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Last week, PVC calcium carbide SG5 oscillated operation, the overall price slightly reduced, the average domestic PVC price at the beginning of the week was 6028.
57 yuan / ton, the weekend average price was 6022.
86 yuan / ton, the price within the week was reduced by 0.
09%.
At present, the overall trading situation of the market is relatively light, the actual transaction situation of the spot market is general, the enthusiasm for taking goods downstream is weak, the market confidence is insufficient, the actual transaction is more cautious, and the rigid demand is the mainstay
.
Up to now, the domestic PVC5 calcium carbide quotation range is mostly
around 5550-6450 yuan / ton.
In terms of crude oil, on November 17, international crude oil futures fell
sharply.
The main contract for U.
S.
WTI crude futures settled at $81.
64 a barrel, down $3.
95 or 4.
6 percent
.
WTI fell to its lowest level
since Oct.
3.
The main contract for Brent crude futures settled at $89.
87 a barrel, down $3.
08 or 3.
3 percent
.
In terms of calcium carbide, the average ex-factory price of mainstream manufacturers of calcium carbide in Northwest China fell from 3700 yuan / ton at the beginning of the week to 3683.
33 yuan / ton at the weekend, a decrease of 0.
45%.
The price of upstream blue charcoal was consolidated at a high level, the cost support was better, the downstream PVC market fell slightly, and the demand for calcium carbide weakened
.
PVC fluctuated slightly last week and was revised
down slightly.
Upstream calcium carbide was slightly lowered
.
Downstream demand is general, on-demand procurement is the mainstay, and new orders are cautious
.
It is expected that in the short term, the price of the PVC market will fluctuate and finish
.
Keep an eye on news surface changes
.