echemi logo
Product
  • Product
  • Supplier
  • Inquiry
    Home > Chemicals Industry > New Chemical Materials > June 17 PVC morning review

    June 17 PVC morning review

    • Last Update: 2022-12-02
    • Source: Internet
    • Author: User
    Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com

    On Thursday, the PVC1609 contract closed in volatility, testing support around 4950 below, pressure around 5100 above and maintaining short-term volatility in the 4950-5100 range, range trading
    is recommended.

    PVC

    News side: 1, Sichuan Yibin Tianyuan PVC 380,000 tons / year plant started normally, the factory quotation was slightly reduced, calcium carbide method 5 type material in Sichuan to implement 5200 yuan / ton delivery, enterprise inventory is slightly higher, the source of goods is mainly local digestion, the actual transaction can be negotiated
    .

    Raw material prices: 1, Japan naphtha CF Japan reported 416.
    88 yuan / ton, down 1.
    62; naphtha FOB Singapore reported 44.
    54 US dollars / barrel, down 0.
    16
    .
    Ethylene CFR Northeast Asia was flat at $1040/mt, and CFR Southeast Asia was flat at $1045/mt
    .

    Spot market: The price of some domestic PVC spot market is basically flat
    .
    North China calcium carbide law reported 5160 yuan / ton, flat; Ethylene law reported 5430 yuan / ton, flat; East China calcium carbide law reported 5200 yuan / ton, down 20, ethylene law reported 5600 yuan / ton, unchanged
    .
    South China calcium carbide method reported 5200, flat, ethylene method 5650 tons, flat
    .
    The price of raw materials was basically flat, East China reported 2700 yuan, flat, and Northwest reported 2240 yuan, flat
    .

    Fundamentally, the spot market is under-traded, but the spot market price is stable, short-term profit-driven some devices have plans to resume production, and into the northern summer harvest season in June, demand slows down, market equipment maintenance is small, it is expected that the supply of the market will increase, and the PVC price has limited
    upward momentum.

    This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.

    Contact Us

    The source of this page with content of products and services is from Internet, which doesn't represent ECHEMI's opinion. If you have any queries, please write to service@echemi.com. It will be replied within 5 days.

    Moreover, if you find any instances of plagiarism from the page, please send email to service@echemi.com with relevant evidence.