PVC market continues to be sluggish and low market prices are frequent

U.
S.
WTI crude July futures closed down 0.
39 at $48.
49 a barrel
.
Brent crude for August futures closed down 0.
52 at $49.
83 a barrel
.

Upstream raw materials: Asian ethylene market price is stable, CFR Northeast Asia closed 1039.
5-1041.
5 US dollars / ton, CFR Southeast Asia closed 1044.
5-1046.
5 US dollars / ton
.
The purchase price of individual calcium carbide in Shandong continued to be lowered by 30 yuan / ton, and the rest were temporarily wait-and-see
.
At present, the arrival status of PVC enterprises is different, and the price center of gravity is different, so each company flexibly adjusts the price according to its own arrival and other conditions, or temporarily waits and sees the recent arrival changes before making plans
.
The foreign sales of calcium carbide have increased, and the daily sales volume of Yinglite calcium carbide is 700-800 tons, and the company actively ships mainly and the price is flexible
.
The overall ex-factory price of calcium carbide has shifted down slightly, and the ex-factory price below 2100 yuan / ton has increased
one after another.

Enterprise dynamics: calcium carbide PVC production enterprises quotations fell individually
.
Type 5 ordinary calcium carbide around the surrounding mainstream acceptance factory in Inner Mongolia area 4950-5050 yuan / ton; The mainstream acceptance factory in Shandong is 5140-5300 yuan / ton; The mainstream factory in Hebei is 5150-5250 yuan / ton acceptance; The mainstream factory in Shanxi is 5150-5250 yuan / ton acceptance
.
The mainstream price of ethylene enterprises in East China is 5600-5650 yuan / ton
.

Domestic ethylene PVC enterprises as a whole are mostly stable for the time being
.
At present, Qilu Petrochemical, Tianjin Dagu and LG Dagu in North China are shipped to 5400-5600 yuan / ton, and the real delivery in East China is 5600-5700 yuan / ton, and Taiwan's Formosa Plastics quotation in June is 800 US dollars / ton CFR China's main port
.

From the plate point of view, the price of each district is weak and lower, South China and Northwest China are actively trading, transactions are increasing, traders in the northwest region take advantage of the low market, orders have increased greatly, and the rest of the regions have a strong wait-and-see atmosphere, and the transaction is average
.
As of the close, the settlement price in South China in June was 5350.
58 yuan (ton price, the same below), up 13.
62 yuan; East China settled at 5240 yuan, down 9.
67 yuan; North China settled at 5220 yuan, down 10 yuan; and ethylene settlement price was 5600 yuan, down 10 yuan
.
Fundamentally, today's domestic PVC market continues to be sluggish, traders actively let profits and shipments, market low prices frequently, downstream on-demand procurement, slow follow-up; Upstream manufacturers started normally, inventory gradually increased, and factory prices fell
.
It is expected that the short-term plastic exchange PVC will remain weak
.

The heavy rainfall in the south continues to threaten, affecting the supply and demand of PVC, and the imbalance between supply and demand may further increase, aggravating the pressure on manufacturers and market traders to ship; At present, the manufacturer's operation is stable, the supply continues to be sufficient, the manufacturer's inventory pressure continues to price, and the factory price is slowly falling
.
It is expected that the short-term domestic PVC market will continue to be sluggish, and the rally will be difficult to appear
.