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The impact of the Northwest Enterprise Joint Conference continued to ferment, and the domestic PVC market rose sharply today, and the quotations of traders in various markets continued to rise
.
Although downstream manufacturers are resistant to high prices, at present, some spot sources in various markets are relatively scarce, so that the high prices in the market can continue to operate; Upstream manufacturers have successively increased factory prices, supporting high market prices, and it is expected that the PVC market will still be optimistic
tomorrow.
U.
S.
WTI crude oil for August futures closed up 2.
04 at $46.
80 a barrel
.
Brent crude September futures closed up 2.
22 at $48.
47 a barrel
on Tuesday.
Upstream raw materials: Asian ethylene prices are stable, CFR Northeast Asia is stable at 1134.
5-1136.
5 US dollars / ton, CFR Southeast Asia is stable at 1094.
5-1096.
5 US dollars / ton
.
The shipment of calcium carbide enterprises is general, and the enterprises are mostly manifested in the increase in the time of unloading such as downstream
.
Factory price of calcium carbide in various places: the mainstream factory price of calcium carbide in Wuhai and Ordos areas of Inner Mongolia is 2100-2150 yuan / ton; The factory price of calcium carbide in Shizuishan area of Ningxia is 2150-2200 yuan / ton; Zhongwei area quotation 2200-2250 yuan / ton; Shaanxi factory 2100-2170 yuan / ton; Gansu area 2200-2250 yuan / ton
.
Company dynamics: The quotation of calcium carbide PVC manufacturers has risen
sharply.
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 is quoted in July to 770 US dollars / ton CFR China's main port
.
The PVC market of the plastic exchange is narrowly sorted, from the plate point of view: the trend of contracts in each region is differentiated, mixed up, South China, East China, Southwest China, Northwest China closed with a slight upward trend, North China closed with a slight decline, intraday trading is general; As of the close, the settlement price in South China in July was 5675 yuan (ton price, the same below), up 5; East China settled at 5,600 yuan, up 20 yuan; North China settlement price of 5350 yuan, down 15 yuan; The ethylene settlement price was 5805 yuan, down 5 yuan
.
Fundamentally, the impact of the Northwest Enterprise Joint Conference continued to ferment, and the domestic PVC market rose sharply today, and the quotations of traders in various markets continued to rise
.
Although downstream manufacturers are resistant to high prices, at present, some spot sources in various markets are relatively scarce, so that the high prices in the market can continue to operate; Upstream manufacturers have successively increased ex-factory prices to support high market prices, and it is expected that the PVC market on the plastic exchange may be boosted
.
At present, the inventory pressure of PVC enterprises is not large, and some spot sources in the market are still slightly tight, and traders have a positive attitude towards the future market, and the intention to raise prices is strong
.
However, there is a certain resistance to the upward trend of the PVC futures market, and the downstream demand is general, and there is a slight resistance to high prices
.
It is expected that the PVC market will be stable and wait-and-see tomorrow,