August 2 PVC morning review

Raw material prices: 1, Japan naphtha CF Japan reported 349.
62 yuan / ton, down 7.
76; naphtha FOB Singapore reported 36.
81 US dollars / barrel, down 0.
86
.
Ethylene CFR Northeast Asia was flat at $1095/mt, and CFR Southeast Asia was flat at $1035/mt
.

Spot market: The price of some domestic PVC spot market is basically flat
.
North China calcium carbide law reported 5450 yuan / ton, flat; ethylene law reported 5740 yuan / ton, up 40; East China calcium carbide law reported 5600 yuan / ton, flat, ethylene law reported 5880 yuan / ton, flat
.
South China calcium carbide method reported 5600, flat, ethylene method 5920 tons, flat
.
The price of raw materials was basically flat, East China reported 2700 yuan, flat, and Northwest reported 2240 yuan, flat
.

News side: 1, Inner Mongolia Yili PVC quotation today is temporarily stable, enterprise calcium carbide method 5 type material implementation of 5400 yuan / ton cash withdrawal
.
The 500,000 tons/year plant in the plant was stopped for maintenance on the 24th, and it has not been started up for the time being, and the pre-orders have been delivered in the near future
.

Warehouse receipt data: 1260
.

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
.
Short-term PVC social inventory remains at a medium-low level, but the downstream is tepid, and the futures price is expected to remain range-bound
.