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The PVC market performance was generally stable, with a few small movements
.
Futures are weakly affected by the fall, the spot trading volume is not large, merchants follow the market to ship, and the market trading is general
.
The market inquiry is still weak, and the downstream customers are mostly just in need of replenishment, and at the beginning of the month, they pay more attention to the petrochemical sales policy, and the transaction negotiation is the mainstay
.
March 1 domestic PVC petrochemical factory price
| trademark | factory | Quote today | Yesterday's quote | Change |
| SG3-5 | Ningxia Yinglite | 6250 | 6450 | -200 |
| SG3-5 | Sichuan Golden Road | 6650 | 6800 | -150 |
| SG3-5 | Jinxi Chemical | 6450 | 6450 | 0 |
| HS-1000 | Suzhou Huasu | 7300 | 7300 | 0 |
| S100 | Qilu Petrochemical | 6800 | 6850 | -50 |
Device dynamics
| factory | 1 day PVC installation dynamics | ||
| Inner Mongolia Gilantai | The plant started 80%, and today's quotation is stable | ||
| Inner Mongolia Yidong Dongxing Chemical | 90% of the 300,000 tons of work has started, and there are still a small amount of arrears to be paid | ||
| Fang Dajinhua | The plant operates at full capacity with a daily output of 160-180 tons | ||
| Henan Haohua Aerospace | The operation is full load, and the daily output is about 1200 tons | ||
| Dongyue, Shandong | The equipment is fully loaded and shipped generally | ||
| Sichuan Leshan Yongxiang | The plant is basically at full capacity, with a daily output of 300-320 tons | ||
Upstream impact: U.
S.
crude oil futures fell slightly as U.
S.
crude oil futures fell $0.
04, or 0.
07%, at $54.
01 per barrel; Brent crude futures fell $0.
34, or 0.
61 percent, to $55.
59 a barrel
.
On the 2nd and 28th, the Asian ethylene market quotation was stable, and CFR Northeast Asia held steady at 1374.
5-1376.
5 US dollars / ton; CFR Southeast Asia held steady at $1144.
5-1146.
5/mt
.
Market analysis in various places: the PVC market in Guangzhou is calm, the weak futures are affected, the spot trading volume is not large, the merchants follow the market to ship, and some real order transaction prices are slightly loose.
Ordinary type 5 calcium carbide mainstream 6420-6470 yuan / ton self-pickup, Dongxing 5 type 6430 yuan / ton self-pickup, Erong / Oriental Hope / Xinfa / Tianhu 5 type 6450 yuan / ton self-pickup, Junzheng / Yili 5 type 6500 yuan / ton self-pickup
.
The price of ethylene is stable, the mainstream price is 7000-7100 yuan / ton self-pickup, and Dagu 1000 type is reported at 7000 yuan / ton self-pickup
.
Demand is not good, shipment pressure is greater, futures are down, and Wuxi PVC market quotations are
lowered.
The mainstream of ordinary type 5 calcium carbide is 6320-6450 yuan / ton, and there is still room
for negotiation in the transaction of some sources.
Salt flower self-pickup 6320 yuan / ton, Junzheng 5 type 6400 yuan / ton, Zhongtai and Tianye 5 type 6450 yuan / ton
.
PVC market inventory is still high, North China is affected by environmental protection, and the downstream operating rate is low
.
Market demand is weak, and merchants partially let profits
ship.
The enthusiasm of terminal receiving goods is not high, and most of them are purchased on demand
.
It is expected that the short-term PVC market will be
dominated by narrow range.
