PVC morning review on July 14

Raw material prices: 1, Japan naphtha CF Japan reported 391.
75 yuan / ton, down 4.
75; naphtha FOB Singapore reported 41.
84 US dollars / barrel, down 0.
52
.
Ethylene CFR Northeast Asia was flat at $1135/mt, and CFR Southeast Asia was flat at $1095/mt
.

Spot market: The price of some domestic PVC spot market has risen.

North China calcium carbide law reported 5450 yuan / ton, flat; ethylene law reported 5550 yuan / ton, flat; East China calcium carbide law reported 5620 yuan / ton, up 60, ethylene law reported 5650 yuan / ton, unchanged
.
South China calcium carbide method reported 5620, up 20, ethylene method 5770 tons, up 20
.
The price of raw materials was basically flat, East China reported 2700 yuan, flat, and Northwest reported 2240 yuan, flat
.

News side: 1.
The Central Committee of Excise and Customs of India issued an announcement that it accepted the affirmative final ruling of the anti-dumping sunset review of polyvinyl chloride paste resin originating in or imported from South Korea, Taiwan, China, Malaysia, Thailand, Russia and the European Union on April 26, 2016, and continued to impose anti-dumping duties
on the products involved for a period of 5 years.

Fundamentally, the sharp rise in commodities such as coal and iron ore within the day has led to the strengthening of PVC futures prices, but the downstream enthusiasm for high-priced raw material procurement is weak, and futures have risen sharply to spot, and the market is facing the arrival of the demand off-season, and it is expected that the price increase space is limited
.