The trading atmosphere of the PVC market is flat and the wait-and-see mood is strong

U.
S.
WTI crude for February futures closed down $0.
05 at $53.
72 a barrel
.
Brent crude for March futures closed down $0.
03 at $56.
82 a barrel
.

Upstream raw materials: Asian ethylene prices are stable, CFR Northeast Asia is stable at 1139.
5-1141.
5 US dollars / ton, CFR Southeast Asia is stable at 979.
5-981.
5 US dollars / ton
.
The demand for calcium carbide is stable, the company's shipments are normal, and individual shipments are not as good as in the previous period
.
Factory price of calcium carbide in various places: 2600-2650 yuan / ton in Wuhai and Ordos areas of Inner Mongolia; Ningxia Shizuishan area 2600-2650 yuan / ton; Zhongwei area 2650-2700 yuan / ton; Shaanxi 2650 yuan/ton; Gansu area 2750-2800 yuan / ton
.

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 6000-6100 yuan / ton; The mainstream acceptance factory in Shandong is 6600-6700 yuan / ton; The mainstream factory in Hebei is about 6600 yuan / ton acceptance; The mainstream factory in Shanxi is 6900 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 7800-7900 yuan / ton, East China is delivered to 7900-8000 yuan / ton, and Taiwan Formosa Plastics quoted in December to 970 US dollars / ton CFR China's main port
.

Market Dynamics:

The mainstream quotation of PVC market in East China is 6250-6400 yuan / ton; Zhongtai 6400-6450 yuan / ton, Yinglite 6250 yuan / ton, Beiyuan 6300 yuan / ton, Yushe 6350 yuan / ton, Tianchen Tianneng 6570 yuan / ton, Jinyu yuan 6370 yuan / ton, Tianhu 6300 yuan / ton; Ethylene Qilu S1000 reported 7250 yuan / ton, Qilu S700 reported 7750 yuan / ton
.

North China PVC market Qilu Chemical City Qilu S700 type 7750 yuan / ton, S1000 reported 7380 yuan / ton self-pickup
.
Calcium carbide 6300-6400 yuan / ton is delivered
.
Linyi area about 6400 yuan / ton delivery
.
Hebei 6220 yuan / ton self-pickup
.
Tianjin area about 6250 yuan / ton warehouse pick-up
.

The mainstream quotation of type 5 calcium carbide method in South China PVC market is 6300-6400 yuan / ton; Hengtong 6500 yuan / ton, Yili, Junzheng old factory 6450 yuan / ton, Junzhengxin 6420 yuan / ton, Oriental Hope, Tianhu, Xinfa 6380 yuan / ton, Jilantai, Dongxing 6350 yuan / ton, Inner Mongolia Yihua, Yanhu 6330 yuan / ton, Jinhua 6320 yuan / ton, Sanlian 6300 yuan / ton, Tianhu 6300 yuan / ton; Tianchen, Tianneng and Tianye 6550 yuan / ton; Dagu 1000/700/80 reported 7500 yuan/ton, Dagu 1300 reported 7750 yuan/tonne, and Hanwha HG-1000F reported 8100 yuan/tonne
.

The PVC market of the plastic exchange was sorted out in a narrow range, and on the first trading day after New Year's Day, intraday traders still maintained a wait-and-see atmosphere before the holiday, and the futures market fell again, the enthusiasm of terminal procurement declined, intraday merchants were cautious, and the transactions in various districts were small; As of the close, the settlement price in South China in January was 6380 yuan (ton price, the same below), up 30 yuan; East China settled at 6430 yuan, up 40 yuan; North China settled at 6180 yuan, up 5 yuan; Northwest settlement price 6,005 yuan, up 5 yuan; The ethylene settlement price was 7200 yuan, unchanged
.
Fundamentally: today's domestic PVC market trading atmosphere is flat, affected by the sharp fall in futures, some merchants have a strong wait-and-see mood, and after the New Year's Day holiday, some traders are not active, the overall trading atmosphere of the market is not good, and some market prices have fallen
.
It is expected that the market will remain weak tomorrow
.

On the first day after the holiday, the futures market fell sharply, the domestic PVC market trading atmosphere was not good, and the mainstream distribution centers, especially in South China, fell significantly
.
With the Spring Festival approaching, the downstream parking holiday has increased, the demand side of the PVC market is more bleak, and it is difficult for the market to find favorable support in a short period of time, and it is expected that the market will remain weak
tomorrow.