echemi logo
Product
  • Product
  • Supplier
  • Inquiry
    Home > Chemicals Industry > New Chemical Materials > PVC market quotations rose, and business confidence was greatly boosted

    PVC market quotations rose, and business confidence was greatly boosted

    • Last Update: 2022-12-05
    • Source: Internet
    • Author: User
    Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com

    In the last trading day, the trading atmosphere of the domestic PVC market was active, and the confidence of merchants in the spot market was
    boosted.
    Upstream inventories remained low, traders were full of confidence, and on-market quotations continued to rise
    .

    PVC market

    In the spot market, the mainstream transaction price of calcium carbide SG-5 in the East China market was 5950-6150 yuan / ton; The mainstream transaction price of calcium carbide SG-5 in the South China market is 5980-6100 yuan / ton; The mainstream transaction volume of SG-5 before tax in North China was 5450-5500 yuan / ton
    .

    From the perspective of device maintenance, Salt Lake Haina failed to stop on February 14; Xinjiang Yihua stopped on February 17; Inner Mongolia Junzheng began maintenance on the evening of April 16 and ended maintenance on May 7; Jin Yuyuan plans to overhaul at 12 p.
    m.
    on April 25, and plans to overhaul for a week; Xinjiang Shengxiong's 250,000-ton old device was stopped for maintenance; Yibin Tianyuan's 380,000-ton unit was overhauled on May 3; Henan Lianchuang 300,000 tons of equipment was overhauled on May 5; Yangmei Hengtong was overhauled on May 7, and it is planned to overhaul for 20 days; Qilu Petrochemical's 250,000-ton maintenance began today and is scheduled to be overhauled for 45 days
    .

    The mentality of spot merchants has been boosted by it, and the intention to ship at a high price is strong
    .
    Upstream enterprises have more maintenance, the supply is reduced, the inventory pressure is not large, and the price is mainly
    high.
    Traders sharply revised their quotes higher on the back of futures
    .
    It is expected that the domestic PVC market will continue to rise
    in the next trading day.

     

    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.