PVC trading atmosphere is acceptable, and prices continue to rise

U.
S.
WTI crude for February futures closed up $1.
43 at $52.
25 a barrel
.
Brent crude for March futures closed up $1.
46 at $55.
10 a barrel
.

Upstream raw materials: Asian ethylene prices were mixed, CFR Northeast Asia fell $10/ton to close at $1109.
5-1111.
5/ton, CFR Southeast Asia rose $5/ton to close at $984.
5-986.
5/ton
.
The demand for calcium carbide is stable, the company's shipments are normal, and individual shipments are not as good as in the previous period
.
Factory price of calcium carbide in various places: 2600-2650 yuan / ton in Wuhai and Ordos areas of Inner Mongolia; Ningxia Shizuishan area 2600-2650 yuan / ton; Zhongwei area 2650-2700 yuan / ton; Shaanxi 2650 yuan/ton; Gansu area 2750-2800 yuan / ton
.

Enterprise dynamics: calcium carbide PVC production enterprises are shipped at a high price
.
Type 5 ordinary calcium carbide around the surrounding mainstream acceptance factory in Inner Mongolia area 6000-6100 yuan / ton; The mainstream acceptance factory in Shandong is 6600-6700 yuan / ton; The mainstream factory in Hebei is about 6600 yuan / ton acceptance; The mainstream factory in Shanxi is 6900 yuan / ton acceptance
.
Domestic ethylene PVC enterprises as a whole are mostly stable for the time being
.
At present, Qilu Petrochemical, Tianjin Dagu and LG Dagu in North China are shipped to 7800-7900 yuan / ton, East China is delivered to 7900-8000 yuan / ton, and Taiwan Formosa Plastics quoted in December to 970 US dollars / ton CFR China's main port
.

Market Dynamics:

The mainstream quotation of PVC market in East China is 6250-6400 yuan / ton; Zhongtai 6400-6450 yuan / ton, Yinglite 6250 yuan / ton, Beiyuan 6300 yuan / ton, Yushe 6350 yuan / ton, Tianchen Tianneng 6570 yuan / ton, Jinyu yuan 6370 yuan / ton, Tianhu 6300 yuan / ton; Ethylene Qilu S1000 reported 7250 yuan / ton, Qilu S700 reported 7750 yuan / ton
.

North China PVC market Qilu Chemical City Qilu S700 type 7750 yuan / ton, S1000 reported 7380 yuan / ton self-pickup
.
Calcium carbide 6300-6400 yuan / ton is delivered
.
Linyi area about 6400 yuan / ton delivery
.
Hebei 6220 yuan / ton self-pickup
.
Tianjin area about 6250 yuan / ton warehouse pick-up
.

The mainstream quotation of type 5 calcium carbide method in South China PVC market is 6200-6300 yuan / ton, Hengtong 6350 yuan / ton, Dongxing 6200 yuan / ton, Yili 6280 yuan / ton, Tianhu 6220 yuan / ton, Sanlian and Salt Lake 6180 yuan / ton, Oriental Hope 6230 yuan / ton, Tianchen Tianneng 6350 yuan / ton; Dagu 1000/700/800 reported 6950 yuan/ton, Dagu 1300 reported 7300 yuan/tonne, and Hanwha HG-1000F reported 6900 yuan/tonne
.

PVC market shock sorting on plastic exchange; The market in South China was still good in February, the transaction volume continued to increase, and the price still rose slightly; In January, the market performance was average, and the transaction volume in various regions was small; As of the close, the settlement price in South China in January was 6,360 yuan (ton price, the same below), up 160 yuan; East China settled at 6,330 yuan, up 100 yuan; North China settled at 6,050 yuan, up 90 yuan; The northwest settlement price was 5,800 yuan, up 95 yuan; The ethylene settlement price was 7,005 yuan, up 5 yuan
.
Fundamentally: the overall performance of the domestic PVC market atmosphere today is acceptable, the trading volume of each market remains stable, merchants mostly follow the market to ship, the market mainstream traders quotations are basically stable, but a few still rise
slightly.
The inventory of upstream manufacturers is general, and stable price shipments are maintained
.
It is expected that tomorrow's market will be mainly based on stable sorting
.

At present, the trading atmosphere of the domestic PVC market is acceptable, and the upstream PVC manufacturers mostly say that there is no inventory pressure for the time being, and the prices of individual manufacturers still have the intention to
rise.
However, as prices continue to rise, downstream replenishment enthusiasm begins to gradually decline, and it is expected that PVC market prices will be stable tomorrow
.