echemi logo
Product
  • Product
  • Supplier
  • Inquiry
    Home > Chemicals Industry > New Chemical Materials > PVC market consolidation at a high level, market speculation atmosphere down

    PVC market consolidation at a high level, market speculation atmosphere down

    • Last Update: 2022-12-02
    • Source: Internet
    • Author: User
    Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com

    Today, the domestic PVC market is consolidating at a high level, the market speculation atmosphere has fallen, traders' quotations have remained stable, there are few changes, the market transaction has returned to calm, and all participants have a wait-and-see attitude; Prices of upstream manufacturers remained stable
    .

    PVC

    U.
    S.
    WTI crude oil for August futures closed down 2.
    39 at $46.
    60 a barrel
    .
    Brent crude for September futures closed down 2.
    14 at $47.
    96 a barrel
    .

    Upstream raw materials: Asian ethylene prices remained stable, CFR Northeast Asia closed at 1124.
    5-1126.
    5 US dollars / ton, CFR Southeast Asia closed at 1094.
    5-1096.
    5 US dollars / ton
    .
    The shipment of calcium carbide enterprises is general, and the enterprises are mostly manifested in the increase in the time of unloading such as downstream
    .
    Factory price of calcium carbide in various places: the mainstream factory price of calcium carbide in Wuhai and Ordos areas of Inner Mongolia is 2100-2150 yuan / ton; The factory price of calcium carbide in Shizuishan area of Ningxia is 2150-2200 yuan / ton; Zhongwei area quotation 2200-2250 yuan / ton; Shaanxi factory 2100-2170 yuan / ton; Gansu area 2200-2250 yuan / ton
    .

    Company dynamics: calcium carbide PVC production enterprise quotations returned to calm
    .
    Type 5 ordinary calcium carbide around the surrounding mainstream acceptance factory in Inner Mongolia area 5100-5300 yuan / ton; The mainstream acceptance factory in Shandong is 5200-5300 yuan / ton; The mainstream factory in Hebei is 5150-5250 yuan / ton acceptance; The mainstream factory in Shanxi is 5150-5250 yuan / ton acceptance
    .
    The mainstream price of ethylene enterprises in East China is 5600-5650 yuan / ton
    .

    Domestic ethylene PVC enterprises as a whole are mostly stable for the time being
    .
    At present, Qilu Petrochemical, Tianjin Dagu and LG Dagu in North China are shipped to 5400-5600 yuan / ton, and the real delivery in East China is 5600-5700 yuan / ton, and Taiwan's Formosa Plastics quotation in June is 800 US dollars / ton CFR China's main port
    .

    Today's PVC market on the plastic exchange is volatile and sorted, and the trend of contracts in various regions is different, with mixed ups and downs; From the perspective of the plate, the east and northwest of the type calcium carbide PVC on July 5 closed with a slight upward trend, and the rest of the districts closed down, and the trading volume was average; As of the close, the settlement price of South China in July was 5602 yuan (ton price, the same below), down 135.
    17 yuan; the settlement price of East China was 5600 yuan, up 40 yuan; the settlement price of North China was 5200 yuan, down 58.
    83 yuan; and the settlement price of ethylene method was 5710 yuan, up 10 yuan
    .
    Fundamentally, today's domestic PVC market is consolidating at a high level, the market speculation atmosphere has fallen, traders' quotations have remained stable, there are few changes, market transactions have returned to calm, and participants have a wait-and-see attitude; The price of upstream manufacturers remains stable, and it is expected that the short-term plastic exchange PVC market will be mainly
    sorted out at a high level.

    The commodity market fluctuated and pulled, the spot PVC market returned to calm, and the market quotations of various traders were basically stable, and some of them increased
    .
    After the procurement in the past few days, the enthusiasm of downstream manufacturers for procurement has gradually slowed down, and the market transaction has declined; Upstream manufacturers continue to ship at high prices, high market prices are supported, tomorrow's market conditions will be mainly stable sorting, and all parties continue to wait and see
    .

    This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.

    Contact Us

    The source of this page with content of products and services is from Internet, which doesn't represent ECHEMI's opinion. If you have any queries, please write to service@echemi.com. It will be replied within 5 days.

    Moreover, if you find any instances of plagiarism from the page, please send email to service@echemi.com with relevant evidence.