-
Categories
-
Pharmaceutical Intermediates
-
Active Pharmaceutical Ingredients
-
Food Additives
- Industrial Coatings
- Agrochemicals
- Dyes and Pigments
- Surfactant
- Flavors and Fragrances
- Chemical Reagents
- Catalyst and Auxiliary
- Natural Products
- Inorganic Chemistry
-
Organic Chemistry
-
Biochemical Engineering
- Analytical Chemistry
-
Cosmetic Ingredient
- Water Treatment Chemical
-
Pharmaceutical Intermediates
Promotion
ECHEMI Mall
Wholesale
Weekly Price
Exhibition
News
-
Trade Service
The PVC1901 contract opened at 6830 yuan, the highest 6855 yuan / ton, the lowest 6685 yuan / ton, closed at 6715 tons, down 115 yuan, or 1.
68%, the volume was reported at 409802 lots, and the position decreased by 29194 lots to 234036 lots
.
News: As of the 10th, the price of Asian PVC market fell by $10 / ton, and Taiwan's Formosa Plastics is expected to announce the November cargo quotation
next week.
Merchants said the continued depreciation of the Indian rupee further weakened India's demand for imports due to weak demand
in the Chinese and Indian markets.
Supply in the Southeast Asian market is likely to increase
.
At present, US cargoes have not entered the Asian market
due to the recent reduction in PVC prices in Asia.
Formosa Plastics' monthly export volume is about
60,000-70,000 tons.
After China's long holiday, market inventory has been established, and it may be exported
to Malaysia, Thailand, Vietnam and other places in the later stage.
Vietnam does not impose import tariffs on Chinese goods, making Chinese goods more favorable
.
In addition, the market generally expects that China's demand will slow
down in the fourth quarter due to the winter shutdown of the real estate industry.
Upstream Price: Naphtha CF Japan reported $716.
38/mt, -0.
88%; FOB Singapore is trading at $77.
86/b, -0.
98%.
ethylene CFR Northeast Asia 1160 US dollars / ton, +0%; CFR Southeast Asia is trading at $1,060/mt, +0%.
Domestic calcium carbide prices were stable, with East China reporting 3700 yuan, flat, and Northwest reported 3405 yuan, flat
.
Spot market: CFR Southeast Asia quoted $860, +0%; CFR China was trading at $860, -1.
15%.
North China calcium carbide reported 6820 yuan / ton, +0.
44; ethylene law reported 6900 yuan / ton, unchanged; East China calcium carbide method reported 6850 yuan / ton, +0.
44%, ethylene method 7050 yuan, flat; South China calcium carbide method 6900 yuan, flat, ethylene method 7290 yuan, flat
.
PVC1901 broke downward, and the position fell sharply, indicating that many funds left the market
.
Fundamentally, the strong price of calcium carbide has formed a certain support for the futures price, but the global stock market has fallen sharply, and the rise of social inventory has suppressed
the futures price.
Technically, the median MACD is flat, the upward trend of the KDJ indicator is slowing down, and the short-term direction is unclear
.
Operationally, it is recommended that investors wait and see for the time being
.
