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    Home > Chemicals Industry > New Chemical Materials > PVC futures prices both fell, weighing on market confidence

    PVC futures prices both fell, weighing on market confidence

    • Last Update: 2022-12-26
    • Source: Internet
    • Author: User
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    PVC domestic spot market prices fell last week, and futures prices also fell
    .
    The overall market operation of the market is weak, the spot market transaction is not good, confidence is insufficient, the market price gradually declines slightly, and the actual transaction is limited
    .
    Up to now, the domestic PVC5 calcium carbide quotation range is mostly around 5750-6450 yuan / ton
    .

    PVC

    In terms of crude oil, on October 20, the settlement price of international crude oil futures was basically unchanged from the previous trading day
    .
    The U.
    S.
    WTI crude oil futures December contract (for month) settled at $84.
    51 per barrel, down $0.
    01, while the main contract of Brent crude futures settled at $92.
    38 per barrel, down $
    0.
    03.
    The game between supply and demand intensified, and oil prices reached a stalemate
    .

    In terms of calcium carbide, the ex-factory price of calcium carbide in the northwest region rose
    slightly last week.
    The average ex-factory price of mainstream manufacturers of calcium carbide in Northwest increased from 3950 yuan / ton to 3966.
    67 yuan / ton, an increase of 0.
    42%.

    In late October, the calcium carbide market or narrow range of fluctuations mainly fell
    .
    The price of raw material blue charcoal is running at a high level, the cost support of calcium carbide is better, the downstream PVC market is in a narrow range of fluctuations, and the downstream demand is weakened
    .
    In late October, calcium carbide prices in the northwest region may fall in a narrow range
    .

    The future market predicts that the current price of PVC futures fell last week, suppressing market confidence
    .
    The overall demand in the market is light, the new order transaction is limited, and the trading atmosphere is not good
    .
    It is expected that in the short term, the price of PVC market will be weak and stable
    .
    Keep an eye on news surface changes
    .

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