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    Home > Chemicals Industry > New Chemical Materials > Analysis of domestic PVC market this week (8.15-8.19)

    Analysis of domestic PVC market this week (8.15-8.19)

    • Last Update: 2022-12-03
    • Source: Internet
    • Author: User
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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 5770 yuan / ton, and the weekend price was 5940 yuan / ton, up 170 yuan / ton, an increase of 2.
    86%.

    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
    .

    PVC

    The reasons for the increase in prices in the PVC market this week are analyzed as follows:

    On a macro front, this week, the first jobs data released after the UK referendum showed that jobless claims unexpectedly fell by 8,600 in July, better than expected an increase of 9,000; Employment also rose to a record high
    of 31.
    8 million in the second quarter.
    Domestically, in July, the added value of industries above designated size increased by 0.
    52%, 0.
    02 percentage points
    faster than the previous month.
    At present, PVC market prices are supported by rising factors, and PVC fundamentals have risen
    slightly.

    In the upstream market, domestic PVC calcium carbide and ethylene prices rose sharply this week
    .
    Most of the northern calcium carbide purchase prices have risen many times in a row, the price increase is mainly due to the recent Inner Mongolia, Ningxia, Shaanxi and other regions affected by environmental protection inspections calcium carbide operating rate declined, white ash supply is tight, calcium carbide production is obviously insufficient, PVC enterprises calcium carbide arrival There is a certain gap, so they have increased prices to strive for more supplies
    .

    Spot market: Some domestic PVC spot market prices rose this
    week.
    Shandong Xinfa PVC started basically full load, the supply of goods is not much, the price is increased by 50 yuan / ton, and the factory of 5 type materials is reported at 5950 yuan / ton in cash; Shandong Dongyue PVC plant is not high, the supply is not much, the quotation rose by 50 yuan / ton, and the 5-type material factory reported 6100 yuan / ton acceptance; Taishan salinization PVC plant started 5-6%, the quotation was raised by 50 yuan / ton, and the factory of 5 type material reported 6150 yuan / ton acceptance
    .

    Future market forecast: This week, the trend of the PVC physical market is volatile and upward
    .
    Fundamentally, affected by environmental protection policies, calcium carbide supply is slightly insufficient, supporting stronger prices
    .
    The impact of the recent environmental protection supervision and the G20 summit is still the main driver of the sharp upward trend of the PVC market, and the impact will continue to ferment, in the case of calcium carbide supply shortage has not been alleviated, PVC manufacturers will continue to be restricted, market supply or will continue to decrease, under the support of multiple benefits, the PVC market maintains a high trend in the short term, merchants are mostly based on price shipments, and there is still speculation to
    pull up.
    Futures prices are expected to remain range-bound and volatile
    .

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