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The spot market price of PVC SG5 fell in September, with the average domestic PVC price of 6461.
43 yuan / ton on September 1 and 6265.
71 yuan / ton on September 30, down 3.
03%
within the month.
In September, the market price of PVC calcium carbide SG5 first rose and then fell, and the overall trend fell mainly
.
In the first half of September, PVC rose steadily, downstream inquiries increased, and the market trading atmosphere was acceptable
.
In the second half of September, prices fell, the spot market weakened, futures prices fell, affecting the confidence of the spot market, the spot market price fell, the actual transaction was limited, and the market trading atmosphere was light
.
Up to now, the domestic PVC 5 calcium carbide quotation range is mostly
around 6000-6450 yuan / ton.
In terms of international crude oil, on September 29, international crude oil futures closed down, and the settlement price of the main contract of U.
S.
WTI crude oil futures was $81.
23 / barrel, down $0.
92 or 1.
12%; The main contract for Brent crude futures settled at $87.
18 a barrel, down $0.
87 or 0.
99%.
The Organization of the Petroleum Exporting Countries and its allies (OPEC+) will hold a ministerial meeting next week after Russia proposed a 1 million b/d cut in oil prices after oil prices rebounded
in the previous two sessions.
Oil prices closed lower on Thursday as markets weighed against the risk of recession and remained under pressure
.
In terms of calcium carbide, the mainstream ex-factory price of calcium carbide in the northwest region in September fluctuated in a narrow range
.
The price of calcium carbide first rose from 3700.
00 yuan / ton on September 1 to 3733.
33 yuan / ton on September 2, an increase of 0.
90%.
Stability maintenance will operate until September 8
.
Then fell to 3616.
67 yuan / ton on September 16, down 3.
12%.
Finally, it rose to 3700.
00 yuan / ton at the end of the month, an increase of 2.
20%.
The month-end price decreased by 50.
11%
year-on-year compared with the same period last year.
The future market predicts that the price of calcium carbide in the northwest region in mid-to-early October will rise slightly, mainly sorted
.
PVC spot market prices fell this month, and market demand was average
.
However, futures prices rebounded and rose at the end of the month, driving the spot atmosphere to improve
.
It is expected that the PVC market will be stable and good
in the short term.
