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    Home > Chemicals Industry > New Chemical Materials > PVC morning review on May 9

    PVC morning review on May 9

    • Last Update: 2022-12-02
    • Source: Internet
    • Author: User
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    On Friday, the PVC1609 contract closed up in volatility, testing support around 5000 below, pressure around 5150 above, short-term or maintaining range volatility, short-term recommended to trade
    in the 5000-5150 range.

    PVC

    News side: 1, China Salt Jilantai PVC 400,000 tons / year plant started about 80%, the new quotation of the enterprise was lowered, the range was 50 yuan / ton, calcium carbide method 5 type factory report 5150 yuan / ton acceptance self-pickup, the enterprise inventory is reasonable, the transaction is flexible and negotiable
    .

    Raw material prices: 1, Japan naphtha CF Japan reported 387.
    25 yuan / ton, down 7.
    75; naphtha FOB Singapore reported 41.
    12 US dollars / barrel, down 0.
    97
    .
    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 fell
    slightly.
    North China calcium carbide law reported 5270 yuan / ton, flat; ethylene law reported 5530 yuan / ton, flat; East China calcium carbide method reported 5300 yuan / ton, flat, ethylene law reported 5700 yuan / ton, flat
    .
    South China calcium carbide method reported 5250, down 30, 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
    .

    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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