echemi logo
Product
  • Product
  • Supplier
  • Inquiry
    Home > Chemicals Industry > New Chemical Materials > January 13 PVC morning review

    January 13 PVC morning review

    • Last Update: 2022-12-04
    • Source: Internet
    • Author: User
    Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com

    PVC1705 contract volatility closed higher, futures price below test support around 6200, above test pressure around 6300, short-term futures price or maintain in the 6200-6300 range strong oscillation, it is recommended to go long
    on dips.

    PVC

    News side: 1, Shandong Xinfa PVC still rose slightly by 30 yuan / ton today, calcium carbide method 5 type material reported to the outside at 6120 yuan / ton cash withdrawal, the factory area 600,000 tons / year equipment started normally, the actual receipt price of contract households is slightly lower
    .

    Raw material prices: 1, Japan naphtha CF Japan reported 497.
    5 yuan / ton, down 7.
    88; naphtha FOB Singapore reported 53.
    71 US dollars / barrel, down 0.
    78
    .
    Ethylene CFR Northeast Asia was at $1110/ton, down 10, and CFR Southeast Asia was at $985/ton, up 5
    .

    Spot market: The price of some domestic PVC spot market is basically flat
    .
    North China calcium carbide law reported 6220 yuan / ton, flat; Ethylene law reported 6690 yuan / ton, unchanged; East China calcium carbide law reported 6350 yuan / ton, flat
    .
    South China calcium carbide method reported 6350, flat, ethylene method 6950 tons, flat
    .
    The price of raw materials was basically flat, with East China reporting 3,310 yuan, flat, and Northwest reporting 3,000 yuan, flat
    .

    Warehouse receipt data: 4776
    .

    The cold weather in the north affects the demand for building materials entering the off-season, the enthusiasm of downstream procurement slows down, the smog environmental protection inspection, the shutdown of downstream product enterprises, the gradual easing of market supply tension, coupled with the impact of new production capacity and real estate regulation, prices are suppressed, but the joint intention of enterprises to jointly quote, and the impact of transportation limits its downward space
    .

    This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.

    Contact Us

    The source of this page with content of products and services is from Internet, which doesn't represent ECHEMI's opinion. If you have any queries, please write to service@echemi.com. It will be replied within 5 days.

    Moreover, if you find any instances of plagiarism from the page, please send email to service@echemi.com with relevant evidence.