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Today, the domestic PVC market continues to be sluggish, market traders' quotations continue to fall, and downstream orders are still not active
.
The PVC market in the futures market is consolidating at a low level, the spot market shipments are not good, and the social inventory is increasing
.
It is expected that there will still be downward pressure on the PVC market tomorrow
.
Upstream raw materials: Asian ethylene market prices partially fell, CFR Northeast Asia fell 5 US dollars / ton to close at 1384.
5-1386.
5 US dollars / ton, CFR Southeast Asia closed steadily at 1149.
5-1151.
5 US dollars / ton
.
At present, calcium carbide factories are mainly actively shipped, and the price is
both high and low.
Factory price of calcium carbide in various places: 2420-2500 yuan / ton in Wuhai and Ordos areas of Inner Mongolia; Ningxia Shizuishan area 2450-2550 yuan / ton; Zhongwei area 2550-2600 yuan / ton; Shaanxi area 2450-2550 yuan / ton; Gansu area 2600-2700 yuan / ton
.
Today's PVC market on the plastic exchange continued to be stable overall; The low-priced sources in South China were concentrated in trading, and the closing settlement price fell sharply, and the wait-and-see atmosphere in the remaining regions was strong, and there were few transactions; As of the close, the settlement price in South China in February was 6,537 yuan (ton price, the same below), down 113 yuan; East China settled at 6670 yuan, down 15 yuan; North China settled at 6450 yuan, flat; The northwest settlement price was 6100 yuan, flat; The ethylene settlement price was 7125 yuan, unchanged
.
Recently, the PVC market is still bearish news, futures shock fall, spot inventory is high, trading volume is low, merchants are not good, it is expected that the price of calcium carbide PVC will still fall in the short term
.
With the sharp decline in calcium carbide prices, ethylene prices have lost their advantage, downstream resistance has heated up, and ethylene PVC prices are expected to follow suit
.
