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Last week, the PVC futures spot market was weak at the same time, the central bank's macro-control and international crude oil futures stabilized and rebounded at the beginning of the week, PVC futures were affected by this slight rebound, the off-season state of supply was stronger month-on-month and demand continued to be weak, overseas production equipment supply was good, exports entered a weak state, social inventory was higher than in previous years under the expectation of weakening PVC fundamentals, and it was difficult to have obvious support
on the spot side.
In terms of spot, as of December 10, the spot price of East China calcium carbide type 5 was 8750 yuan / ton, and the price of ethylene method was 9450 yuan / ton
.
The spot price of South China calcium carbide type 5 is 8800 yuan / ton, and the price of ethylene method is 9400 yuan / ton
.
Last week, CIF prices in Southeast Asia fell by $70/mt to $1450/mt, CFR China fell by $50/mt to $1400/mt, US Gulf FAS fell by $150/mt to $1850/mt, and CIF in India fell by $40/mt to $1600/mt
.
In terms of supply, as of December 9, the overall operating load of domestic PVC was 76.
55%, down 1.
44 percentage points from the previous month; of which the calcium carbide PVC starting load was 79.
53%, down 0.
87 percentage points from the previous month; the ethylene PVC starting load was 65.
55%, down 3.
56 percentage points
from the previous month.
In terms of demand, the weather turned cold and the demand in the north further weakened, the number of orders of downstream enterprises declined, the overall operating load remained low and it was difficult to significantly improve, and the overall weak industrial product market atmosphere was not high in the enthusiasm of enterprises to inquire and purchase, maintain rigid procurement, and have limited
ability to undertake high-priced sources.
The global PVC supply has gradually increased, the spot price in the international market has continued to weaken, the domestic PVC export arbitrage performance is weak, and the social inventory is relatively high compared with previous years, and the fundamentals remain weak
.
In futures, the coal sector continued to weaken, and the calcium carbide PVC cost support was expected to
weaken.
The seasonal off-season affects the demand-side operating load is difficult to increase, and the weather turns cold, and there are further
signs of weakening demand in the future.
In the short term, the PVC spot market is weak and difficult to change, and the futures rebound is relatively weak
.
![disodium 4,4'-bis[[4-anilino-6-[(2-carbamoylethyl)(2-hydroxyethyl)amino]-1,3,5,-triazin-2-yl]amino]stilbene-2,2'-disulphonate CAS NO 27344-06-5](https://file.echemi.com/fileManage/upload/cas/77/e1abc71f-648d-403c-93fe-69b5c9401d56.gif)
