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The overall sentiment of the PVC market was weak, and individual quotations fell
.
Merchants follow the market, and the market mentality is mediocre.
Traders' shipment resistance still exists, some real orders have concessions, terminals take goods to maintain rigid demand, and the transaction is weak
.
Domestic PVC petrochemical factory price on February 20:
| trademark | factory | Quote today | Yesterday's quote | Change |
| SG3-5 | Henan Aerospace | 6500 | 6500 | 0 |
| SG3-5 | Shandong Xinfa | 6550 | 6550 | 0 |
| SG3-5 | Ningxia Yinglite | 6500 | 6500 | 0 |
| SG3-5 | Shanxi Yushe | 6300 | 6300 | 0 |
| SG3-5 | Salinization in Yunnan | 6700 | 6750 | -50 |
Device dynamics:
| factory | 20-day PVC installation dynamics | ||
| Yibin Tianyuan | The plant started 90%, the daily output is 900 tons, and the supply is limited | ||
| Suzhou Huasu | The plant started 70% and shipped at a stable price | ||
| Hunan Hengyang Jiantao | The plant started about 70%, with a daily output of about 400 tons | ||
| Heilongjiang Haohua | The plant started operation at 50%, with a daily output of about 340 tons | ||
| Henan Haohua Aerospace | The plant started at full load and produced about 1,200 tons per day | ||
Upstream impact: supported by the Organization of the Petroleum Exporting Countries (OPEC) production cuts, international crude oil rose
slightly.
WTI crude futures rose 0.
11% to $53.
42 a barrel and Brent crude futures rose 0.
04% to $55.
83 a barrel
.
On the 2nd and 17th, the Asian ethylene market quotation rose, CFR Northeast Asia rose 65 to 1374.
5-1376.
5 US dollars / ton; CFR Southeast Asia rose 40 to $1149.
5-1151.
5 a tonne
.
Market analysis in various places: the PVC market in Guangzhou continued to be flat, downstream demand was not good, trading was deadlocked, and some transaction prices continued to loosen
.
Ordinary type 5 calcium carbide mainstream 6590-6630 yuan / ton self-pickup, Xinfa / Jintai 5 type 6620 yuan / ton self-pickup, Junzheng / Oriental Hope / Zhongtai 5 type 6650 yuan / ton self-pickup, Tianye 5 type 6830 yuan / ton self-pickup
.
The quotation of ethylene material is temporarily stable, the mainstream price is 7100-7200 yuan / ton self-pickup, and Dagu 1000 type is reported at 7130 yuan / ton self-pickup
.
Hangzhou PVC market trading is flat, traders let out shipments, quotations have loosened
.
Type 5 ordinary calcium carbide mainstream self-pickup 6600-6680 yuan / ton, higher quotation is also available, high price shipments are not smooth
.
Shanxi Yushe News 6600 yuan / ton self-pickup, Jin Yuyuan, Dongxing 6650 yuan / ton self-pickup, Zhongtai 5 type 6700 yuan / ton self-pickup, Tianchen 5 type 6750 yuan / ton, Tianchen 8 type 7100 yuan / ton, Tianye 3 type 7000 yuan / ton, the actual transaction can be negotiated
.
Environmental protection inspections have begun again, and the mentality of merchants has diverged, and most of them are mainly accompanying shipments, waiting to see the market response
.
The downstream factory procurement mentality is cautious, and the market wait-and-see atmosphere is strong
.
Supported by petrochemical costs, it is expected that the PVC market price will continue to sort out in
the near future.
