The hottest PVC market is still weak, with light t

2022-08-12
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[PVC] the market is still weak, and the trading volume is light.

I. brief introduction of the market

the PVC market is still weak, and the popularity is insufficient. Due to the lack of relevant policy guidance in the current market, there is a strong wait-and-see sentiment in the market, and the trading continued yesterday's light situation. Traders are more cautious and look forward to the guidance of good news. At present, the mainstream quotation of ethylene material is yuan/ton, and the mainstream quotation of type 5 electric stone is yuan/ton

II. Overview of the upstream market

the settlement price of light and low sulfur crude oil futures contract delivered on the New York Mercantile Exchange in November fell 55 cents to $89.33 a barrel, down 0.6%. London Intercontinental Exchange (ice) November Brent crude oil futures settlement price fell 20 cents to $111.82 a barrel, down 0.2%

on October 8, Asian ethylene closed steady, CFR Northeast Asia to USD/ton, CFR Southeast Asia to USD/ton

III. local market conditions

pvc market performance is flat, the mainstream price fluctuation is small, the supply quality is different, slightly higher and slightly lower

the PVC market in Changzhou remained calm with average demand. The mainstream price of type 5 ordinary calcium carbide is yuan/ton, and a few higher and lower prices have also been heard. The ethylene material is weak and vibrated. Qilu can display the maximum experimental force value, breaking force value, displacement and other experimental data in real time. The material s700 is delivered to East China at a price of 7070 yuan/ton. 5. When checking the external circuit of the tensile testing machine, the price of S1000 is delivered to East China at 7120 yuan/ton, 800f/1000f is delivered to East China at 6830 yuan/ton, and 1050p is delivered to East China at a price of 6670 yuan/ton

the trading atmosphere in Shanghai PVC market is general, and the wait-and-see mood is strong. The mainstream quotation of type 5 ordinary electric stone is RMB/ton. I heard that the merchants reported that the Yihua material was self raised by 6580 yuan/ton, and the Beiyuan material was self raised by 6550 yuan/ton; Dagu material 1000 is sent to East China for 7100 yuan/ton, and 700 and 800 are sent to East China for 7150 yuan/ton

the PVC market in Hebei has a light trading volume, and traders are mainly on the sidelines with stable prices. Ordinary 5-type electric stone can be delivered to tax free mainstream 6 CDs or e-mails for RMB/ton. I heard that the merchants reported that Yang coal and some Inner Mongolia materials were delivered to Cangzhou for about 6450 yuan/ton; Dagu material 700 self delivery is about 6850 yuan/ton

IV. in terms of the latest quotation

the quotation of Yunnan salinization PVC remained stable. 80% of the plant was started. The ex factory quotation of type 5 material was yuan/ton, and the price of type 8 material was slightly higher than 150 yuan/ton. The actual transaction can be negotiated

c. the set times reached the latest quotation of Inner Mongolia Sanlian PVC, and the device started normally. At present, the local ex factory quotation of ordinary type 5 electric stone is 6270 yuan/ton, and the transaction can be negotiated

the quotation of Suzhou HuaSu PVC is reduced by 100 yuan, and the device maintains full load operation. The monomer 800 and 1000 models are delivered to 7200 yuan/ton around, and the 1300 models are delivered to 7300 yuan/ton around. The transaction can be negotiated

v. future forecast

the high cost has a certain support for the price of PVC, but the European and American economies are still depressed. Although the downward trend of the domestic economy shows signs of slowing down, it is still hovering at a low level. However, it is difficult for downstream demand to increase significantly in the short term, and it is expected that the pattern of shock bottoming will remain in the short term

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