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Recently, the PVC market is in a high finishing stage, the early week of the cargo plate in the 9200 line of high oscillation, the highest intraday reached about 9400, Friday due to crude oil futures fell sharply, the chemical sector fell, PVC plate under pressure down, closed at 9115 yuan / ton; The mainstream quotation of type five in South China is 9350-9450 yuan / ton, and the mainstream quotation of type five in East China is 9300-9380 yuan / ton
.
Asian market quotations were revised down this week, due to the continuous fermentation of public health events in India, the sharp decline in demand, coupled with the gradual recovery of supply of PVC plants in the United States, domestic exports were hindered
by the simultaneous effect of external supply recovery and sharp decline in demand.
Some domestic PVC manufacturers began maintenance, mostly maintaining short-term maintenance, and short-term supply had little impact; Although the operating rate of downstream product factories is high, due to the continuous high price of PVC, the terminal conduction is not smooth, and more inquiries are made at low prices
.
Fundamentals shift from export demand to domestic supply
.
In terms of raw materials, the price of raw coal is high, and the price of blue charcoal is also higher, resulting in a significant increase in the cost pressure of calcium carbide; From the supply side, although the dual control policy of energy consumption in Inner Mongolia has been relaxed, the actual output of calcium carbide has also been tightened due to the irregular power rationing policy in Inner Mongolia and Ningxia, and the mainstream ex-factory price in Inner Mongolia is currently supported by a high level of 4600 yuan / ton
.
On the whole, as PVC manufacturers have begun to overhaul one after another, spot goods may appear in the short term, and the supply side will tighten; Raw calcium carbide has been supported by the continuous rise in coal prices in the near future, and may remain high and firm in the short term; Short-term PVC market cost high supply tightening, Zhongyu Information expects that in the short term PVC market prices will still be dominated by high finishing, wide range of fluctuations, follow-up need to pay attention to raw material market trends and maintenance conditions
.
