PVC market transaction is weak, shipments slightly down

U.
S.
WTI crude October futures closed down 1.
65 at $44.
70 a barrel, and Brent crude October futures closed down 1.
33 at $47.
04 a barrel
.

Upstream raw materials: Asian ethylene market is stable, CFR Northeast Asia closed 1194.
5-1196.
5 US dollars / ton, CFR Southeast Asia closed 1069.
5-1071.
5 US dollars / ton
.
The supply of calcium carbide is still tight, and the price center of gravity is deadlocked
.
Calcium carbide factory price in various places: Inner Mongolia Wuhai, Ordos area 2350-2400; Shizuishan Area, Ningxia 2350-2400; about 2450 in Zhongwei area; Shaanxi 2300-2400; Gansu area 2350-2450
.

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 5400-5450 yuan / ton; The mainstream acceptance factory in Shandong is 5450-5600 yuan / ton; The mainstream factory in Hebei is 5400-5450 yuan / ton acceptance; The mainstream factory in Shanxi is 5400-5450 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 5900-6000 yuan / ton, the real delivery in East China is 6200-6300 yuan / ton, and Taiwan's Formosa Plastics quotation in September is 850 US dollars / ton CFR China's main port
.

Market Dynamics:

East China ordinary type 5 calcium carbide mainstream report 5900-5970 yuan / ton, reference quotation: Qinghai Yihua 5930 yuan / ton, Shengxiong 5940 yuan / ton, Beiyuan 5950 yuan / ton, Zhongtai 5 type 5970 yuan / ton, Hubei Yihua 5980 yuan / ton, Junzheng 6000 yuan / ton, Beiyuan 3 type 6300 yuan / ton
.
The mainstream center of gravity of ethylene is strong, and the supply of ethylene materials of Qilu Petrochemical is tight, and the quotation of various models is 6450-6500 yuan / ton
.

North China PVC market Qilu Chemical City Qilu S700 type 6450 yuan / ton, S1000 reported 6420 yuan / ton self-pickup
.
calcium carbide 5770-5860 yuan / ton delivered
.
Linyi area about 6050 yuan / ton delivery
.
Hebei 5860 yuan / ton self-pickup
.
Tianjin area about 5880 yuan / ton warehouse pickup
.

The mainstream quotation of type 5 calcium carbide method in South China PVC market is 5900-6000 yuan / ton; Junzheng old factory 6000 yuan / ton, Yili, Zhongtai, Junzheng new factory, Tianhu, Erong 5980 yuan / ton, Xinfa 5960 yuan / ton; Eastern Hope 5940 yuan/ton; Salt Lake, Haina, Sanlian 5880 yuan / ton; Beiyuan 5 type 6050 yuan / ton, Tianye Tianchen Tianneng 6120 yuan / ton; Dagu 1000/800/700 reported 6580 yuan / ton, Dagu 1300 type reported 6630 yuan / ton
.

Today's plastic exchange PVC market shock pullback, commodity market volatility pullback, aggravate the wait-and-see mood of merchants, intraday traders rarely operate, the transaction is light, prices in various districts fell more than up
.
As of the close, the settlement price of South China of the 5th type in September was 6010 yuan (ton price, the same below), down 10 yuan; East China settlement price of 5960 yuan, down 10 yuan; North China settlement price of 5650 yuan, down 120 yuan; The ethylene settlement price was 6,500 yuan, down 5 yuan
.
Fundamentals: Today's domestic PVC market is mainly stable, traders in various markets stabilize price shipments, downstream follow-up enthusiasm is general, price reduction is obvious, market transaction price slightly pullback
.
Upstream PVC manufacturers do not receive orders well, but the inventory of manufacturers is low and they ship at high prices
.
It is expected that tomorrow's market will be
mainly sorted out in a narrow range.

At present, the transaction volume of the major domestic PVC markets is weak, and traders have slightly fallen
for shipments.
Affected by the G20 in East China, downstream product manufacturers are basically in a state of stagnation, and the market is relatively sluggish; In terms of manufacturers, today's prices have remained stable, but due to the low inventory of manufacturers, ex-factory prices have remained high; It is expected that tomorrow's market will be dominated
by weak consolidation.