-
Categories
-
Pharmaceutical Intermediates
-
Active Pharmaceutical Ingredients
-
Food Additives
- Industrial Coatings
- Agrochemicals
- Dyes and Pigments
- Surfactant
- Flavors and Fragrances
- Chemical Reagents
- Catalyst and Auxiliary
- Natural Products
- Inorganic Chemistry
-
Organic Chemistry
-
Biochemical Engineering
- Analytical Chemistry
- Cosmetic Ingredient
-
Pharmaceutical Intermediates
Promotion
ECHEMI Mall
Wholesale
Weekly Price
Exhibition
News
-
Trade Service
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 6408 yuan / ton, and the weekend price was 6428 yuan / ton, up 20 yuan / ton, an increase of 0.
31%.
This week, merchants shipped positively, the overall market atmosphere was good, 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 a macro front, about 298,000 new jobs were created in the U.
S.
private sector this week, beating economists' most optimistic expectations of 255,000 and the highest since April 2014, indicating strong
growth in the U.
S.
job market.
Domestically, PPI rose 7.
8% year-on-year in February, setting a new growth rate
in recent years.
Market participants expect that the year-on-year increase in PPI may remain high, and it is expected to peak and fall
after the second quarter.
At present, the price of PVC market is not supported by rising factors, and PVC fundamentals have fallen
slightly.
In terms of the upstream market, this week, calcium carbide plants are still actively shipping, and the overall pressure is greater
.
Factory price of calcium carbide in various places: 2300-2400 yuan / ton in Wuhai and Ordos areas of Inner Mongolia; Ningxia Shizuishan area 2350-2450 yuan / ton; Zhongwei area quotation 2450-2500 yuan / ton; Shaanxi area 2400-2500 yuan / ton; Gansu area 2450-2550 yuan / ton
.
Spot market: Some domestic PVC spot market prices fell
this week.
North China calcium carbide law reported 6390 yuan / ton, down 30; ethylene law reported 6760 yuan / ton, down 40; East China calcium carbide law reported 6370 yuan / ton, down 30
.
South China calcium carbide method reported 6380 yuan / ton, down 20, ethylene method 6950 tons, down 50
.
The price of raw materials was basically flat, with East China reporting 3100 yuan, flat, and Northwest reported 2650 yuan, flat
.
Future market forecast: This week, the PVC physical market rose slightly, the spot market transaction improved, the quotation of traders was raised, and the quotation of some upstream production enterprises was also moderately raised
.
On the whole, the current shipment pressure in the PVC market is still unabated, and the inventory of major ports, terminals and warehouses is high; Manufacturers still maintain a high operating load, while some provinces in North China have strict environmental protection inspections, some downstream processing plants have been hindered in production, the contradiction between supply and demand imbalance is prominent, and prices have fluctuated lower
.
The recovery of production of downstream product enterprises is not as expected, while most of them still have stock inventory to be digested, and affected by environmental protection supervision, some downstream product enterprises in the Beijing-Tianjin-Hebei region have been hindered, the overall market demand is general, and downstream manufacturers are mostly purchasing
on demand.
In the short term
, the PVC market will be mainly sideways.
It is expected that there is still a possibility
of a correction in the PVC market in the short term.
