-
Categories
-
Pharmaceutical Intermediates
-
Active Pharmaceutical Ingredients
-
Food Additives
- Industrial Coatings
- Agrochemicals
- Dyes and Pigments
- Surfactant
- Flavors and Fragrances
- Chemical Reagents
- Catalyst and Auxiliary
- Natural Products
- Inorganic Chemistry
-
Organic Chemistry
-
Biochemical Engineering
- Analytical Chemistry
- Cosmetic Ingredient
-
Pharmaceutical Intermediates
Promotion
ECHEMI Mall
Wholesale
Weekly Price
Exhibition
News
-
Trade Service
In this issue (December 15~21), the weakening of the US dollar exchange rate supported the continued slight rise in international oil prices
.
Affected by the domestic epidemic control policies in the early stage, market confidence increased, driving the overall trend of commodities to improve, but as the macro favorable was gradually digested, the plastic futures market as a whole showed a pullback trend
.
Downstream enterprises just need to purchase, and high-level transactions need to be followed
.
The Guangdong Plastics Exchange has a stable market and the overall transaction is average
.
As of the close, the China Plastics Price Index on the Plastics Exchange was at 1062.
25 points
.
From the perspective of the main varieties, the polyvinyl chloride (PVC) market is sorted
out at a high level.
The trend of futures stimulated traders to quote higher, but December is still in the demand off-season, terminal procurement is relatively flat, downstream just need to purchase, high-price procurement is insufficient
.
As of the end of the period, the mainstream self-pickup price of type 5 ordinary calcium carbide in South China and East China market was 6200~6300 yuan / ton
.
At the end of December, as the macro policy stimulus faded, the market gradually returned to the supply and demand side
.
Demand performance of downstream enterprises is flat
.
On the one hand, PVC prices are at a staged high, which inhibits downstream procurement willingness
.
On the other hand, at the end of the year and the beginning of the year, the terminal is in the off-season of demand, and the willingness to stock up during the downstream New Year's Day holiday is not strong
.
In addition, since the implementation of the epidemic optimization measures, the number of employees staying at home has increased, which has indirectly affected the start of work
.
In terms of exports, as India's demand is gradually met and the market tends to be saturated, China's PVC exports have a slowing down
.
Overall, domestic PVC demand is weak, and it is expected that the short-term PVC market will still pull back
slightly.
