August 5 PVC morning review

Raw material prices: 1, Japan naphtha CF Japan reported 345 yuan / ton, down 2.
88; naphtha FOB Singapore reported 36.
11 US dollars / barrel, down 0.
22
.
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 has risen.

North China calcium carbide law reported 5530 yuan / ton, up 80; ethylene law reported 5800 yuan / ton, flat; East China calcium carbide law reported 5700 yuan / ton, up 50, ethylene law reported 5880 yuan / ton, unchanged
.
South China calcium carbide method reported 5660, up 20, ethylene method 6010 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, Shandong Xinfa PVC quotation today continues to raise 60 yuan / ton, calcium carbide method 5 type material is now implemented 5550 yuan / ton spot exchange self-pickup, the actual receiving price still has a small space for negotiation, the factory area 600,000 tons / year equipment starts full load, the factory inventory is slightly higher, the actual shipment situation is relatively general
.

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
.