January 2018 cable raw materials (PVC) monthly report

First, the upstream market dynamics of cable raw materials (PVC).

(1) Calcium carbide market dynamics

This month, the raw material calcium carbide market performance is chaotic, most regions of the price center of gravity is lower than last month, sporadic regional price increases, up and down fluctuations of 100 yuan / ton or less
.
Downstream PVC enterprises flexibly adjust the purchase price according to their own arrival conditions, and calcium carbide enterprises also flexibly adjust the sales price
according to their own shipment conditions.
However, downstream PVC and other enterprises continue to start at a high level, the demand for calcium carbide is better, coupled with frequent snowfall weather within the month affects the normal transportation of calcium carbide, the concentrated production of calcium carbide furnace in Shaanxi is abnormal in the month, and the local freight rate in North China and other places is strictly inspected, which comprehensively causes the arrival of calcium carbide in downstream enterprises to be unstable, and the arrival volume is more and less, and the price will rise and fall
.
On the whole, there was no obvious misalignment between calcium carbide supply and demand in January, and supply and demand tended to balance at the end of the month, and the wait-and-see atmosphere was
stronger.

(2) Crude oil market dynamics

In January, international crude oil prices as a whole showed a trend of stabilization after a volatile rise
.
In the first half of the month, oil prices showed a volatile upward trend, with high refinery starts in the United States and crude oil inventories continuing to decline, although the pressure on refined oil products was greater, but it still boosted oil prices
.
The rally in the second half of the month was weak and continued to consolidate
at a high level.
Oil prices have a weak upward momentum, U.
S.
crude oil production expectations strengthened, bulls took profits at a high level and left the market, and oil prices ushered in a downward revision
after a high consolidation.