February 28 PVC morning review

Upstream raw materials, Asian ethylene market partially declined, CFR Northeast Asia fell $10 / ton to close at 1374.
5-1376.
5 US dollars / ton, CFR Southeast Asia maintained stability at 1144.
5-1146.
5 US dollars / ton
.
At present, calcium carbide plants are still actively shipping, and the overall pressure is greater
.
Factory price of calcium carbide in various places: 2300-2400 yuan / ton in Wuhai and Ordos areas of Inner Mongolia; Ningxia Shizuishan area 2350-2450 yuan / ton; Zhongwei area quotation 2450-2500 yuan / ton; Shaanxi area 2400-2500 yuan / ton; Gansu area 2450-2550 yuan / ton
.

Today, the PVC of the plastic exchange moved for a month, there was no transaction in February, and the market maintained a high level in March, with a strong wait-and-see atmosphere and average trading performance; As of the close, the settlement price in South China in March was 6,500 yuan (ton price, the same below), down 120 yuan; East China settlement price 6430 yuan; North China settled at 6,200 yuan, down 200 yuan; Northwest settlement price 5950 yuan; The settlement price of ethylene method is 7100 yuan
.
Fundamentally: today's domestic PVC market has improved, the PVC market in the futures market has rebounded at a low level, actively driving the spot market atmosphere, the quotation of holders is actively raised, the market inquiry atmosphere is acceptable, but the demand of downstream manufacturers is still general, the attitude is more cautious, and the market transaction situation is not optimistic; It is expected that tomorrow's market will be
mainly sorted out at a high level.