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Cable Raw Materials (PVC) Weekly Report (1.15-1.19)

 Last Update: 2022-12-08
 Source: Internet
 Author: User

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First, the upstream market dynamics of cable raw materials (PVC).

PVC

(1) Calcium carbide market dynamics

This week, calcium carbide prices continued to fall and are still in a downward channel
.
The main factors affecting calcium carbide prices include calcium carbide itself supply and demand and coke price trend on the cost side, on the one hand, coke is currently in a weak shock trend, on the other hand, calcium carbide fundamental supply and demand, although calcium carbide single downstream PVC operating rate remains high, but calcium carbide prices are still falling, subsequent PVC enterprises into spring maintenance, calcium carbide downward space will expand, while according to the seasonal trend of calcium carbide prices can be seen, in the past five years, calcium carbide price trends have shown a trend of first suppressing and then rising, Therefore, we can expect the support of calcium carbide prices on the cost side to be weaker than the support for the September contract
.

(2) Crude oil market dynamics

This week's crude oil price trend is strong, driving the recent energy sector up, PVC market showing a more atmosphere
.
In addition, due to the recent large-scale and high-intensity snowfall, the transportation in the northwest, north China, central China and east China has been affected to varying degrees, among which the northwest region is the main calcium carbide producing area, if the snowfall continues for a long time, the price
of calcium carbide is favorable.

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