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Last week's PVC fell by 2.
54%, and the domestic mainstream average price of PVC on December 20 was 8440 yuan / ton, down 220 yuan / ton from the price of 8660 yuan / ton at the beginning of last week, down 0.
58%
compared with the same period last year.
Last week, the PVC market continued to be weak, and prices continued to decline, falling 2.
54% during the week, and the market center of gravity continued to shift
.
External prices, as of now, CFR China fell 50 to $1350 / ton, CFR Southeast Asia fell 100 to $1350 / ton, CFR India fell 10 to $1590 / ton
.
Taiwan Formosa Plastics lowered its PVC quotation in January 2022, FOB Taiwan fell 190 to quote 1270 US dollars / ton, CIF China fell 130 to 1360 US dollars / ton, CIF India fell 120 to 1590 US dollars / ton, CIF Northeast Asia fell 100 to 1430 US dollars / ton
.
Recently, the market is still hard to find, PVC prices are steadily lowered, the daily decline is about 1% narrow adjustment, 20th, although the futures price has a certain rebound, but the impact on the spot market is limited, a small number of companies to test the rebound, helpless demand off-season, high price transmission is not smooth, price push up difficult
。 At present, the demand in the off-season is gradually weakening, especially in the northern region cooling obviously, the start of the decline, the demand is reduced, other mainstream areas are the same, the downstream purchasing sentiment is negative, maintain rigid demand, the market trading atmosphere is general, up to now the domestic PVC5 calcium carbide enterprises quotation range is around 8200-8700 yuan / ton, ethylene enterprise quotation range is more than 9350-9500 yuan / ton, bearish dominance, PVC prices are lower
.
International crude oil, on December 20, international oil prices fell
.
The main contract of U.
S.
WTI crude oil futures settled at $68.
61 per barrel, down $2.
11 or 2.
98%, and the main contract for Brent crude futures settled at $71.
52 per barrel, down $2.
0 or 2.
7%.
Oil prices fell to their lowest level since December, as the number of new cases of the Omicron variant in Europe and the United States soared, raising concerns about the outlook for economic demand and the possibility of weakening fuel demand.
calcium carbide, in late December, calcium carbide market or small shock decline
.
The price of raw material blue charcoal fell slightly, the cost support of calcium carbide weakened, and the downstream PVC market was also in a downward trend, the market was difficult to improve, and downstream demand weakened
.
The future market predicts that in late December, calcium carbide prices in the northwest region may fluctuate slightly
.
Recently, PVC prices are still the following behavior, enterprises continue to reduce prices to sell profits, but in the off-season of demand, the market trading atmosphere is general, coupled with the decline of raw materials, the market bearish atmosphere is pervasive, it is expected that the PVC market is prone to fall and rise
.
