echemi logo
Product
  • Product
  • Supplier
  • Inquiry
    Home > Chemicals Industry > New Chemical Materials > PVC morning review on April 25

    PVC morning review on April 25

    • Last Update: 2022-12-01
    • Source: Internet
    • Author: User
    Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com

    On Friday, the PVC1609 contract closed down in shock, testing support around 5100 below, pressure around 5250 above testing, short-term or maintaining range volatility, and it is recommended to go long
    in the 5100-5250 range during the day.

    PVC

    Raw material prices: 1, Japan naphtha CF Japan reported 391.
    62 yuan / ton, down 2; Naphtha FOB Singapore was trading at $42.
    09 a barrel, down 0.
    25
    .
    Ethylene CFR Northeast Asia was at $1190/ton, down 10, and CFR Southeast Asia was at $1145/ton, down 25
    .

    Spot market: The price of some domestic PVC spot market is basically flat
    .
    North China calcium carbide law reported 5250 yuan / ton, flat; ethylene law reported 5510 yuan / ton, flat; East China calcium carbide reported 5250 yuan / ton, flat, ethylene law reported 5720 yuan / ton, flat
    .
    South China calcium carbide method reported 5320, up 20, ethylene method 5750 tons, flat
    .
    The price of raw materials was basically flat, East China reported 2700 yuan, flat, and Northwest reported 2300 yuan, flat
    .

    News side: 1, Shandong Xinfa PVC quotation raised, the range of 30 yuan / ton, calcium carbide method 5 type implementation 5180 yuan / ton cash self-pickup, the company's 600,000 tons / year equipment normal production, the actual order can be discussed
    .

    In the short term, affected by the de-capacity of building materials, the sector rose, fundamentally, downstream demand followed up slowed down, and the market was mainly wait-and-see, but the relevant enterprises in the Hefei Chlor-Alkali Conference industry reached a consensus on price insurance, maintained market stability, boosted futures prices, and is expected to maintain range volatility
    in the short term.

    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.