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This week, the domestic PVC market price first rose and then fell, the overall center of gravity moved up, and trading was tepid
.
Power cuts in Mongolia have eased in the latter part of this week, but calcium carbide supply is still tight, and it takes time for PVC operating load to increase, so the overall PVC industry operating load has declined
this week.
Downstream demand is general, high prices are resistant, this week continues to just need procurement, the overall trading has not increased
.
This week, PVC fundamentals supply and demand are both weak, the basis has not strengthened significantly, and spot is adjusted
with the trend of futures.
As of July 22, the mainstream of calcium carbide SG-5 was 9242 yuan / ton, up 133 yuan / ton from July 15, an increase of 1.
46%; The mainstream of ethylene 1000 type was 9451 yuan / ton, up 260 yuan / ton from July 15, an increase of 2.
83%.
The average price of domestic calcium carbide SG-5 was 9254 yuan / ton, up 181 yuan / ton from 9073 yuan / ton
last week.
PVC starts continued to fall
sharply this week.
At present, it is in the seasonal off-season, and the downstream is often replenished at low prices, and the market atmosphere is general
.
Due to the production restrictions in Ningxia and the power cuts in Inner Mongolia, the supply of calcium carbide has declined, the price of calcium carbide has continued to rise, and the cost of PVC enterprises in external mining calcium carbide is about
9400 yuan / ton.
Electricity has eased slightly in the near future, and it is expected that the supply of calcium carbide will begin to pick up after that, and the price of calcium carbide will fall, and the PVC market will be
mainly volatile.
As of July 12, the total inventory of sample warehouses in East and South China was 142,950 tons, an increase of 2.
25 percentage points over the previous period and a year-on-year decrease of 45.
12 percentage points
.
As of July 22, the overall starting load of PVC was 72.
10%, down 9.
89 percentage points from the previous month; of which the calcium carbide PVC operating load was 72.
41%, down 10.
83 percentage points from the previous month; the ethylene PVC starting load was 70.
98%, down 6.
4 percentage points
from the previous month.
