PVC market shock sorting out The wait-and-see atmosphere is strong

U.
S.
WTI crude for February futures closed up $0.
93 at $53.
36 a barrel
.
Brent crude for March futures closed up $0.
99 at $56.
46 a barrel
.

Upstream raw materials: Asian ethylene prices are stable, CFR Northeast Asia is stable at 1139.
5-1141.
5 US dollars / ton, CFR Southeast Asia is stable at 979.
5-981.
5 US dollars / ton
.
The demand for calcium carbide is stable, the company's shipments are normal, and individual shipments are not as good as in the previous period
.
Factory price of calcium carbide in various places: 2600-2650 yuan / ton in Wuhai and Ordos areas of Inner Mongolia; Ningxia Shizuishan area 2600-2650 yuan / ton; Zhongwei area 2650-2700 yuan / ton; Shaanxi 2650 yuan/ton; Gansu area 2750-2800 yuan / ton
.

Enterprise dynamics: calcium carbide PVC production enterprises are shipped at a high price
.
Type 5 ordinary calcium carbide around the surrounding mainstream acceptance factory in Inner Mongolia area 6000-6100 yuan / ton; The mainstream acceptance factory in Shandong is 6600-6700 yuan / ton; The mainstream factory in Hebei is about 6600 yuan / ton acceptance; The mainstream factory in Shanxi is 6900 yuan / ton acceptance
.
Domestic ethylene PVC enterprises as a whole are mostly stable for the time being
.
At present, Qilu Petrochemical, Tianjin Dagu and LG Dagu in North China are shipped to 7800-7900 yuan / ton, East China is delivered to 7900-8000 yuan / ton, and Taiwan Formosa Plastics quoted in December to 970 US dollars / ton CFR China's main port
.

Market Dynamics:

The mainstream quotation of PVC market in East China is 6250-6400 yuan / ton; Zhongtai 6400-6450 yuan / ton, Yinglite 6250 yuan / ton, Beiyuan 6300 yuan / ton, Yushe 6350 yuan / ton, Tianchen Tianneng 6570 yuan / ton, Jinyu yuan 6370 yuan / ton, Tianhu 6300 yuan / ton; Ethylene Qilu S1000 reported 7250 yuan / ton, Qilu S700 reported 7750 yuan / ton
.

North China PVC market Qilu Chemical City Qilu S700 type 7750 yuan / ton, S1000 reported 7380 yuan / ton self-pickup
.
Calcium carbide 6300-6400 yuan / ton is delivered
.
Linyi area about 6400 yuan / ton delivery
.
Hebei 6220 yuan / ton self-pickup
.
Tianjin area about 6250 yuan / ton warehouse pick-up
.

The mainstream quotation of type 5 calcium carbide method in South China PVC market is 6300-6400 yuan / ton; Hengtong 6500 yuan / ton, Yili, Junzheng old factory 6450 yuan / ton, Junzhengxin 6420 yuan / ton, Oriental Hope, Tianhu, Xinfa 6380 yuan / ton, Jilantai, Dongxing 6350 yuan / ton, Inner Mongolia Yihua, Yanhu 6330 yuan / ton, Jinhua 6320 yuan / ton, Sanlian 6300 yuan / ton, Tianhu 6300 yuan / ton; Tianchen, Tianneng and Tianye 6550 yuan / ton; Dagu 1000/700/800 reported 7500 yuan/ton, Dagu 1300 reported 7750 yuan/tonne, and Hanwha HG-1000F reported 8100 yuan/tonne
.

Today's PVC market on the plastic exchange fluctuated and sorted, intraday traders have a strong wait-and-see atmosphere, and after New Year's Day, some downstream factories have been on holiday, the consumption of PVC continues to decline, and the intraday districts are generally less traded; As of the close, the settlement price in South China in January was 6,300 yuan (ton price, the same below), up 82 yuan; East China settled at 6,395 yuan, down 5 yuan; North China settled at 6150 yuan, down 20 yuan; The northwest settlement price was 6186 yuan, up 186 yuan; The ethylene settlement price was 7200 yuan, down 5 yuan
.
Fundamentally: today's domestic PVC market performance is relatively flat, traders narrow concessions to facilitate transactions, northern market transactions slightly improved, East China, South China market is still not performing well, but the overall price exploration space is limited, I heard that some downstream merchants have stockpiled intentions
.
The inventory of upstream manufacturers is gradually increasing, and it continues to actively ship, and it is expected that tomorrow's PVC market will still be dominated by a narrow decline
.

The domestic PVC market is still sideways in place, and the phenomenon of low-end transactions has increased
due to the concentrated arrival of goods in transit and the difficulty of finding the support of favorable factors in the market.
In terms of ethylene, the huge price difference with calcium carbide has affected the shipment of ethylene to a certain extent, and the price of individual low-end models has been continuously reduced
.
It is expected that tomorrow's market will still be mainly negative
.