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The PVC market is
mainly stable.
The upstream trend is weak and sorted, and the mentality of merchants in the market is general, and it is still mainly short-term operations
.
The downstream market still has not improved much, the number of buying and delisting has increased, some low-price inquiries, and the center of gravity of real orders is low
.
March 22 domestic PVC petrochemical factory price
trademark | factory | Quote today | Yesterday's quote | Change |
SG3-5 | Henan Aerospace | 6300 | 6300 | 0 |
S1000 | Qilu Petrochemical | 6650 | 6650 | 0 |
S700 | Qilu Petrochemical | 6750 | 6750 | 0 |
SG3-5 | Shandong Xinfa | 6300 | 6300 | 0 |
SG3-5 | Salinization in Yunnan | 6500 | 6500 | 0 |
Device dynamics
factory | PVC installation dynamics on the 22nd | ||
Suzhou Huasu | Construction started 60%, and the quotation was reduced | ||
Inner Mongolia Yidong Dongxing Chemical | 90% of PVC 300,000 tons started, and the quotation is stable | ||
Taizhou Liancheng | 450,000 tons of PVC started 80%, and the enterprise shipped a single negotiation | ||
Inner Mongolia Gilantai | The start of construction is 80%, and the quotation is stable | ||
Inner Mongolia Wuhai Chemical | The start of construction is 90%, and the quotation is stable | ||
Baotou sea level chlor-alkali plant | Chlor-alkali 400,000 tons of PVC plant is currently operating 90%, | ||
Hunan Hengyang Jiantao | PVC 200,000 tons started about 40%, the device temporarily failed, and the load production began on the 19th | ||
Yibin Tianyuan | About 70% of the operation was started, and the daily output was 700 tons |
Upstream impact: Oil prices closed lower as the market refocused on weak fundamentals after digesting news of the Organization of the Petroleum Exporting Countries (OPEC) or extended production cuts, API crude oil inventories increased sharply last week and deep market concerns about oversupply, even if the dollar fell to support it was difficult to reverse the decline in oil prices, oil prices closed lower
.
Asian ethylene market quotations remained stable, CFR Northeast Asia reported 1149.
5-1151.
5 US dollars / ton; CFR Southeast Asia is trading at $1044.
5-$1046.
5/mt
.
Due to the recent continuous decline in crude oil prices and the weakening of the downstream market, buyers' purchasing enthusiasm has been weak.
Market analysis in various places: the PVC market in Changzhou continues to be flat, the downstream demand is not good, the overall transaction is weak, the merchants actively ship the mainly, and the price continues to loosen
.
The mainstream of ordinary type 5 calcium carbide is 6350-6400 yuan / ton, and the transaction at a higher price is limited
.
Yihua 5 type self-pickup 6320 yuan / ton, Junzheng 5 self-pickup 6380 yuan / ton, Zhongtai self-pickup 6380-6400 yuan / ton, into conversation
.
Ethylene shipments are not good, the quotation is temporarily consolidated, Qilu S1000 sent to 6800 yuan / ton, Qilu S700 sent to 6900 yuan / ton, the transaction is general
.
The PVC market in Hangzhou has a dull atmosphere, poor trading, high shipment intentions and a slight decline in prices
.
Type 5 ordinary calcium carbide mainstream self-pickup 6350-6400 yuan / ton, lower price is also heard
.
Yinglite 5 type self-pickup 6350 yuan / ton, Yushe 5 type 6370 yuan / ton, Zhongtai 5 type 6400 yuan / ton, Tianchen 5 type 6520 yuan / ton, Tianye 3 type 6700 yuan / ton, Tianchen 8 type 6750 yuan / ton
.
PVC futures continue to decline, bearish is still more, spot trading is still poor
.
There is no significant change in the supply and demand side in the short term, and there is no obvious guidance
on the news side.
It is expected that tomorrow's PVC market will fluctuate in a narrow range
.