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Cable Raw Materials (PVC) Weekly Report (5.23-5.27)

 Last Update: 2022-12-02
 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 have stalemated, and market prices are in a dilemma
.
Judging from the situation next week, on the one hand, calcium carbide production will increase limited, and the overall supply is still slightly insufficient; On the one hand, PVC will hardly be significantly overhauled next week, so calcium carbide demand will remain high
.
Under this situation, calcium carbide supply and demand will not change significantly, downstream procurement will still be active, calcium carbide enterprise shipments will still be smooth, and because PVC will maintain a weak situation, it is expected that calcium carbide prices will rise and fall, and the price stabilization trend will continue
.
Overall, calcium carbide supply and demand continue to play this week
.

(2) Ethylene market dynamics

Due to stable demand and the imminent maintenance support of some companies, the Asian ethylene market price fell, and the CFR Northeast Asia price fell 10 US dollars to close at 1109.
5-1111.
5 US dollars / ton; CFR Southeast Asia prices fell $30 to settle at $1089.
5-1091.
5/mt
.
The ethylene market price is temporarily stable, and the market investment is quiet
.

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