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    Home > Chemicals Industry > New Chemical Materials > The market atmosphere is calm, and PVC futures fluctuate slightly

    The market atmosphere is calm, and PVC futures fluctuate slightly

    • Last Update: 2022-12-24
    • Source: Internet
    • Author: User
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    Recently, the atmosphere of the PVC market has been calm, the futures shock has risen slightly, the spot transaction has improved locally, the price center of gravity has moved up slightly, and the market wait-and-see atmosphere is still strong
    .

    PVC

    Outside prices, last week's Asian PVC prices rose, CFR China rose 40 to $1300/mt, CFR Southeast Asia rose 20 to $1310/ton, CFR India rose 30 to $1540/mt
    .

    In terms of crude oil, on February 15, the price of international crude oil futures fell
    sharply.
    The main contract of U.
    S.
    WTI crude oil futures settled at $92.
    07 per barrel, down $3.
    39 or 3.
    6%, and the main contract for Brent crude futures settled at $93.
    28 per barrel, down $3.
    2 or 3.
    3%.

    Oil prices have fallen from more than seven-year highs, mainly affected by geopolitical news, Russia said that after the end of military exercises near Ukraine, some troops returned to base, Russia-Ukraine tensions cooled, and oil prices came under pressure
    .

    After the Spring Festival, the price of PVC market rose sharply, rising by about 5% in half a month, and the market stopped rising and turning down
    this week.
    This round of market rally is mainly due to the rise in crude oil during the Spring Festival, the macro atmosphere is good, boosting market sentiment, futures prices rose sharply above 9500, driving spot higher, and the industry has a good
    mentality.

    At present, PVC manufacturers are starting steadily, but the festive atmosphere has not retreated, the downstream market has not fully recovered, the high price transaction is general, the social inventory is still in the active accumulation, the fundamentals are weak, so the PVC continuous rise driving force is insufficient, and the price is stable and
    downward 。 As of the 15th, the price of raw calcium carbide fell to around 4050-4250 yuan / ton, the quotation range of domestic PVC5 calcium carbide enterprises is mostly around 8700-9000 yuan / ton, Tianjin PVC5 calcium carbide 8850-8950 yuan / ton is delivered, the mainstream price of PVC ordinary calcium carbide in Guangzhou is 9000-9150 yuan / ton, the mainstream price of PVC ordinary calcium carbide in Changzhou is 9000 yuan / ton, and the price of domestic markets is stable and

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