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The PVC market is weak and the demand is flat
.
Social inventory is still on the high side, and market confidence is insufficient
.
PVC futures volatility lower hit mentality, CNPC and petrochemical individual companies adjust factory prices, traders flexible goods, downstream factories insist on using and buying, the overall trading is still flat, the operation is more cautious, wait and see
.
March 8 domestic PVC petrochemical factory price
| trademark | factory | Quote today | Yesterday's quote | Change |
| SG3-5 | Henan Aerospace | 6400 | 6350 | +50 |
| SG3-5 | Shandong Xinfa | 5370 | 5340 | +30 |
| SG3-5 | Ningxia Yinglite | 6200 | 6200 | 0 |
| HS-1000 | Suzhou Huasu | 7300 | 7300 | 0 |
| S100 | Qilu Petrochemical | 6800 | 6800 | 0 |
Device dynamics
| factory | 8th PVC installation dynamics | ||
| Henan Haohua Aerospace | The operation is full load, and the daily output is about 1200 tons | ||
| Chengdu Huarong, Sichuan | The start of construction is about 60%, and the daily output is 200 tons | ||
| Tarzan salinization | Start 7-8 percent, shipment is average | ||
| Yibin Tianyuan | About 70% of the operation was started, and the daily output was 700 tons | ||
| Jiyuan, Henan | The operation is normal, and the daily output is 160-170 tons | ||
| Shanxi Yushe | The start of operation is basically full load, with a daily output of about 1,000 tons | ||
| Fang Dajinhua | The plant operates at full capacity with a daily output of 160-180 tons | ||
| Inner Mongolia Gilantai | The start of construction is 80%, and the quotation is stable | ||
Upstream impact: Crude oil closed slightly lower
on concerns about a recovery in U.
S.
production and a rebound in the U.
S.
dollar.
U.
S.
WTI crude futures fell 0.
15% to $53.
12 a barrel; Brent crude futures fell 0.
11 percent to $55.
88 a barrel
.
On the 3rd and 6th, the Asian ethylene market quotation fell, and CFR Northeast Asia held steady at 1314.
5-1316.
5 US dollars / ton; CFR Southeast Asia fell 20 to $1124.
5-1126.
5 / mt
.
Market analysis in various places: Wuxi PVC market quotation has declined
.
The mainstream of ordinary type 5 calcium carbide picks up 6400-6500 yuan / ton, and the narrow range allows the shipment
.
Salt flower self-pickup 6420 yuan / ton, Junzheng 5 type self-pickup 6470 yuan / ton, Zhongtai 5 type self-pickup 6530 yuan / ton, the actual single can be discussed
.
The PVC market quotation in Shanghai was temporarily consolidated, the trading was flat, and there was a high report and a low trend
.
Type 5 mainstream self-pickup quotation is 6430-6530 yuan / ton, the transaction can be negotiated, let the profit
shipment.
Tianchen 5 type self-pickup 6600 yuan / ton, Tianye 3 type self-pickup 6800 yuan / ton, Tianchen 8 type self-pickup 6850 yuan / ton, high price is difficult to trade
.
The overall atmosphere of the PVC market is not good, and the market is weak
.
Under the pressure of goods, traders have no shortage of small concessions
.
Downstream demand is not performing well, and the stalemate continues
.
Coupled with the absence of clear positive news guidance, the PVC market may continue to maintain a weak finish
.
