December 2018 cable raw materials (PVC) monthly report

According to the latest data from the National Bureau of Statistics, the domestic calcium carbide production in November 2018 was 2.
325 million tons, an increase of 10.
3% year-on-year, and the cumulative output increased by 4.
5%
year-on-year.
The total output of the top ten provinces and regions was 23.
3 million tons, a year-on-year increase of 3.
75%.

Under the influence of supply and demand, calcium carbide prices oscillate
weakly.

Raw materials are mixed
.
Among them, the price of ethylene in Asia fell by 30-35 US dollars / ton; VCM CFR Southeast Asia prices fell by $10/mt; Asian EDC prices held steady
.
VCM was sluggish due to sluggish demand, continued high inventories, and weakened domestic PVC market and prices fell
.
This week's calcium carbide market supply is tight, the price continues to rise, the increase range of 100-200 yuan / ton, calcium carbide enterprises start unstable, and the main production area of the Ukrainian League, Junger Banner and other places still limited electricity phenomenon affects the start of the device, the current downstream PVC enterprises start high, comprehensively, calcium carbide next week still has an upward trend, short-term supply tension is difficult to alleviate
.