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The PVC market is narrowly sorted, and the supply of goods is normal
.
The ex-factory price of petrochemicals is stable, which forms a certain cost support
for the market.
Futures are running low, which is a blow
to market mentality.
Traders actively ship and sell with small margins
.
Downstream factories continue to purchase on demand, and transaction negotiations are the mainstay
.
February 28 domestic PVC petrochemical factory price
| trademark | factory | Quote today | Yesterday's quote | Change |
| SG3-5 | Inner Mongolia triad | 6200 | 6400 | -200 |
| SG3-5 | Shanxi Yushe | 6300 | 6250 | +50 |
| SG3-5 | Jinxi Chemical | 6450 | 6450 | 0 |
| HS-1000 | Suzhou Huasu | 7300 | 7350 | -50 |
| S700 | Qilu Petrochemical | 6900 | 6900 | 0 |
Device dynamics
| factory | PVC installation dynamics on the 28th | ||
| Taizhou Liancheng | The plant started 60% and the price was slightly adjusted | ||
| Formosa Plastics Ningbo | The plant started construction 80%, and a new quotation was issued | ||
| Shandong Xinfa | The device returned to normal and shipments were acceptable | ||
| Shanxi Yushe | The plant is basically at full capacity, with a daily output of about 1,000 tons | ||
| Suzhou Huasu | The plant started construction by 70%, and the new price was reduced | ||
| Henan Jiyuan Fangsheng | The plant is operating normally, with a daily output of 160-170 tons | ||
Upstream impact: supply doubts remained, crude oil closed slightly higher, WTI crude oil futures rose $0.
06, or 0.
11%, to $54.
05 / barrel; Brent crude futures fell $0.
06, or 0.
11 percent, to $55.
93 a barrel
.
On the 2nd and 27th, the Asian ethylene market quotation was stable, and CFR Northeast Asia held steady at 1374.
5-1376.
5 US dollars / ton; CFR Southeast Asia held steady at $1144.
5-1146.
5/mt
.
Market analysis in various places: Hangzhou PVC market shipments are general, traders are temporarily waiting and seeing
.
Type 5 ordinary calcium carbide mainstream self-pickup 6430-6480 yuan / ton, individual direct source prices are slightly lower, port terminal source prices are slightly lower, higher quotations are also available, but difficult to trade
.
Yushe self-pickup 6400 yuan / ton, Ordos, Jinyuyuan 5 self-pickup 6430 yuan / ton, Zhongtai 6500 yuan / ton, the actual transaction can be discounted
.
The PVC atmosphere in the Linyi market improved, the trading volume increased slightly, and the price increased slightly by 50 yuan / ton
.
Type 5 material does not include tax report 5900-5950 yuan / ton to be delivered, the price of the whole vehicle is slightly lower
.
The overall trading atmosphere of the PVC market is acceptable, and the transaction is average
.
Merchants follow the market operation, and the price does not fluctuate much
.
At the end of the month, traders temporarily held steady and cautious
.
It is expected that the PVC market will be dominated by price stability tomorrow, and individual quotations may
still fall.
