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PVC continues to be weak and volatile trading is still flat

 Last Update: 2022-12-04
 Source: Internet
 Author: User

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PVC market quotations continued to be weak and volatile, trading was still flat, and market inquiries were general
.
Crude oil fell sharply overnight, and the market mentality was frustrated
.
In addition, the ex-factory price of some petrochemicals has been reduced one after another, and the support for the market has weakened
significantly.
Traders mostly follow the market operation, downstream factories mostly insist on just need to purchase, and the transaction volume is limited
.

PVC

March 9 domestic PVC petrochemical factory price

trademark	factory	Quote today	Yesterday's quote	Change
SG3-5	Henan Aerospace	6400	6400	0
SG3-5	Shandong Xinfa	5370	5370	0
S-60	Formosa Plastics Ningbo	7200	7350	-150
S-65	Formosa Plastics Ningbo	7150	7300	-150
S-70	Formosa Plastics Ningbo	7250	7400	-150

trademark factory Quote today Yesterday's quote Change SG3-5 Henan Aerospace 6400 6400 0 SG3-5 Shandong Xinfa 5370 5370 0 S-60 Formosa Plastics Ningbo 7200 7350 -150 S-65 Formosa Plastics Ningbo 7150 7300 -150 S-70 Formosa Plastics Ningbo 7250 7400 -150 trademark factory Quote today Yesterday's quote Change trademark factory Quote today Yesterday's quote Change SG3-5 Henan Aerospace 6400 6400 0 SG3-5 Henan Aerospace 6400 6400 0 SG3-5 Shandong Xinfa 5370 5370 0 SG3-5 Shandong Xinfa 5370 5370 0 S-60 Formosa Plastics Ningbo 7200 7350 -150 S-60 Formosa Plastics Ningbo 7200 7350 -150 S-65 Formosa Plastics Ningbo 7150 7300 -150 S-65 Formosa Plastics Ningbo 7150 7300 -150 S-70 Formosa Plastics Ningbo 7250 7400 -150 S-70 Formosa Plastics Ningbo 7250 7400 -150

Device dynamics

factory	8th PVC installation dynamics
Tarzan salinization	Start 7-8 percent, shipment is average
Heilongjiang Haohua	The operation was started at 50%, and the output was increased by about 300 tons
Yibin Tianyuan	The start of construction is 70%, the daily output is 700 tons, and the quotation is stable
Ningbo Hanwha	It will be stopped for maintenance from today, and it is planned to be repaired until about the 16th of this month
Taizhou Liancheng	450,000 tons of PVC started 60%, shipment is a single talk, no quotation to the outside world
Inner Mongolia Gilantai	Start construction 80%, wait and see for the time being
Suzhou Huasu	The start of construction is 60%, and the quotation is high
Inner Mongolia Wuhai Chemical	The start of construction is 90%, and the quotation is stable

factory 8th PVC installation dynamics Tarzan salinization Start 7-8 percent, shipment is average Heilongjiang Haohua The operation was started at 50%, and the output was increased by about 300 tons Yibin Tianyuan The start of construction is 70%, the daily output is 700 tons, and the quotation is stable Ningbo Hanwha It will be stopped for maintenance from today, and it is planned to be repaired until about the 16th of this month Taizhou Liancheng 450,000 tons of PVC started 60%, shipment is a single talk, no quotation to the outside world Inner Mongolia Gilantai Start construction 80%, wait and see for the time being Suzhou Huasu The start of construction is 60%, and the quotation is high Inner Mongolia Wuhai Chemical The start of construction is 90%, and the quotation is stable factory 8th PVC installation dynamics factory 8th PVC installation dynamics Tarzan salinization Start 7-8 percent, shipment is average Tarzan salinization Start 7-8 percent, shipment is average Heilongjiang Haohua The operation was started at 50%, and the output was increased by about 300 tons Heilongjiang Haohua The operation was started at 50%, and the output was increased by about 300 tons Yibin Tianyuan The start of construction is 70%, the daily output is 700 tons, and the quotation is stable Yibin Tianyuan The start of construction is 70%, the daily output is 700 tons, and the quotation is stable Ningbo Hanwha It will be stopped for maintenance from today, and it is planned to be repaired until about the 16th of this month Ningbo Hanwha It will be stopped for maintenance from today, and it is planned to be repaired until about the 16th of this month Taizhou Liancheng 450,000 tons of PVC started 60%, shipment is a single talk, no quotation to the outside world Taizhou Liancheng 450,000 tons of PVC started 60%, shipment is a single talk, no quotation to the outside world Inner Mongolia Gilantai Start construction 80%, wait and see for the time being Inner Mongolia Gilantai Start construction 80%, wait and see for the time being Suzhou Huasu The start of construction is 60%, and the quotation is high Suzhou Huasu The start of construction is 60%, and the quotation is high Inner Mongolia Wuhai Chemical The start of construction is 90%, and the quotation is stable Inner Mongolia Wuhai Chemical The start of construction is 90%, and the quotation is stable

Upstream impact: Oil prices tumbled
as U.
S.
crude oil inventories rose for the ninth consecutive week last week, much more than expected, and the dollar rose strongly.
U.
S.
WTI crude futures fell 5.
34% to $50.
30 a barrel; Brent crude futures fell 4.
71 percent to $53.
02 a barrel
.
On the 3rd and 8th, the Asian ethylene market quotation was stable, and CFR Northeast Asia reported 1314.
5-1316.
5 US dollars / ton; CFR Southeast Asia is trading at $1124.
5-1126.
5/mt
.

Market analysis in various places: the PVC market atmosphere in Guangzhou is calm, the downstream procurement enthusiasm is general, the transaction volume is not large, and some transaction prices are slightly loosened
.
Ordinary type 5 calcium carbide mainstream 6380-6440 yuan / ton self-pickup, Sanlian 5 type 6400 yuan / ton self-pickup, Tianhu / Dongxing / Jilantai 5 type 6430 yuan / ton self-pickup, Oriental Hope / Xinfa 5 type 6450 yuan / ton self-pickup, Zhongtai 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
.
The PVC market in Hebei has a calm atmosphere, downstream on-demand procurement, tepid trading volume, stable mainstream prices, and some real orders can be discussed
.
Type 5 materials are delivered without tax 5880-5940 yuan / ton, including tax 6320-6390 yuan / ton, and a few lower prices still exist
.

At present, most commodities have fallen, PVC futures trend is weak, coupled with the impact of environmental protection policies, the volume of market trading in various places has declined, and the wait-and-see mentality of merchants is once again strong, mainly cautious and wait-and-see
.
It is expected that the PVC market will be weak and volatile in the short term
.

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