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Cable Raw Materials (PVC) Weekly Report (3.6-3.10)

 Last Update: 2022-12-04
 Source: Internet
 Author: User

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

(1) Calcium carbide market dynamics

This week, the calcium carbide plant is still actively shipping, and the overall pressure is greater
.
Factory price of calcium carbide in various places: 2300-2400 yuan / ton in Wuhai and Ordos areas of Inner Mongolia; Ningxia Shizuishan area 2350-2450 yuan / ton; Zhongwei area quotation 2450-2500 yuan / ton; Shaanxi area 2400-2500 yuan / ton; Gansu area 2450-2550 yuan / ton
.
Downstream product enterprises resumed production less than expected, while most of them still have stock inventory to digest, in addition, affected by environmental protection supervision, the start of some downstream product enterprises in the Beijing-Tianjin-Hebei region was blocked, the overall market demand was general, downstream manufacturers are mostly on-demand procurement, and it is expected that next week will maintain the situation of appropriate procurement on demand
.

(2) Ethylene market dynamics

Due to stable demand and the imminent maintenance support of some companies, Asian ethylene market quotations fell, CFR Northeast Asia fell 85 to 1229.
5-1231.
5 US dollars / ton; CFR Southeast Asia fell 25 to $10995.
5-1101.
5 / mt
.
Weak downstream demand for ethylene, coupled with a sharp decline in crude oil, has aggravated market pessimism, ethylene market prices are temporarily stable, and market investors are quiet
.

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