August 11 PVC morning review

Raw material price: 1.
Japan naphtha CF Japan reported 357 yuan / ton, flat; Naphtha FOB Singapore was flat at $37.
47 a barrel
.
Ethylene CFR Northeast Asia was flat at $1075/mt, and CFR Southeast Asia was flat at $1035/mt
.

Spot market: The price of some domestic PVC spot market has risen.

North China calcium carbide law reported 5570 yuan / ton, up 110; ethylene law reported 5950 yuan / ton, up 50; East China calcium carbide law reported 5850 yuan / ton, up 150, ethylene law reported 6050 yuan / ton, up 50
.
South China calcium carbide law reported 5820, up 150, ethylene method 6100 tons, up 70
.
The price of raw materials was basically flat, East China reported 2700 yuan, flat, and Northwest reported 2240 yuan, flat
.

News side: 1.
Shandong Dongyue PVC raised its quotation by 100 yuan / ton today, and the calcium carbide method 5 type material was accepted at 5800 yuan / ton
.
The plant's 120,000 tons/year PVC unit started to recover to about 90%, and the actual transaction is flexible and negotiable
.

Warehouse receipt data: 2095
.

Fundamentally, affected by environmental protection policies, calcium carbide supply is slightly insufficient, supporting the strengthening of prices, and further strengthening the support for PVC costs
.
The short-term PVC social inventory remains at a moderately lower level, but the downstream is tepid, and the futures price is expected to remain range-bound
.