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    Home > Chemicals Industry > New Chemical Materials > PVC morning review on May 13

    PVC morning review on May 13

    • Last Update: 2022-12-02
    • Source: Internet
    • Author: User
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    On Thursday, the PVC1609 contract was volatile and closed higher, testing support around 5050 below, pressure around 5150 above, short-term or maintaining range-bound, short-term recommended to trade
    in the 5050-5150 range.

    PVC

    Raw material prices: 1, Japan naphtha CF Japan reported 392.
    5 yuan / ton, up 8.
    25; naphtha FOB Singapore reported 41.
    72 US dollars / barrel, up 0.
    91
    .
    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 markets increased
    slightly.
    North China calcium carbide law reported 5230 yuan / ton, unchanged; Ethylene Law reported 5510 yuan / ton, flat; East China calcium carbide method reported 5250 yuan / ton, flat, ethylene law reported 5700 yuan / ton, flat
    .
    South China calcium carbide law report 5220, up 20, ethylene method 5780 tons, up 30
    .
    The price of raw materials was basically flat, with East China reporting 2700 yuan, flat, and Northwest reported 2240 yuan, flat
    .

    News side: 1.
    According to market news, Inner Mongolia Yili PVC 500,000 tons / year plant is expected to start maintenance around May 16 next week, which is expected to last about a week, and the specific trend still needs to be followed
    .

    Warehouse receipt data: 172
    .

    Fundamentally, the downstream demand for high-priced raw materials has slowed down, and the market is mainly wait-and-see, but the short-term strength of calcium carbide prices has a certain cost support for PVC, and the fundamentals are expected to maintain range-bound volatility in the short term
    .

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