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The PVC market is running
weakly.
Crude oil was slightly lowered overnight, and the support of cost side weakened
.
But futures opened higher to boost the market
.
Merchants' confidence in the future market is weak, and the market wait-and-see atmosphere is
strong.
Resistance to traders' shipments remains
.
The mentality of downstream enterprises has improved slightly, the enthusiasm of inquiry has increased, and they still adhere to rigid demand, and the transaction is temporarily limited
.
March 17 domestic PVC petrochemical factory price
trademark | factory | Quote today | Yesterday's quote | Change |
SG5 | Jinan Jinwei | 6550 | 6550 | 0 |
SG3-5 | Shanxi Yushe | 6400 | 6400 | 0 |
S-60 | Formosa Plastics Ningbo | 7100 | 7100 | 0 |
S-65 | Formosa Plastics Ningbo | 7050 | 7050 | 0 |
S-70 | Formosa Plastics Ningbo | 7150 | 7150 | 0 |
Device dynamics
factory | PVC installation dynamics on the 17th | ||
Tarzan salinization | Start 7-8%, shipment is normal | ||
Inner Mongolia Yidong Dongxing Chemical | 90% of PVC 300,000 tons started, and shipments were stable | ||
Inner Mongolia Gilantai | The start of construction is 80%, and the quotation is stable | ||
Ningbo Hanwha | Shutdown maintenance from the 9th, starting today, is expected to be discharged two days later | ||
Shanxi Yushe | 300,000 tons of PVC is basically at full load, with a daily output of about 1,000 tons | ||
Henan Haohua Aerospace | The operation is full load, and the daily output is about 1200 tons | ||
Fang Dajinhua | The plant operates at full capacity with a daily output of 160-180 tons | ||
Inner Mongolia Yili | The 500,000-ton PVC unit started normally and shipped fairly |
Upstream impact: Despite the support of the weak US dollar, international oil prices fell slightly as US inventories remained fixed at high levels, with US crude oil futures falling by $0.
11 or 0.
23% to $48.
75 per barrel; Brent crude futures fell $0.
07 or 0.
14 percent to $51.
74 a barrel
.
On the 3rd and 16th, the Asian ethylene market quotation fell, CFR Northeast Asia fell 45 to 1164.
5-1166.
5 US dollars / ton; CFR Southeast Asia fell 20 to $1079.
5-1081.
5 / ton
.
Ethylene prices closed low, Nanyang supplies were abundant, and some merchants were considering moving goods from Southeast Asia to Northeast Asia
.
Market analysis in various places: The PVC market in Guangzhou is trading tepidly, and traders are shipping at stable prices
.
The mainstream of ordinary type 5 calcium carbide is 6400-6450 yuan / ton self-pickup
.
Salt Lake / Sanlian 5 type reported 6390-6400 yuan / ton self-pickup, Dongxing 5 type reported 6420 yuan / ton self-pickup, Oriental Hope/Tianhu self-pickup 6430 yuan / ton, Zhongtai / Yili 5 type reported 6460 yuan / ton self-pickup
.
The price of ethylene is temporarily stable, the mainstream price is 6950-7000 yuan / ton self-pickup, and Dagu 1000 type is reported at 6950 yuan / ton self-pickup
.
Changzhou PVC market quotation is stable, trading is flat
.
The mainstream of ordinary type 5 calcium carbide is 6400-6480 yuan / ton, and the quotation is slightly higher and lower, and the transaction price can still be profitable
.
Yanhua and Sanlian self-pickup 6380 yuan / ton, Jintai self-pickup 6420 yuan / ton, Junzheng self-pickup 6470 yuan / ton, Tianye self-pickup 6530 yuan / ton, the transaction can be negotiated
.
Ethylene shipments are not good, the quotation is temporarily consolidated, Qilu S1000 sent to 6900 yuan / ton, Qilu S700 sent to 7000 yuan / ton, the transaction is general
.
Traders stabilize prices and actively ship, high-price transactions are more general, and the price increase resistance is greater
.
Downstream users are more cautious and wait and see the market, and the enthusiasm for taking goods is not high
.
It is expected that the PVC market will fluctuate in a narrow range next week
.