August 8 PVC morning review

Raw material prices: 1, Japan naphtha CF Japan reported 350 yuan / ton, down 6; Naphtha FOB Singapore was trading at $36.
72 a barrel, down 0.
67
.
Ethylene CFR Northeast Asia was at $1075/ton, down 20, and CFR Southeast Asia was flat at $1035/ton
.

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

North China calcium carbide law reported 5560 yuan / ton, up 30; ethylene law reported 5840 yuan / ton, up 40; East China calcium carbide law reported 5700 yuan / ton, flat, ethylene method reported 5880 yuan / ton, flat
.
South China calcium carbide method reported 5660, flat, 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 by 30 yuan / ton, calcium carbide method 5 type material is now implemented 5580 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 is fully loaded, the factory inventory is slightly higher, the actual shipment situation is relatively average
.

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
.