The PVC market continues to fall and trading is sluggish

U.
S.
WTI crude July futures closed down 1.
49 at $49.
07 a barrel, and Brent crude August futures closed down 1.
41 at $50.
54 a barrel
on Friday.

Upstream raw materials: Asian ethylene prices are stable, CFR Northeast Asia is stable at 1044.
5-1046.
5 US dollars / ton, CFR Southeast Asia prices are stable at 1044.
5-1046.
5 US dollars / ton
.
The shipment of calcium carbide enterprises is normal, Wuhai sporadically has low prices, the rest of the quotations remain stable for the time being, and the price center of gravity has not changed much
.
Factory price of calcium carbide in various places: the mainstream factory price of calcium carbide in Wuhai and Ordos areas of Inner Mongolia is 2100-2150 yuan / ton; The factory price of calcium carbide in Shizuishan area of Ningxia is 2150-2200 yuan / ton; Zhongwei area quotation 2200-2300 yuan / ton; Shaanxi factory 2100-2200 yuan / ton; Gansu area 2200-2300 yuan / ton
.

Enterprise dynamics: calcium carbide PVC production enterprises quotations fell individually
.
Type 5 ordinary calcium carbide around the surrounding mainstream acceptance factory in Inner Mongolia area 4950-5050 yuan / ton; The mainstream acceptance factory in Shandong is 5140-5300 yuan / ton; The mainstream factory in Hebei is 5150-5250 yuan / ton acceptance; The mainstream factory in Shanxi is 5150-5250 yuan / ton acceptance
.
The mainstream price of ethylene enterprises in East China is 5600-5650 yuan / ton
.

Domestic ethylene PVC enterprises as a whole are mostly stable for the time being
.
At present, Qilu Petrochemical, Tianjin Dagu and LG Dagu in North China are shipped to 5400-5600 yuan / ton, and the real delivery in East China is 5600-5700 yuan / ton, and Taiwan's Formosa Plastics quotation in June is 800 US dollars / ton CFR China's main port
.

The PVC market of the plastic exchange is narrowly sorted, from the plate point of view, the trend of contracts in each region is different, the price is mixed, among which the calcium carbide method 5 PVC in South China in June is difficult to change, merchants fell in price, the closing market fell sharply, the market in the rest of the districts continued to be calm, the transaction was general; As of the close, the settlement price in South China in June was 5151 yuan (ton price, the same below), down 185.
27 yuan; the settlement price in East China was 5260 yuan, up 10 yuan; the settlement price in North China was 5220 yuan, down 10 yuan; and the ethylene settlement price was 5600 yuan, down 50 yuan
.
Fundamentally, today's market continues to fall, East China, South China below 5200 yuan / ton quotations gradually increased, the market wait-and-see atmosphere is stronger, merchants have a poor trading mentality, more unintentional trading, the overall performance is weak, with the upstream manufacturers shipment prices continue to slightly decrease
.
It is expected that the short-term plastic exchange PVC will remain weak
.

At present, although there are still individual sources of goods in the market, and the social inventory in each market is small, it may support the price; However, from the perspective of supply and demand, PVC demand has always been difficult to see favorable, downstream orders continue to be slow, traders have fallen in price shipments, while the commodity market continues to be frustrated, which has suppressed the enthusiasm of
the spot market to participate.
In addition, with the price of upstream manufacturers loosening one after another, the PVC market may face greater downward pressure
in the later stage.