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Polyvinyl chloride: tight goods support the pvc market is now "straight-line" pulling up

 Last Update: 2022-08-25
 Source: Internet
 Author: User

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Recently, the domestic PVC market price has continued to rise.
Since October, the domestic PVC market price has been rising for a time, which can be described as a "straight line" situation

In terms of raw materials: Since October, the price of domestic calcium carbide has also been rising continuously.
Due to the influence of power cuts in Wuhai and Wumeng in Inner Mongolia to different degrees, the overall supply of calcium carbide has declined.
In addition, the maintenance of PVC equipment in some areas has been completed, and the external volume has been released.
Under the influence of a series of factors such as reduction, the price of calcium carbide has risen by about 27% since October.
According to the monitoring data of Zhongyu Information, as of November 17, the price of calcium carbide in China has risen to a new high since 2019

In terms of raw materials: In terms of raw materials: Since October, the price of domestic calcium carbide has also been rising continuously.

Supply side: Supply side: Due to the recent reduction or suspension of production of PVC plants in the United States, Europe, and South Korea due to force majeure, failure, etc.

On the demand side: On the demand side: the traditional demand peak season is supported by "Golden Nine Silver Ten", and the PVC downstream products industry is still under construction.

To sum up, at present, the domestic PVC market is supported by good news such as stronger raw material prices, shortage of spot market supply, and strong and volatile futures disk.
In the short term, the overall market may maintain a high and volatile trend.
With the gradual easing of foreign supply, the power of PVC prices to continue to strengthen may collapse, and the focus of market transactions may weaken at that time
.

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