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In the last session, PVC fell more than 2%, and the decline slowed down in overnight trading, closing at 8585 points
.
After the return of the Dragon Boat Festival, the PVC market continued to weaken, the price of goods fell by more than 2% on the 17th, driving the spot price trend, the company lowered by about 50-100 yuan / ton within the day, and the price was lowered by different ranges everywhere, the quotation was mostly in the range of 9150-9250 yuan / ton, and the overall center of gravity was slightly downward, but the price was still high
.
Recently, PVC prices have fallen continuously, in addition to macro factors, their own fundamentals have weakened; This week's maintenance is less than last week, and production is increased; Downstream purchasing enthusiasm decreased slightly under the seasonal off-season and high prices; However, high calcium carbide prices and low inventories will support PVC prices, which are expected to remain volatile
in the short term.
In terms of market, the mainstream price of calcium carbide PVC in East China is 9020-9120 yuan / ton, and the ethylene method of PVC in East China is 9350-9350 yuan / ton; The price of calcium carbide mainstream calcium carbide is 4750-5120 yuan / ton; As of June 11, the total inventory of sample warehouses in East and South China was 152,400 tons, less than in previous years in the same period; the calcium carbide PVC operating load was 84.
07%, an increase of 6.
86 percentage points from the previous month; the ethylene PVC operating load was 81.
56%, down 0.
99 percentage points from the previous month; the profit per ton of Shandong purchased calcium carbide PVC enterprises was about 700 yuan / ton, and the ethylene method loss
in East China.
At present, the price of raw material calcium carbide has risen by 12% in June, and the cost support is gradually strengthening, so it is difficult for PVC to fall sharply, but the downstream has entered the off-season, the demand side is expected to weaken, and the downstream industry is mostly in a wait-and-see situation, continuing to maintain the purchase of rigid needs, and the holders of goods make profits and shipments, and there is a certain space
for negotiation.
In the short term, the PVC market is relatively glue, the price is mainly fluctuating, and it is difficult to be optimistic
about the future market.
