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PVC market quotations were stable, with a slight decline
in some areas.
The ex-factory price of some petrochemicals was reduced, and the cost support was weakened
.
Environmental inspections have begun again, merchants' mentality has diverged, and the overall transaction volume has declined
.
Downstream terminals are mainly purchased on demand, and transactions remain light
.
Domestic PVC petrochemical factory price on February 17:
| trademark | factory | Quote today | Yesterday's quote | Change |
| SG3-5 | Henan Aerospace | 6500 | 6550 | -50 |
| SG3-5 | Shandong Xinfa | 6550 | 6650 | -100 |
| SG3-5 | Ningxia Yinglite | 6500 | 6500 | 0 |
| SG3-5 | Shanxi Yushe | 6300 | 6300 | 0 |
| SG3-5 | Sichuan Golden Road | 6800 | 6800 | 0 |
Device dynamics:
| factory | PVC installation dynamics on the 17th | ||
| Yibin Tianyuan | The plant started 90%, the daily output is 900 tons, and the supply is limited | ||
| Tarzan salinization | The equipment started 7-8 percent, the supply is not much, and the shipment is acceptable | ||
| Hunan Hengyang Jiantao | The plant started about 70%, with a daily output of about 400 tons | ||
| Chengdu Huarong, Sichuan | The plant started about 60%, with a daily output of 200 tons | ||
| Tangshan Sanyou | The plant started 90%, and the shipment was average | ||
| Xinjiang Yihua | The installation is scheduled to be stopped for inspection on the 17th or 18th of this month | ||
Upstream impact: International crude oil rose
slightly on the news that the Organization of the Petroleum Exporting Countries (OPEC) may extend the production cut.
WTI crude futures rose 0.
55 percent to $53.
40 a barrel and Brent crude futures rose 0.
13 percent to $55.
76 a barrel
.
On the 2nd and 16th, the Asian ethylene market quotation was stable, and CFR Northeast Asia held steady at 1309.
5-1311.
5 US dollars / ton; CFR Southeast Asia held steady at $1109.
5-1111.
5/mt
.
Market analysis in various places: the PVC market in Guangzhou continues to be calm, the demand is general, the trading volume is low, the mainstream price fluctuation is not large, and a few transaction prices continue to loosen
.
Ordinary type 5 calcium carbide mainstream 6650-6690 yuan / ton self-pickup, Nanphos / Dongxing 5 type 6650 yuan / ton self-pickup, Xinfa / Dongfang hope / Shaanxi Jintai / Erong 5 type 6680 yuan / ton self-pickup, Zhongtai / Junzheng 5 type 6700 yuan / ton self-pickup, Tianye 5 type 6850 yuan / ton self-pickup
.
The quotation of ethylene material is slightly loose, the mainstream price is 7100-7200 yuan / ton self-pickup, and Dagu 1000 type is reported at 7130 yuan / ton self-pickup
.
Changzhou PVC market shipments are not smooth, traders lower quotations, let profit
shipments.
The mainstream of ordinary type 5 calcium carbide is 6600-6700 yuan / ton, and there is still a discount
of about 30 yuan / ton for some sources.
Xinjiang Yihua, Yanhua self-pickup 6600 yuan / ton, Junzheng, Beiyuan 5 type self-pickup 6670 yuan / ton, Zhongtai 5 type self-pickup 6700 yuan / ton, ethylene quotation is stable, Qilu S1000 to 7180 yuan / ton, Qilu S700 to 7300 yuan / ton, the transaction is general
.
PVC market quotations were slightly
reduced.
PVC social inventory is high, and futures shock falls
.
From the perspective of demand, at present, the enthusiasm of downstream factories to receive goods is limited, the enthusiasm for taking goods is not high, and the market mentality is weak
.
The Beijing-Tianjin-Hebei environmental protection supervision has begun to be launched, and it will be difficult for some small and medium-sized product enterprises that do not meet environmental protection standards to resume work, and the subsequent development still needs to be waited and seen
.
It is expected that the short-term PVC market may be overcast
.
