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Today, the domestic PVC market trading is general, due to the high level of PVC in the futures market, the market spot traders actively raise the price offer, but the downstream merchants do not ask much, the overall transaction deviation, the wait-and-see atmosphere is strong, mostly small orders on demand procurement transactions
.
It is expected that tomorrow's market will be dominated by high-level consolidation
.
Upstream raw materials: Asian ethylene market prices are stable, CFR Northeast Asia closed at 1239.
5-1241.
5 US dollars / ton, CFR Southeast Asia closed at 1074.
5-1076.
5 US dollars / ton
.
Calcium carbide production is relatively stable recently, and calcium carbide production is at a high level, but during the Spring Festival, there are calcium carbide transport vehicles that are abnormal, resulting in a backlog of inventory in some calcium carbide factories, so it is currently actively shipping to the outside world
.
Factory price of calcium carbide in various places: 2600-2650 yuan / ton in Wuhai and Ordos areas of Inner Mongolia; Ningxia Shizuishan area 2600-2650 yuan / ton; Zhongwei area 2650 yuan / ton; Shaanxi area 2600-2650 yuan / ton; Gansu area 2750-2800 yuan / ton
.
Enterprise dynamics: calcium carbide PVC production enterprises rose in price
.
Type 5 ordinary calcium carbide around the Inner Mongolia area mainstream acceptance factory 6200-6250 yuan / ton; The mainstream acceptance factory in Shandong is 6500-6600 yuan / ton; The mainstream factory in Hebei is about 6500 yuan / ton acceptance; The mainstream factory in Shanxi is 6300 yuan / ton acceptance
.
Domestic ethylene PVC enterprises offer stable
quotations.
At present, Qilu Petrochemical, Tianjin Dagu and LG Dagu in North China are shipped to 6800-6900 yuan / ton, and the real disk in East China is delivered to 6900-7000 yuan / ton, and Taiwan's Formosa Plastics quotation in February is 920 US dollars / ton CFR China's main port
.
Market dynamics: the mainstream quotation of PVC market in East China is 6250-6400 yuan / ton; Zhongtai 6400-6450 yuan / ton, Yinglite 6250 yuan / ton, Beiyuan 6300 yuan / ton, Yushe 6350 yuan / ton, Tianchen Tianneng 6570 yuan / ton, Jinyu yuan 6370 yuan / ton, Tianhu 6300 yuan / ton; Ethylene Qilu S1000 reported 7250 yuan / ton, Qilu S700 reported 7750 yuan / ton
.
North China PVC market Qilu Chemical City Qilu S700 type 7020 yuan / ton, S1000 reported 6920 yuan / ton self-pickup
.
Calcium carbide material 6430-6470 yuan / ton about delivery
.
Linyi area about 6575 yuan / ton delivered
.
Hebei 6475 yuan / ton self-pickup
.
Tianjin area about 6490 yuan / ton warehouse pick-up
.
The mainstream quotation of 5-type calcium carbide method in South China PVC market is 6500-6600 yuan / ton, Hengtong 1000, Yili 6680 yuan / ton, Junzheng new factory 6660 yuan / ton, Tianhu, Oriental Hope, Xinfa, Dongxing, Jilantai, Jinhua 6640 yuan / ton, Sanlian 6600 yuan / ton; Dagu 1000/700/800 reported 7100 yuan / ton, Dagu 1300 reported 7380 yuan / ton; Hanwha HG-1000F reported 7100 yuan/ton; Haijing 1000 reported 6800 yuan / ton
.
Today, the PVC market of the plastic exchange is good, the trading in South China is active, and the trading volume of calcium carbide type 5 continues to increase; Due to the general start of the downstream of the terminal, the rest of the districts in the session have a strong wait-and-see atmosphere, and the transaction performance is average; As of the close, the settlement price in South China in February was 6478 yuan (ton price, the same below), down 2 yuan; East China settled at 6650 yuan, up 150 yuan; North China settlement price 6300 yuan, up 60 yuan; The northwest settlement price was 6,000 yuan, up 70 yuan; The ethylene settlement price was 7100 yuan, unchanged
.
Fundamentally: today's domestic PVC market trading is general, due to the high level of PVC in the futures market, market spot traders actively raise prices, but downstream merchants do not ask much, the overall transaction deviation, the wait-and-see atmosphere is strong, mostly small orders on demand procurement transactions
.
It is expected that tomorrow's market will be dominated by high-level consolidation
.
Futures running at a high level, PVC enterprise inventory pressure is not large, continue to actively increase the price of shipments, market traders quotations follow higher, wait for downstream resumption of work to follow up
.
However, demand recovery is slow, high-price transactions are not well followed, and the continued rally is limited, and short-term highs are mainly
wait-and-see.