The hottest PVC market continues to be sorted out,

2022-08-08
  • Detail

[PVC] the market continues to be sorted out, and merchants wait and see its changes

I. brief introduction of the market

the external force is limited, and the PVC market continues to be sorted out. The supply of ethylene materials is still small, the price is still strong, the supply and demand side has not changed, the downstream plants have limited orders, and the actual delivery and investment is not ideal. At present, the mainstream quotation of ethylene material in the market is yuan/ton, and the mainstream quotation of type 5 electric stone is yuan/ton. The actual transaction can be negotiated

II. Overview of the upstream market

crude oil futures on the New York Mercantile Exchange hit the highest close since May on August 21. NYMEX crude oil contract in September closed up 71 cents, or 0.74. The stability of graphene battery use was%, at $96.68 per barrel. It once hit a daily high of $97.60 per barrel since May 10. The October Brent crude oil futures contract closed up 94 cents, or 0.83%, at $114.64 a barrel

on Tuesday (August 21), Asian ethylene closed up $10, CFR Northeast Asia $per ton, CFR Southeast Asia $per ton

III. local market conditions

today's PVC market is mainly stable. The business mentality is mainly wait-and-see, the operation is cautious, and the negotiation atmosphere is weak

Hebei PVC market remained stable without significant improvement. The quotation of all ordinary electric stone materials is yuan/ton, and the quotation excluding tax is yuan/ton, so the high transaction resistance is large. The ethylene material remains stable and wait-and-see, and the implementation is slightly flexible

the PVC market in Hangzhou has remained stable for the time being, and the adjustment is insufficient. The quotation of all ordinary electric stone materials is RMB/ton, the quotation of aerospace delivery is 6460 yuan/ton, and the quotation of high model materials is about 6600 yuan/ton, which is slightly flexible

the PVC market in Shanghai remained stable, and the operation was more cautious in materials with a thickness of 5 (2) 0 mm. The quotation of each ordinary electric stone is yuan/ton, and the quotation of Beiyuan material is 6450 yuan/ton. The high model material and ethylene material are stable, and the implementation is slightly flexible

IV. in terms of the latest quotation,

Jining Jinwei PVC quotation increased slightly by 50 yuan, the old device was started at full load, the type 5 electric stone was accepted at 6650 yuan/ton, and the surrounding shipments were the main, so the implementation was more flexible

the quotation of PVC in Sichuan Jinlu remained stable, and about 70% of the plant was started. The price of 5-type electric stone delivered in Sichuan was reported as 6450 yuan/ton, and some of them took orders, and the transaction was negotiable

the PVC quotation of Nanning chemical industry is stable, the plant is under construction, and the ex factory price of type 5 calcium carbide is 6700 yuan/ton. The transaction is negotiable, and most of them are sold locally

v. future forecast

at present, the supply and demand side of the domestic PVC market is seriously surplus, the upstream production enterprises start work unsteadily, and some are still under maintenance, but the shipping pressure remains unabated, merchants and downstream wait-and-see, product enterprises start work not high, and it is still difficult to deal in large quantities. The operating rate of downstream product enterprises restricts the upward price of the problems that need to be paid attention to in the calibration of fatigue testing machines. It is expected that the PVC market through rolling equipment may maintain the consolidation trend in the short term

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