PVC futures prices rebounded The market was stable and improving

In July, the market price of PVC calcium carbide SG5 fell first and then rose, and the overall price fell mainly
.
PVC spot prices continued to decline
in the first and middle of the year.
Since the end of the year, the futures market price has begun to rebound, and the spot market sentiment has also improved, and the price has continued to rise
.
At present
, the PVC spot market has good confidence.
Traders are still enthusiastic about taking goods, and downstream manufacturers purchase
on demand.
As of the 30th, the domestic PVC 5 calcium carbide quotation range is mostly around 6550-7000 yuan / ton
.

In terms of international crude oil, on July 28, international crude oil futures were mixed
.
U.
S.
WTI crude oil futures fell, with the main contract settling at $96.
42 per barrel, down $0.
84 or 0.
86%; Brent crude futures edged higher, with the main contract settling at $101.
83 a barrel, up $0.
16 or 0.
16%.

Against the background of global central bank interest rate hikes, recession expectations may drag down energy demand and supply tightening expectations, and oil prices are stalemated
.

In terms of calcium carbide, the ex-factory price of calcium carbide in the northwest region rose first and then fell
this month.
This month, the average ex-factory price of mainstream calcium carbide manufacturers in Northwest China first rose from 3800.
00 yuan / ton on July 1 to 3850.
00 yuan / ton on July 6, an increase of 1.
32%, and then fell to 3816.
67 yuan / ton on July 28, a decrease of 0.
87%.

Compared with the same period last year, it decreased by 25.
65%
year-on-year.
In mid-to-early August, the calcium carbide market or a slight shock decline, mainly
sorted out.
The price of upstream raw material blue charcoal has recently consolidated at a low level, and the cost support of calcium carbide is insufficient
.
The downstream 1,4 butanediol and PVC markets fell sharply, and downstream demand weakened
.
The future market predicts that calcium carbide prices in the northwest region will fluctuate slightly in mid-to-early August, mainly sorted out
.

Overall, the current PVC futures price rebound, which is good for the spot market, the transaction has improved, the trading atmosphere of the spot market is good, and the inventory has decreased
slightly.
It is expected that the PVC market will be stable and good
in the short term.