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    Home > Chemicals Industry > New Chemical Materials > Analysis of domestic PVC market this week (8.8-8.12)

    Analysis of domestic PVC market this week (8.8-8.12)

    • Last Update: 2022-12-03
    • Source: Internet
    • Author: User
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    According to the monitoring data of the cable network, the spot price performance of the PVC market this week fluctuated upward
    .
    The average price of PVC spot at the beginning of the week was 5590 yuan / ton, and the weekend price was 5770 yuan / ton, up 180 yuan / ton, an increase of 3.
    22%.

    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 US added 255,000 non-farm payrolls in July, significantly better than the expected 180,000, and the June value was revised up to 292,000 from 287,000
    .
    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
    .
    On the one hand, the main reason is that the influence of environmental protection inspectors continues to ferment, resulting in tight prices of raw calcium carbide, a sharp decline in PVC manufacturers' starts, and tight spot supply in various domestic markets; On the other hand, affected by the G20, transportation in East China has been restricted, arrivals have decreased, and traders have been reluctant to sell and raise prices
    .

    Spot market: Some domestic PVC spot market prices rose this
    week.
    North China calcium carbide law reported 5670 yuan / ton, flat; ethylene law reported 6070 yuan / ton, up 45; East China calcium carbide law reported 5870 yuan / ton, flat, ethylene law reported 6150 yuan / ton, flat
    .
    South China calcium carbide method reported 5820, flat, ethylene method 6250 tons, up 30
    .
    The price of raw materials was basically flat, East China reported 2700 yuan, flat, and Northwest reported 2240 yuan, flat
    .

    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, PVC analyst Fan Tinglu of the rubber and plastic branch of the business agency expects that in the short term, the PVC market maintains a high trend, merchants are mostly based on price shipments, and there is still a possibility of speculation
    。 Futures prices are expected to remain range-bound and volatile
    .

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