echemi logo
Product
  • Product
  • Supplier
  • Inquiry
    Home > Chemicals Industry > New Chemical Materials > August 18 PVC morning review

    August 18 PVC morning review

    • Last Update: 2022-12-03
    • Source: Internet
    • Author: User
    Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com

    On Wednesday, the PVC1609 contract closed up in volatility, testing support around 5800 below, testing pressure at the 6100 mark above, and it is expected to maintain short-term volatility in the 5800-6100 range, and it is recommended to trade long in the range
    .

    PVC

    Raw material prices: 1, Japan naphtha CF Japan reported 385 yuan / ton, up 13.
    62; naphtha FOB Singapore reported 40.
    26 US dollars / barrel, up 1.
    14
    .
    Ethylene CFR Northeast Asia was flat at $1,100/ton, and CFR Southeast Asia was flat at $1,050/ton
    .

    Spot market: The price of some domestic PVC spot market has risen.

    North China calcium carbide law reported 5670 yuan / ton, flat; ethylene law reported 6400 yuan / ton, up 25; East China calcium carbide method reported 6000 yuan / ton, up 130, ethylene method reported 6400 yuan / ton, unchanged
    .
    South China calcium carbide law reported 5920, up 40, ethylene method 6350 tons, up 30
    .
    The price of raw materials was basically flat, East China reported 2700 yuan, flat, and Northwest reported 2240 yuan, flat
    .

    News side: 1.
    Chengdu Huarong PVC has no quotation
    today.
    The 80,000-ton/year plant is shut down for maintenance and is scheduled to start up
    on August 18.

    Warehouse receipt data: 2125
    .

    Fundamentally, affected by environmental protection policies, calcium carbide supply is slightly insufficient, supporting the strengthening of prices, and further strengthening the support for PVC costs
    .
    The short-term PVC social inventory remains at a moderately lower level, but the downstream is tepid, and the futures price is expected to remain range-bound
    .

    This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.

    Contact Us

    The source of this page with content of products and services is from Internet, which doesn't represent ECHEMI's opinion. If you have any queries, please write to service@echemi.com. It will be replied within 5 days.

    Moreover, if you find any instances of plagiarism from the page, please send email to service@echemi.com with relevant evidence.