PVC narrow range oscillation bearish atmosphere is strong

Upstream raw materials: Asian ethylene CFR Northeast Asia stable harvest at 1189.
5-1191.
5 US dollars / ton, CFR Southeast Asia stable at 1144.
5-1146.
5 US dollars / ton
.
Sporadic calcium carbide purchase prices rose, and the rest waited and watched
.
The distribution of calcium carbide sources is uneven, and the downstream arrival is still tight and sufficient, and the market is entangled
in the mentality of the future market.
It is expected that short-term procurement in various places will remain positive, and it will take time
for the tight supply of calcium carbide to ease significantly.

Enterprise dynamics: calcium carbide PVC production enterprises quotations are slightly loosened
.
Type 5 ordinary calcium carbide around the Inner Mongolia area mainstream acceptance factory 5250-5300 yuan / ton; The mainstream acceptance factory in Shandong is 5350-5450 yuan / ton; The mainstream factory in Hebei is 5200-5350 yuan / ton acceptance; The mainstream factory in Shanxi is 5250-5350 yuan / ton acceptance
.
The mainstream price of ethylene enterprises in East China is 5700-5800 yuan / ton
.

Domestic ethylene PVC enterprises as a whole are mostly stable for the time being
.
At present, Qilu Petrochemical, Tianjin Dagu and LG Dagu in North China are shipped to 5400-5600 yuan / ton, East China is delivered to 5700-5750 yuan / ton, and Taiwan Formosa Plastics quoted in April to 800 US dollars / ton CFR China's main port
.

Spot price: East China PVC market 5 mainstream quotation 5280-5380 yuan / ton
.
Yihua, Ejung 5300 yuan / ton, Yili 5350 yuan / ton, Yu 5350, Zhongtai 5 type 5 reported 5380 yuan / ton, 3, 8 type reported 5430 yuan / ton
.
Beiyuan 5400 yuan / ton, Junzheng 5340 yuan / ton, Tianchen Tianneng V type 5420-5450 yuan / ton
.
Ethylene 5750-5770 yuan / ton
.

North China PVC market Qilu Chemical City Qilu S700 type 5700 yuan / ton, 1000 reported 5530 yuan / ton self-pickup
.
calcium carbide 5230-5240 yuan / ton delivered
.
Linyi area 5300-5320 yuan / ton delivered
.
Hebei 5220-5340 yuan / ton delivered
.
Tianjin area 5270 yuan / ton warehouse pick-up, Tianjin Dagu, LG models 5600-5650 yuan / ton self-pickup
.

The mainstream quotation of type 5 calcium carbide method in South China PVC market is 5280-5400 yuan / ton, Junzheng 5280 yuan / ton, Zhongtai 5380 yuan / ton, Ordos 5300 yuan / ton, Mahatma and Tianhu 5280 yuan / ton, Oriental Hope 5320 yuan / ton, salt lake 5280 yuan / ton, Sanlian 5300 yuan / ton, Beiyuan 5330 yuan / ton, Tianchen and Tianneng 5400 yuan / ton
.
Dagu 700/800/1000 reported 5780 yuan / ton, Dagu 1300 reported 5950 yuan / ton; Hanwha 800/1000 reported 6000 yuan/tonne and 1300 reported 6200 yuan/tonne
.

The PVC market on the plastic exchange fluctuated
in a narrow range.
Price trends in various regions were mixed, with South China, Southwest and Northwest closing on a rising trend, East China closing on a downward trend, and Northwest Flat
on a flat trend.
As of the close, the settlement price in South China in May was 5394.
29 yuan (ton price, the same below), up 43.
59 yuan; East China settled at 5400 yuan, down 20 yuan; North China settled at 5210 yuan, up 10 yuan; and ethylene settlement price was 5810 yuan, up 10 yuan
.
Fundamentally, the domestic PVC market maintained a negative trend, the major markets performed poorly, the transaction continued to be sluggish, more wait-and-see attitude, traders let out shipments, quotations continued to decline
.
Upstream manufacturers began to fine-tune the factory price, and the quotation fell slightly
.
It is expected that the short-term plastic exchange PVC will maintain a weak shock pattern
.

Forecast for the future market: the domestic PVC market maintains a negative situation, the PVC market in the futures market continues to fluctuate and pullback, the bearish atmosphere in the market is strong, the PVC market in the spot market lacks favorable support, traders quote slowly falling, the terminal downstream follow-up is slow, and the market transaction is general
.
The quotations of upstream manufacturers are basically stable, and there are individual pullbacks
.
It is expected that the domestic PVC market will maintain a sluggish trend
in the short term.