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    Home > Chemicals Industry > New Chemical Materials > Downstream follow-up is slow PVC market weak finishing

    Downstream follow-up is slow PVC market weak finishing

    • Last Update: 2022-12-02
    • Source: Internet
    • Author: User
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    Today, the domestic PVC market continued to be weak and sorted out the situation, the bearish atmosphere still shrouded the market, the transaction volume of various markets was sluggish, the downstream follow-up was slow, traders made profits and shipments, and the spot transaction price was slightly loosened
    .
    The price of upstream manufacturers has fallen steadily, and the quotation has gradually declined
    .

    PVC

    Upstream feedstock: U.
    S.
    WTI crude oil June futures closed up 1.
    51 at $47.
    72 a barrel
    .
    Brent crude July futures closed up 1.
    14 at $48.
    97 a barrel
    .
    Asian ethylene CFR Northeast Asia closed steadily at 1179.
    5-1181.
    5 US dollars / ton, CFR Southeast Asia closed at 1139.
    5-1141.
    5 US dollars / ton.

    The calcium carbide market price continued to be stable, the arrival of goods in various places was moderate, and the receiving price did not fluctuate much
    .
    The shipments of calcium carbide enterprises are general, the transaction volume of high prices is also decreasing, the market supply and demand are weak and balanced, and the price of calcium carbide does not fluctuate much
    in the short term.

    The quotation of calcium carbide PVC manufacturers returned to stability
    .
    Type 5 ordinary calcium carbide around the Inner Mongolia area mainstream acceptance factory 5250-5300 yuan / ton; The mainstream acceptance factory in Shandong is 5350-5450 yuan / ton; The mainstream factory in Hebei is 5200-5350 yuan / ton acceptance; The mainstream factory in Shanxi is 5250-5350 yuan / ton acceptance
    .
    The mainstream price of ethylene enterprises in East China is 5700-5800 yuan / ton
    .

    Domestic ethylene PVC enterprises as a whole are mostly stable for the time being
    .
    At present, Qilu Petrochemical, Tianjin Dagu and LG Dagu in North China are shipped to 5400-5600 yuan / ton, East China is delivered to 5700-5750 yuan / ton, and Taiwan Formosa Plastics quoted in April to 800 US dollars / ton CFR China's main port
    .

    From the perspective of the market, most of the settlement places closed in a downward trend, and only a few regions closed with a slight increase, among which the settlement price of Type 5 in the northwest region fell
    sharply in May.
    As of the close, the settlement price in South China in May was 5,350 yuan (ton price, the same below), down 50 yuan; East China settled at 5280 yuan, down 50 yuan; North China settled at 5150 yuan, down 10 yuan; The ethylene settlement price was 5750 yuan, down 20 yuan
    .
    Fundamentally, the domestic PVC market is generally stable, and some individuals still fall; At present, the PVC market is weak and consolidated, and the market low-end price is slightly supported, but the market spot high price shipments are not good, traders continue to let profit shipments, the current market still lacks strong factor support, the price is difficult to rise, it is expected that the short-term plastic exchange PVC to maintain a weak shock pattern
    .

    The domestic PVC market is generally stable, and some still have a negative decline; At present, the PVC market is weak and consolidated, and the low-end price of the market is slightly supported, but the market spot high price shipments are not good, traders continue to let profit shipments, the current market still lacks strong factors to support, the price is difficult to rise, it is expected that the short-term domestic PVC market will maintain a weak and negative pattern
    .

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