January 4 PVC morning review

Raw material prices: 1, Japan naphtha CF Japan reported 497.
5 yuan / ton, down 0.
5; naphtha FOB Singapore reported 53.
41 US dollars / barrel, down 0.
09
.
Ethylene CFR Northeast Asia was flat at $1140/mt, while CFR Southeast Asia was at $980/mt, down 5
.

Spot market: The price of some domestic PVC spot market fell
slightly.
North China calcium carbide law reported 6240 yuan / ton, flat; ethylene law reported 6810 yuan / ton, unchanged; East China calcium carbide law reported 6300 yuan / ton, flat
.
South China calcium carbide method reported 6300, flat, ethylene method 7320 tons, flat
.
The price of raw materials was basically flat, with East China reporting 3,310 yuan, flat, and Northwest reporting 3,000 yuan, flat
.

News side: 1, Shandong Dongyue PVC price is temporarily stable, calcium carbide method 5 type material reported around 6200 yuan / ton acceptance factory withdrawal, the factory area 120,000 tons / year PVC installation is planned for routine maintenance around January 10, lasting about
5 days.

The northern weather turned cold building materials demand into the off-season impact, downstream procurement enthusiasm slowed down, coupled with environmental inspection, downstream products enterprises shutdown impact, market supply gradually tightened, coupled with the impact of new production capacity and real estate regulation, it is expected that PVC upward momentum is insufficient, but enterprises jointly intend to jointly quote, it is expected that the decline space is limited
.