September 5 PVC morning review

Raw material prices: 1, Japan naphtha CF Japan reported 375.
5 yuan / ton, down 3.
5; naphtha FOB Singapore reported 39.
43 US dollars / barrel, down 0.
08
.
Ethylene CFR Northeast Asia was flat at $1195/mt, while CFR Southeast Asia was at $1065/mt, down 5
%.

Spot market: The price of some domestic PVC spot market is basically flat
.
North China calcium carbide law reported 5850 yuan / ton, flat; Ethylene law reported 6390 yuan / ton, flat; East China calcium carbide law reported 5920 yuan / ton, flat, ethylene law reported 6550 yuan / ton, flat
.
South China calcium carbide method reported 5920, flat, ethylene method 6580 tons, flat
.
The price of raw materials was basically flat, East China reported 2700 yuan, flat, and Northwest reported 2240 yuan, flat
.

News side: 1, Ordos chlor-alkali chemical PVC temporarily not quoted to the public, the plant 400,000 tons / year device stopped on the evening of the 31st, this shutdown maintenance is expected to be about
10 days.

Warehouse receipt data: 7415
.

Affected by environmental protection policies and G20, the supply of calcium carbide is slightly insufficient, but at present, due to the maintenance of some PVC devices downstream, the supply of calcium carbide has improved
.
PVC social inventory remains at a moderate to lower level, coupled with some maintenance devices, the market supply pressure is not large, but near the delivery month, the exchange warehouse receipt increases, if the source of goods flows into the market, there may be a certain suppression
of the price.