PVC morning review on April 28

Raw material prices: 1, Japan naphtha CF Japan reported 403.
62 yuan / ton, down 1.
5; naphtha FOB Singapore reported 43.
4 US dollars / barrel, down 0.
17
.
Ethylene CFR Northeast Asia was flat at $1190/mt, and CFR Southeast Asia was flat at $1145/mt
.

Spot market: The price of some domestic PVC spot market is basically flat
.
North China calcium carbide law reported 5270 yuan / ton, flat; ethylene law reported 5570 yuan / ton, flat; East China calcium carbide law reported 5360 yuan / ton, down 20, ethylene law reported 5700 yuan / ton, unchanged
.
South China calcium carbide method reported 5350, flat, ethylene method 5750 tons, flat
.
The price of raw materials was basically flat, East China reported 2700 yuan, flat, and Northwest reported 2240 yuan, flat
.

News side: 1, Shanxi Yushe PVC 300,000 tons / year device No.
4.
25 parking maintenance, is expected to last one week, calcium carbide method 5 to the surrounding factory to implement 5100 yuan / ton spot exchange, acceptance high 100 yuan / ton, the actual order is relatively flexible
.

Fundamentally, the downstream demand for high-priced raw materials has slowed down, and the market is mainly wait-and-see, but the relevant enterprises in the industry of Hefei Chlor-Alkali Conference reached a consensus on price insurance to maintain market stability, and calcium carbide prices are relatively strong in the short term, which supports PVC costs strongly, and the fundamentals are expected to maintain range-bound volatility in the short term
.