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Trade Service
On March 9, the average domestic spot price of PVC 5 type was 9,000 yuan / ton, up 1.
35% from the previous trading day and 4.
65%
year-on-year.
At present, the market is strongly volatile, the PVC market price continues to rise, the range is about 50-150 yuan / ton, some dealers are closed and waiting, the market center of gravity continues to move up, but the high price transaction is general
.
At present, the price of raw calcium carbide is about 4200-4300 yuan / ton, and the price of PVC is 8850-9350 yuan / ton
.
PVC prices gradually strengthened this week, the overall operating load of the domestic PVC industry decreased slightly this week, Suzhou Huasu temporarily stopped during the week, and some enterprises experienced a slight decline in operating load this week
.
The data shows that the overall operating load of PVC was 80.
13%, down 0.
37 percentage points from the previous month; of which the calcium carbide PVC starting load was 82.
15%, down 0.
33 percentage points from the previous month; the ethylene PVC starting load was 72.
65%, down 0.
51 percentage points
from the previous month.
The overall recovery was less than expected
.
East China has gradually begun to destocking this week, about 10,000 tons this week, although the downstream transaction is general, but the export support is strong, and the upstream pre-sale is significantly stronger
.
In the external market, CFR China rose 10 to 1310 US dollars / ton, CFR Southeast Asia rose 20 to 1340 US dollars / ton, CFR India held steady at 1560 US dollars / ton
.
The conflict between Ukraine and Russia has intensified, international crude oil prices have risen sharply, most of the PVC overseas installations are ethylene method, crude oil as the ethylene cost end or will raise the production cost of overseas plants, thereby further promoting the external quotation
upward.
Some raw materials in Europe may be affected, and the overall external market is expected to rise and fall
.
There is a power outage in Taiwan, but the impact is not expected to be large
after understanding.
At present, the decline in the start of calcium carbide has gradually cashed in to the price, the high profit of chlor-alkali has not been realized as high start, and the ethylene method is still affected by low profit and the supply of raw materials on the external disk.
Even if real estate demand is weak, there is not much room for downward valuation.
At present, the new driving force lies in the export of external disks, and the monthly export of overall PVC may reach the level
of more than 200,000 tons.
And this week's East China inventory has been dematerialized, so the proximal PVC as a whole has gradually entered a market where inventory, valuation, drive, and seasonality are gradually matched, and PVC has begun to gradually increase
.