PVC morning review on June 13

Raw material prices: 1, Japan naphtha CF Japan reported 427.
75 yuan / ton, up 0.
13; naphtha FOB Singapore reported 45.
61 US dollars / barrel, down 0.
03
.
Ethylene CFR Northeast Asia was flat at $1,055/mt, and CFR Southeast Asia was flat at $1,045/mt
.

Spot market: The price of some domestic PVC spot market is basically flat
.
North China calcium carbide law reported 5170 yuan / ton, flat; ethylene law reported 5470 yuan / ton, down 40; East China calcium carbide law reported 5260 yuan / ton, flat, ethylene law reported 5600 yuan / ton, flat
.
South China calcium carbide method reported 5220, flat, ethylene method 5650 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, Tangshan Sanyou PVC paste resin chlor-alkali 50,000 tons / year PVC paste resin unit is stopped for maintenance on the 7th, it is expected to be about a week, the early quotation reference: leather material XP170 execution 7700-7800 yuan / ton delivery, glove material XP140 slightly lower 100 yuan / ton, part of the acceptance price
.

Fundamentally, the spot market is under-traded, but the spot market price is stable, short-term profit-driven some devices have plans to resume production, and into the northern summer harvest season in June, demand slows down, market equipment maintenance is small, it is expected that the supply of the market will increase, and the PVC price has limited
upward momentum.