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Recently, the price of the PVC market has risen, but the peak season is expected to be insufficient, and the increase is not large
.
Recently, PVC futures fluctuated at a high level, rushed back down, and the spot market price did not change much, relatively stable
.
Although PVC gradually walked out of the traditional off-season and entered the golden peak season, the demand side is still following the general, the off-season constraints have not retreated, the downstream still holds a wait-and-see attitude, maintains just need to purchase, has limited ability to receive goods at high prices, the transaction atmosphere is not high, and the PVC support on the demand side is expected to be insufficient
.
Recently, PVC companies still have maintenance plans, inventory has declined, the pressure on the supply side is not large, and the support for PVC is acceptable
.
In the short term, there is no major contradiction in PVC fundamentals, and under the condition that the macro direction remains unchanged, the price in the peak season is still expected to rise, but it is still necessary to pay attention to the support of the demand side
.
In terms of supply and demand, the recent maintenance enterprises include Wuhai Chemical, Tianjin LG and other enterprises, the number is too large, resulting in a slight decline in the overall operating rate, the loss has increased compared with last week, and in September, there are Inner Mongolia Yihua, Ningxia Yinglite and other enterprises new enterprises, the supply side still has support
.
On the demand side, the downstream follow-up is general, the start of large manufacturers is maintained at about seven or eight percent, the start of pipe enterprises has declined slightly, merchants have a cautious wait-and-see attitude, market activity is not high, overall, the contradiction between supply and demand is not large, and the PVC market is still good
.
In terms of spot, as of September 4, the mainstream quotation range of domestic PVC5 calcium carbide is around 6400-6700 yuan / ton
.
At present, the mainstream of PVC5 calcium carbide in East China is 6630-6700 yuan / ton, the mainstream of PVC5 calcium carbide in Hebei is 6420-6520 yuan / ton, the price of Inner Mongolia source factory including tax is 6200-6300 yuan / ton, the PVC5 calcium carbide range in Hangzhou is 6580-6650 yuan / ton, and the mainstream of PVC5 calcium carbide in Changzhou is 6590-6620 yuan / ton; The mainstream price of PVC ordinary calcium carbide in Guangzhou is 6620-6720 yuan / ton, and the quotations in various places are mainly consolidated, with little fluctuation
.
Upstream crude oil, on the 3rd, the price of U.
S.
WTI crude oil futures market fell, and the main contract settlement price was $41.
37 / barrel, down $0.
14
.
Brent crude futures market prices fell, with the main contract settling at $44.
07 a barrel, down $0.
36
.
It seems that oil prices are likely to continue to be volatile in the near term
.
Ethylene, supported by costs, the ethylene external market rose slightly
.
As of the 3rd, the price is 721.
25 Asian ethylene market rises, European and American ethylene market conditions are mainly stable, demand is acceptable, affected by the decline in upstream crude oil prices, the later ethylene market may be mainly down.
calcium carbide, as of the 4th, the price of calcium carbide is around
2740 yuan / ton.
The price of upstream raw materials is consolidated, the price of calcium carbide is generally supported, the downstream PVC market has risen slightly recently, downstream customers are generally active in calcium carbide procurement, and calcium carbide supply is normal
.
After the market, the calcium carbide rose slightly
.
Entering September, although the maintenance enterprises are reduced, but the demand side gradually enters the peak season, the supply and demand pattern is relatively balanced, there is no big contradiction, macro warmth and futures shock is strong, the PVC market is good, it is expected to continue the shock trend in the short term, and the future market needs to pay attention to the demand side follow-up
.
