PVC spot prices fall and market demand is not good

PVC domestic spot market prices fell
last week.
At present, the spot market is weak, the market price has fallen slightly, the actual transaction is limited, the market trading atmosphere is light, and the confidence is insufficient
.
Last week, futures prices fell continuously from Monday to Wednesday, weighing on market confidence
.
Up to now, the domestic PVC5 calcium carbide quotation range is mostly around 6070-6470 yuan / ton
.

In terms of crude oil, on September 22, international crude oil futures rose, and the settlement price of the main contract of U.
S.
WTI crude oil futures was $83.
49 / barrel, an increase of $0.
55 or 0.
7%; The main contract for Brent crude futures settled at $90.
46 a barrel, up $0.
63 or 0.
7 percent
.
The impact of the Fed's interest rate hike has faded, and the market focus has returned to the supply side, on the one hand, there are concerns about the risk of a decline in Russian oil supply; Oil prices were supported by expectations of increased demand from China and heightened geopolitical risks
.

In terms of calcium carbide, the price of calcium carbide in the northwest last week rose
.
Last week, the average ex-factory price of mainstream manufacturers of Northwest calcium carbide rose from 3616.
67 yuan / ton to 3700 yuan / ton at the weekend, an increase of 2.
3%.

The price of upstream blue charcoal rose slightly, the cost support was better, the downstream PVC market was down, and the demand for calcium carbide was general
.

PVC spot prices fell last week, market demand was not good, new orders were limited, market trading atmosphere was empty, and three consecutive declines in early weeks suppressed spot market confidence
.
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
.