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Last week, the PVC market fell sharply, down about 17%, the daily decline of enterprises was about 500 yuan / ton, the price hovered around 10,000 yuan, PVC futures continued to fall, although there was a rebound, but it was difficult to twist the overall situation, spot market prices continued to fall, PVC corporate profits were damaged, raw material calcium carbide prices fell to about 7200 yuan / ton, cost support declined, industry mentality is negative, market prices are more chaotic, a single discussion is most, but downstream procurement is still cautious, continue to maintain just need to purchase, Market pessimism is shrouded, holders have a strong intention to make profits and shipments, and the center of gravity is rapidly shifting
.
In terms of spot, the current quotation range of domestic PVC5 calcium carbide enterprises is around 11000-12500 yuan / ton, and the range of PVC5 calcium carbide in Hangzhou is 9880-9950 yuan / ton; The mainstream of PVC5 calcium carbide in Tianjin is 9700-10000 yuan / ton; The mainstream price of PVC ordinary calcium carbide in Guangzhou is 10450-10600 yuan / ton, and the market price in various parts of the country continues to decline
.
On October 28, international oil prices stabilized after falling, U.
S.
WTI crude oil futures rose slightly, the main contract settlement price was 82.
81 US dollars / barrel, up 0.
15 US dollars or 0.
18%, Brent crude oil futures fell slightly, the main contract settlement price was 83.
66 US dollars / barrel, down 0.
21 US dollars or 0.
25%.
In the previous trading day, affected by the surge in US crude oil inventories and rumors of the resumption of Iranian nuclear negotiations, oil prices fell sharply, and the market is gradually returning to rationality, stopping the decline and stabilizing
.
Ethylene, the price of ethylene in October fluctuated and rose, the average price of ethylene at the beginning of the month was 1125.
25 US dollars / ton, the average price of ethylene at the end of the month was 1186.
75 US dollars / ton, up 5.
47%, the current price increased by 6.
10% month-on-month, and the current price increased by 58.
13%
year-on-year.
At present, crude oil: the economy is gradually recovering, demand continues to improve, and the high price of raw materials supports the cost of ethylene, and it is expected that the price of ethylene will rise next
.
calcium carbide, on October 29, the factory price of northwest calcium carbide fell sharply to 7200-7600 yuan / ton, the downstream PVC market fell slightly recently, and downstream customers were generally enthusiastic about calcium carbide procurement
.
At present, the power limit is relaxed, the production of calcium carbide has increased, and the future market is expected to fall slightly
.
At present, the macro policy news guides, the market continues to be weak, raw material prices fall, PVC market bearish factors are obvious, and the market is weak
.
