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The domestic PVC market continued to be calm, downstream more on-demand procurement, slow follow-up, strong wait-and-see mood among merchants in various markets, calcium carbide PVC transactions were significantly loosened, and prices fell; Upstream manufacturers have low inventories and maintain high price shipments to support market prices
.
U.
S.
WTI crude for September futures closed down 0.
21 at $42.
92 a barrel
.
Brent crude for September futures closed up 0.
15 at $44.
80 a barrel
.
Upstream raw materials: Asian ethylene prices both fell, CFR Northeast Asia fell 25 to close at 1094.
5-1096.
5 US dollars / ton, CFR Southeast Asia fell 25 to close at 1034.
5-1036.
5 US dollars / ton
.
The supply of calcium carbide is uneven, and the overall situation is slightly tight
.
Factory price of calcium carbide in various places: the mainstream factory price of calcium carbide in Wuhai and Ordos areas of Inner Mongolia is 2050-2100 yuan / ton; The factory price of calcium carbide in Shizuishan area of Ningxia is 2100-2200 yuan / ton; Zhongwei area quotation 2200-2250 yuan / ton; Shaanxi factory 2100-2170 yuan / ton; Gansu area 2200-2250 yuan / ton
.
Company dynamics: calcium carbide PVC production enterprises quotations are temporarily stable
.
Type 5 ordinary calcium carbide around the surrounding mainstream acceptance factory in Inner Mongolia area 5200-5400 yuan / ton; The mainstream acceptance factory in Shandong is 5250-5350 yuan / ton; The mainstream factory in Hebei is 5250-5350 yuan / ton acceptance; The mainstream factory in Shanxi is 5250-5350 yuan / ton acceptance
.
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 5600-5700 yuan / ton, East China is delivered to 5700-5750 yuan / ton, and Taiwan Formosa Plastics quoted in August to 810 US dollars / ton CFR China's main port
.
The PVC market of the plastic exchange was weakly sorted out, and traders in various districts of the session moved their positions for months, and only South China had transactions in July; Under the influence of the sluggish market, the supply of low-priced goods in the market has gradually increased; As of the close, the settlement price of South China of July 5 was 5680 yuan (ton price, the same below), down 50 yuan; In August 5, the settlement price of South China was 5700 yuan, down 139.
09 yuan; the settlement price of East China was 5620 yuan; the settlement price of North China was 5375 yuan, up 45 yuan; and the settlement price of ethylene method was 5900 yuan
.
Fundamentals: the domestic PVC market continued to be calm, downstream more on-demand procurement, slow follow-up, strong wait-and-see mood among market merchants, calcium carbide PVC transactions were significantly loosened, and prices fell; Ethylene still has a certain replenishment
.
Upstream manufacturers have relatively high inventories, maintain high price shipments, and support market prices; It is expected that the short-term plastic exchange PVC will be mainly
weak finishing.
The domestic PVC market sentiment is still flat, traders in the three mainstream markets of East China, South China and North China continue to ship poorly, and quotations continue to fall; Downstream manufacturers purchase more on demand, market follow-up is still not active, PVC market traders confidence is difficult to boost, it is expected that tomorrow's domestic PVC market situation is difficult to change
.
