-
Categories
-
Pharmaceutical Intermediates
-
Active Pharmaceutical Ingredients
-
Food Additives
- Industrial Coatings
- Agrochemicals
- Dyes and Pigments
- Surfactant
- Flavors and Fragrances
- Chemical Reagents
- Catalyst and Auxiliary
- Natural Products
- Inorganic Chemistry
-
Organic Chemistry
-
Biochemical Engineering
- Analytical Chemistry
-
Cosmetic Ingredient
- Water Treatment Chemical
-
Pharmaceutical Intermediates
Promotion
ECHEMI Mall
Wholesale
Weekly Price
Exhibition
News
-
Trade Service
As of 9.
1, PVC futures prices remained volatile
.
The market expects the probability of a 75 basis point rate hike by the Fed in September to rise; PVC fundamentals have improved slightly in the short term, but social stocks are still high; Some devices on the supply side have unexpectedly stopped and the start time is uncertain; Although the spot price rose slightly, the transaction follow-up was not good
.
Futures market: as of 9.
1, the main PVC closed at 6302 yuan / ton, up 0.
9% from the previous month; Top 20 main long positions: 282186 (+2123), short positions: 305846 (-2824), net short positions: 23660 (-7665).
Spot and enterprise dynamics: as of 9.
1 days, East China (calcium carbide method) quotation: 6500 yuan / ton (+10); South China (calcium carbide method) quotation: 6605 yuan / ton (+25); Shanxi Ruiheng 600,000 tons/year PVC plant started normally, the factory price of 5 type material acceptance rose 50 yuan / ton to 6300 yuan / ton, and the current exchange rate was 50 yuan / ton; Lutai Chemical's 360,000-ton PVC plant started about 40%, the price was stable, and the 5-type factory reported 6410 yuan / ton in cash
Basis: As of 9.
1 South China basis +303; East China basis +198; basis slightly weakened
.
Upstream raw materials: as of 9.
1, the quotation of North China calcium carbide was 4090 yuan / ton, which was no change from yesterday's price; Shaanxi Lanchar quoted 1516 yuan / ton, no change
from yesterday's price.
PVC prices remained volatile
during the day.
Expectations of a 75 basis point rate hike in September have risen, and we should pay close attention to this Friday's non-farm payrolls data: if the non-farm payrolls data falls sharply, expectations of a sharp Fed rate hike will cool; In the process of crude oil falling, domestic PVC is relatively resistant, and it is not ruled out that the price begins to reflect its own fundamental logic; However, combined with the current PVC fundamentals, although there is an unexpected shutdown in the short term, the impact of supply reduction, but high inventory and sluggish demand still suppress prices; In summary, PVC prices will still operate in a narrow range for a period of time in the future, and it is recommended to wait and see
.
