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    Home > Chemicals Industry > New Chemical Materials > Calcium carbide supply is slightly insufficient PVC prices are stronger

    Calcium carbide supply is slightly insufficient PVC prices are stronger

    • Last Update: 2022-12-03
    • Source: Internet
    • Author: User
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    Today, the PVC1609 contract opened at 5850, with a high of 5870, a low of 5805, and a close of 5860, up 5% from the previous session, or 0.
    09%
    on the day.
    The volume decreased to 23906 lots, and the open position decreased by 9606 lots to 63324 lots
    .

    PVC

    Raw material prices: 1, Japan naphtha CF Japan reported 406 yuan / ton, up 19.
    12; naphtha FOB Singapore reported 42.
    74 US dollars / barrel, up 2.
    2
    .
    Ethylene CFR Northeast Asia was at $1150/ton, up 50, and CFR Southeast Asia was at $1060/ton, up 10
    .

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

    North China calcium carbide law reported 5850 yuan / ton, up 180; Ethylene law reported 6400 yuan / ton, flat; East China calcium carbide law reported 6000 yuan / ton, flat, ethylene law reported 6500 yuan / ton, up 100
    .
    South China calcium carbide method reported 5920, flat, ethylene method 6400 tons, up 50
    .
    The price of raw materials was basically flat, East China reported 2700 yuan, flat, and Northwest reported 2240 yuan, flat
    .

    News side: 1.
    The PVC quotation of Inner Mongolia Yidong Dongxing Chemical was raised by 50 yuan / ton, and the calcium carbide method 5 type material is now accepted by 5700 yuan / ton
    .
    The 300,000 tons/year plant in the plant is operating normally, and the actual transaction is flexible and negotiable
    .

    Fundamentally, affected by environmental protection policies and G20, calcium carbide supply is slightly insufficient, supporting stronger prices, and further strengthening the support for PVC costs
    .
    Short-term PVC social inventory remains at a medium-to-lower level, the market transaction is better, and the decline in futures prices is expected to be limited
    .
    Technically, the PVC1609 contract closed up in shock, testing support around 5800 below, testing the pressure at the 6000 mark above, and it is expected to maintain a short-term oscillation in the range of 5800-6000, and it is recommended to trade long in the range dip
    .

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