echemi logo
Product
  • Product
  • Supplier
  • Inquiry
    Home > Chemicals Industry > New Chemical Materials > PVC low opening oscillation maintains range fluctuations

    PVC low opening oscillation maintains range fluctuations

    • Last Update: 2022-12-07
    • Source: Internet
    • Author: User
    Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com

    The PVC1805 contract opened at 6705, the highest was 6725 yuan / ton, the lowest was 6580 yuan / ton, and the closing was 6595 yuan / ton, down 40 from the previous trading day, or 0.
    6%
    on the day.
    The trading volume decreased by 439,600 lots, and the position decreased by 15,108 lots to 296,500 lots
    .

    PVC

    Raw material prices: 1, Japan naphtha CF Japan reported 600.
    5 US dollars / ton, up 3.
    5; naphtha FOB Singapore reported 65.
    89 US dollars / barrel, up 0.
    39
    .
    ethylene CFR Northeast Asia 1360, flat; CFR Southeast Asia was flat at $1250/mt
    .

    Spot market: The price of some domestic PVC spot market increased
    slightly.
    North China calcium carbide law reported 6400 yuan / ton, flat; ethylene law reported 6800 yuan / ton, flat; East China calcium carbide method reported 6500 yuan / ton, down 40, ethylene method 7000 yuan / ton, flat; South China calcium carbide method 6490, down 10, ethylene method 6800, flat
    .
    Raw material prices were flat, East China reported 3210 yuan, flat, Northwest reported 3450 yuan, flat
    .

    News: 1.
    The 360,000 tons/year unit of Lutai Chemical PVC plant is operating normally
    .
    The price was reduced by 30 yuan / ton, and the calcium carbide method 5 type factory was accepted at 6420 yuan / ton, and the real market was 50 yuan / ton
    lower.

    The price of calcium carbide, the upstream raw material, loosened slightly, and the price of ethylene was firm
    .
    Although short-term PVC inventory is not high, most enterprises do not have inventory pressure, but the demand is off-season, the downstream is not highly motivated to purchase, spot supply shows an increasing trend, some companies reduce factory prices during the day, short-term attention to the implementation of the ban on waste plastic import policy and downstream pre-holiday stocking demand to support the market
    .

    Technically, the PVC1805 contract opened low and oscillated, testing support around 6500 below, pressure around 6700 above, and maintaining short-term fluctuations
    in the 6500-6700 range.

    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.