Cable Raw Materials (PVC) Weekly Report (3.13-3.17)

(1) Calcium carbide market dynamics

This week, the domestic calcium carbide market has been slightly adjusted this week, calcium carbide enterprises basically have no inventory, and some arrival areas have lowered the purchase price to control the arrival, and it is expected that the domestic calcium carbide market will consolidate
at a low level in the short term.
Downstream product enterprises resumed production less than expected, while most of them still have stock inventory to digest, in addition, affected by environmental protection supervision, the start of some downstream product enterprises in the Beijing-Tianjin-Hebei region was blocked, the overall market demand was general, downstream manufacturers are mostly on-demand procurement, and it is expected that next week will maintain the situation of appropriate procurement on demand
.

(2) Ethylene market dynamics

Due to stable demand and the imminent maintenance support of some companies, Asian ethylene market quotations fell, CFR Northeast Asia fell 45 to 1164.
5-1166.
5 US dollars / ton; CFR Southeast Asia fell 20 to $1079.
5-1081.
5 / ton
.
Ethylene prices closed low, Nanyang supplies were abundant, and some merchants were considering moving goods from Southeast Asia to Northeast Asia
.
The ethylene market price is temporarily stable, and the market investment is quiet
.