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Trade Service
This week's domestic PVC supply increased slightly compared with last week, cost support is still strong, and fundamentals have not changed much
.
This week, the power shortage in Inner Mongolia has eased, and the operating load of some PVC production enterprises has increased
slightly.
In addition, some of the pre-maintenance devices have been discharged one after another this week, and the amount of maintenance losses has been reduced
.
Affected by the power cuts in Inner Mongolia and Ningxia, the supply of raw calcium carbide continues to be tight, although the purchase price of calcium carbide in Henan, Shanxi, Gansu and other regions has been lowered recently, the production cost of PVC is still in a high position, the production pressure of PVC enterprises is still large, and the price of calcium carbide is still adjusting
.
Due to the shortage of electricity in Inner Mongolia, the supply of Ulanqab is limited, and the arrival of goods in North China and Shandong is still tight, and procurement is active
.
Due to the recent supply shortage caused by force majeure in Europe, the PVC market price in various countries increased slightly, and the export price remained stable
.
Although the previous moratorium gradually resumed and domestic demand in the United States continued to improve, exports remained limited
.
The maintenance of the external disk device eased the pressure of domestic PVC arriving in Hong Kong in March, the ex-factory price of domestic enterprises was raised, the market low-priced supply was difficult to find, and some merchants chose the opportunity to replenish the warehouse
.
At present, PVC social inventory is still degrading, and the overall inventory level of the industrial chain is low
.
Among them, the inventory level of enterprises in the main producing areas of the northwest is not high, there are still pre-sale orders in some areas, and manufacturers offer quotations, but the recent new orders are common, and some of them have concessions
.
In addition, the PVC export arbitrage window has gradually closed, the export volume has been greatly reduced, and the role of foreign trade in driving consumption has weakened
.
And the market arrival has not improved, PVC social inventory is difficult to accumulate, maintain a low level
.
At present, calcium carbide prices are still at a high level, PVC cost support is still strong, and some enterprises that mine calcium carbide are in a state of loss
.
At the beginning of this week, futures prices fell, market spot prices fell, and some PVC manufacturers lowered factory prices due to poor orders; Futures prices then rebounded, and spot prices in the market followed
upward.
