0.
5; naphtha FOB Singapore reported 42.
4 US dollars / barrel, up 0.
05
.
Ethylene CFR Northeast Asia was flat at $1200/mt, while CFR Southeast Asia was at $1170/mt, up 10
%.

Spot market: The price of some domestic PVC spot market is basically flat
.
North China calcium carbide law reported 5280 yuan / ton, down 40; ethylene law reported 5530 yuan / ton, down 20; East China calcium carbide law reported 5280 yuan / ton, down 20, ethylene law reported 5720 yuan / ton, flat
.
South China calcium carbide method reported 5350, down 50, ethylene method 5800 tons, flat
.
The price of raw materials was basically flat, East China reported 2700 yuan, flat, and Northwest reported 2300 yuan, flat
.

News side: 1, Sichuan Jinlu PVC 340,000 tons / year device stopped on March 22, the plant device is not completely normal, is expected to start in the near future, calcium carbide method 5 type material is temporarily not quoted to the public, real single talk
.
2.
The price of Inner Mongolia Junzheng PVC was reduced, the calcium carbide method 5 type material was accepted and self-picked up by 5150-5180 yuan / ton, and the new plant area 320,000 tons / year device is not currently started normally, and it is expected to restore stability in the near future, and the transaction is flexible and negotiable
.

Downstream demand has slowed down, manufacturers' shipment pressure has increased, prices have been lowered, and futures prices have been suppressed, but there are still some equipment maintenance in the short term, and it is expected that there will
be downside.