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The PVC market is still dominated by high operation
.
Raw materials are supported by high prices, and merchants' offers are generally firm, but downstream transactions are slow to follow, and the actual market is mainly
negotiation.
Upstream market: Crude oil tumbled, with U.
S.
WTI crude for October delivery closing down $1.
39, or 3 percent, at $44.
90 a barrel
.
Brent crude for November futures closed down $1.
22, or 2.
52 percent, at $47.
10 a barrel
.
Asian ethylene market prices were stable, CFR Northeast Asia prices held steady at 1189.
5-1191.
5 US dollars / ton; CFR Southeast Asia prices held steady at $1059.
5-1061.
5/mt
.
In the spot market, Shandong Xinfa 600,000 tons / year PVC plant started full load, the supply is not much, the factory of 5 types of material reported 6200 yuan / ton spot exchange; Tianjin Dagu PVC 800,000 tons/year plant started at more than 80%, and the ex-factory price of 700, 800, 1000 and 1300 types is 6400 yuan/ton; Ningbo Hanwha PVC plant is basically full load, no inventory, delivery orders are the mainstay, the current East China cash remittance: HG-1000F reported 6650 yuan / ton
.
Calcium carbide PVC manufacturers ship 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
.
PVC main raw material calcium carbide continues to rise, upstream manufacturers take the opportunity to too high prices, factory prices have been raised one after another, PVC market price support is strong, market participants are eager to price, speculation atmosphere is strong, the current market still lacks price reduction factors, it is expected that the domestic PVC market is still rising
.
