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According to the monitoring data of the cable network, this week, the spot price performance of the PVC market fluctuated upward
.
The average price of PVC spot at the beginning of the week was 6238 yuan / ton, and the weekend price was 6278 yuan / ton, up 40 yuan / ton, an increase of 0.
64%.
This week, merchants shipped positively, the overall market atmosphere was better, the transaction situation was more ideal, and the trading atmosphere was upward compared with last week
.
The reasons for the increase in prices in the PVC market this week are analyzed as follows:
On the macro front, this week, the US PPI rose 0.
3% month-on-month in December, unchanged expectations, and 1.
6% year-on-year, also unchanged expectations, but better than the previous reading of 1.
3%, the largest
since September 2014.
Domestically, the CPI rose 0.
2% in December, in addition, the PPI rose 5.
5% year-on-year in December, an increase of 2.
2 percentage points over the previous month.
In terms of the upstream market, this week, in terms of raw materials, calcium carbide demand is stable, enterprise 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
.
Spot market: this week, the mainstream quotation of calcium carbide PVC in East China was 6350-6430 yuan / ton, up 160 yuan; The mainstream quotation in South China was 6380-6450 yuan / ton, up 285 yuan; The mainstream quotation in North China was 5970-6150 yuan / ton, up 110 yuan
.
The mainstream quotation of ethylene PVC in East China was 6950-7200 yuan / ton, down 50 yuan / ton; The mainstream quotation in South China was 6900-7150 yuan / ton, down 75 yuan; The mainstream quotation in North China was 6600-6800 yuan / ton, down 100 yuan
.
Future market forecast: This week, the domestic calcium carbide PVC market is slightly stable
after the previous shock adjustment.
Among them, the downstream procurement in East China is not smooth, and the atmosphere is slightly dull, while the market quotation in South China has recovered due to the decrease in arrivals, but it is still necessary to wait and see
in the actual transaction.
In terms of ethylene PVC, manufacturers have a strong willingness to raise prices, and the market transaction center is
deadlocked.
It is expected that in the short term, the PVC market will be sideways
.
