The current PVC market is weak and the transaction

2022-07-27
  • Detail

At present, the PVC market is weak and the transaction is cold

I. brief description of the market

. Downstream demand continues to be weak, businesses' shipments are not smooth, and transactions are cold

II. Brief introduction to the upstream market

the rise of Brent crude oil futures pushed the US oil price to a one week high on Monday. The December light and low sulfur crude oil futures contract on the New York Mercantile Exchange rose 83 cents, or 0.9%, to $98.68 a barrel. Ice Brent crude oil futures contract rose $2.68, or 2.5%, to $109.61 a barrel

on Monday (October 28), the price of ethylene in Asia was stable, CFR Northeast Asia 1399 5 USD/ton, CFR Southeast Asia 1434 5 dollars/ton

III. local market conditions

pvc market quotation center moves down, the trading atmosphere is general, and some hold goods to wait and see

the PVC market in Guangzhou has accurate performance, flat policy implementation and general trading atmosphere. The demand follow-up is insufficient, and the operator's mentality is not good. It is mainly flexible to follow the transaction. The price of all ordinary electric stone materials is RMB yuan/ton, but there is still operation if it is slightly lower. Zhongtai materials are quoted at RMB 6600 yuan/ton, triple materials are quoted at RMB 6460 yuan/ton, Tianchen materials are quoted at RMB 6630 yuan/ton, Tianneng materials are quoted at RMB 6620 yuan/ton, and Jinniu 1000 materials are quoted at RMB 6930 yuan/ton for self withdrawal

the PVC market in Changzhou is unstable. At present, the offer of developed countries has declined slightly relying on their top scientific and technological innovation and economic strength, and the wait-and-see mood is strong. Insufficient peripheral boost, coupled with sluggish downstream demand, the operator's mentality is poor. The price of common electrical aggregate is quoted at yuan/ton, but there is still operation at a slightly lower price. The ethylene material remains stable, and some Qilu materials are quoted at yuan/ton, which is a little flexible

The accuracy of common universal testing machines is generally level 1 and 0.5.

it is difficult to stop the decline and stabilize the PVC market in Xiamen, and the low-end prices continue to refresh. The lower reaches hold more money to wait and see, and the trading volume gradually decreases. At present, the price of common electrical materials is quoted at RMB yuan/ton, that of Northwest materials is about RMB 6450 yuan/ton, that of Xinjiang Tianye materials is about RMB 6600 yuan/ton, and that of ethylene materials is about RMB 7100 yuan/ton to confirm whether a material meets the required impact strength requirements

IV. in terms of the latest quotation,

the quotation of Hebei Jinniu PVC is stable. The 230000 T/a unit is started at full load. The ethylene material is 6800 yuan/ton, and the high model is 50 yuan/ton. It is shipped according to the market, and the implementation is flexible

the PVC price of Binzhou offshore chemical is stable, the unit is shut down for maintenance, and the ex factory price of type 5 calcium carbide is 6430 yuan/ton in cash, which is slightly flexible

the price of Inner Mongolia elion PVC was lowered, the plant started normally, the ex factory price of type 5 calcium carbide fell by 50 yuan/ton, the quotation was accepted at 6200 yuan/ton, the spot exchange was slightly lower, and the implementation was slightly flexible

v. future market forecast

the external stimulus is limited. The operator is cautious and has a poor mentality. He is more cautious to follow the transaction. Downstream replenishment is still not active, some are waiting for low prices, and the delivery and trading are light. It is expected that the market situation will be weak in the short term, and some may continue to decline slightly

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