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    Home > Chemicals Industry > New Chemical Materials > PVC morning review on May 4

    PVC morning review on May 4

    • Last Update: 2022-12-02
    • Source: Internet
    • Author: User
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    On Tuesday, the PVC1609 contract closed in volatility, testing support around 5100 below, pressure around 5250 above, short-term or maintaining range-bound, intraday recommended trading
    in the 5100-5250 range.

    PVC

    Raw material prices: 1.
    Japan naphtha CF Japan reported 422.
    75 yuan / ton, flat; Naphtha FOB Singapore was flat at $45.
    18 a barrel
    .
    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, flat, ethylene law reported 5700 yuan / ton, flat
    .
    South China calcium carbide law reported 5320, down 20, 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, Shaanxi Jintai PVC 270,000 tons / year PVC plant is currently under shutdown and maintenance, for about 7-10 days, calcium carbide method 5 type material is temporarily not quoted to the public, inventory to maintain fixed customers
    .

    Fundamentally, the downstream demand for high-priced raw materials has slowed down, and the market is mainly wait-and-see, but calcium carbide prices are relatively firm in the short term, which strengthens the support for PVC costs, and the fundamentals are expected to maintain range-bound
    volatility in the short term.

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