echemi logo
Product
  • Product
  • Supplier
  • Inquiry
    Home > Chemicals Industry > New Chemical Materials > The PVC market is good and remains high

    The PVC market is good and remains high

    • Last Update: 2022-12-03
    • Source: Internet
    • Author: User
    Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com

    Today, the domestic PVC market is good, the spot supply in each market is less, the merchants are less expensive, coupled with the price of raw material calcium carbide continues to remain high, the production cost of each manufacturer is higher, while the inventory of manufacturers remains low, and the factory price of some manufacturers has risen again, and it is expected that the PVC market will remain high tomorrow
    .

    PVC

    U.
    S.
    WTI crude October futures closed down 1.
    74 at $45.
    88 a barrel, while Brent crude November futures closed down 1.
    98 at $48.
    01 a barrel
    .

    Upstream raw materials: Asian ethylene market price is stable, CFR Northeast Asia closed 1189.
    5-1191.
    5 US dollars / ton, CFR Southeast Asia closed 1059.
    5-1061.
    5 US dollars / ton
    .
    The supply of calcium carbide is still tight, and the price center of gravity is deadlocked
    .
    Calcium carbide factory price in various places: Inner Mongolia Wuhai, Ordos area 2350-2400; Shizuishan Area, Ningxia 2350-2400; about 2450 in Zhongwei area; Shaanxi 2300-2400; Gansu area 2350-2450
    .

    Enterprise dynamics: calcium carbide PVC production enterprises are shipped at a high price
    .
    Type 5 ordinary calcium carbide around the surrounding mainstream acceptance factory in Inner Mongolia area 5400-5450 yuan / ton; The mainstream acceptance factory in Shandong is 5450-5600 yuan / ton; The mainstream factory in Hebei is 5400-5450 yuan / ton acceptance; The mainstream factory in Shanxi is 5400-5450 yuan / ton acceptance
    .
    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 5900-6000 yuan / ton, the real delivery in East China is 6200-6300 yuan / ton, and Taiwan's Formosa Plastics quotation in September is 850 US dollars / ton CFR China's main port
    .

    Today's PVC market on the plastic exchange is good, the price trend of each region in the session is more or less, the trading volume in South China in September, the closing settlement price rose sharply, and the transaction performance in other regions was average; As of the close, the settlement price of Type 5 South China in September was 6330 yuan (ton price, the same below), up 230 yuan; East China settled at 6,060 yuan, up 80 yuan; North China settled at 5,820 yuan, up 20 yuan; The ethylene settlement price was 6,505 yuan, up 5 yuan
    .
    Fundamentals: Today's domestic PVC market is good, the market has less spot supply, merchants have less prices, coupled with the price of raw material calcium carbide continues to remain high, the production cost of each manufacturer is higher, while the inventory of manufacturers remains low, and the factory price of some manufacturers has risen again, and it is expected that the market will remain high tomorrow
    .

    At present, the main raw material of PVC, calcium carbide, is once again tight, and the price of various places has risen
    sharply again.
    Upstream manufacturers took the opportunity to raise prices, factory prices have been raised one after another, at the same time the market PVC market maintained a high level, for traders in the market to boost the confidence of price increases, market prices around the world were raised by the trend, the current bullish atmosphere of the participants is still strong, it is expected that the market will remain high tomorrow
    .

    This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.

    Related Articles

    Contact Us

    The source of this page with content of products and services is from Internet, which doesn't represent ECHEMI's opinion. If you have any queries, please write to service@echemi.com. It will be replied within 5 days.

    Moreover, if you find any instances of plagiarism from the page, please send email to service@echemi.com with relevant evidence.