PVC market price shock finishing operation

Last week, PVC calcium carbide SG5 first rose and then fell, and the overall price was slightly raised
.
At present, the overall trading situation of the market is relatively general, the actual transaction situation of the spot market is general, the enthusiasm for inquiry and taking goods is weak, more wait and see, the actual order transaction is more cautious, and the rigid demand is the mainstay
.
Up to now, the domestic PVC5 calcium carbide quotation range is mostly
around 5700-6300 yuan / ton.

In terms of crude oil, international crude oil futures closed lower
on December 8.
The main contract for U.
S.
WTI crude futures settled at $71.
46 a barrel, down $0.
55 or 0.
76%.

The main contract for Brent crude futures settled at $76.
15 a barrel, down $1.
02 or 1.
32%.

Markets are gripped by bearish sentiments, oil markets weighed down by recession fears, expectations of a Fed rate hike next week weigh on oil prices, and energy demand weakens
.

In terms of calcium carbide, the average ex-factory price of mainstream manufacturers of calcium carbide in Northwest China fell from 3800 yuan / ton to 3766.
67 yuan / ton last week, a decrease of 0.
88%.

The price of upstream blue charcoal is consolidating at a high level, the cost support is better, the downstream PVC market rises first and then falls, and the demand for calcium carbide weakens
.

The future market predicts that PVC rose first and then fell last week, with a slight upward revision
.
Downstream demand is general, on-demand procurement is the mainstay, and new orders are limited
.
It is expected that in the short term, the price of the PVC market will fluctuate and finish
.
Keep an eye on news surface changes
.