PVC morning review on July 26

Raw material prices: 1, Japan naphtha CF Japan reported 376.
38 yuan / ton, down 15; Naphtha FOB Singapore was trading at $40.
06 a barrel, down 1.
67
.
Ethylene CFR Northeast Asia was at $1120/ton, down 15, and CFR Southeast Asia was flat at $1060/ton
.

Spot market: The price of some domestic PVC spot market is basically flat
.
North China calcium carbide law reported 5450 yuan / ton, flat; ethylene law reported 5650 yuan / ton, flat; East China calcium carbide law reported 5600 yuan / ton, flat, ethylene method reported 5750 yuan / ton, flat
.
South China calcium carbide method reported 5620, flat, ethylene method 5860 tons, flat
.
The price of raw materials was basically flat, East China reported 2700 yuan, flat, and Northwest reported 2240 yuan, flat
.

News side: 1, Henan Jiyuan Fangsheng PVC quotation raised, calcium carbide method 5 type material to the outside of 5350 yuan / ton cash remittance, large households slightly lower
.
The production capacity of the enterprise is small, basically based on local consumption, the annual output of 50,000 tons of equipment in the plant is about 80%, and the shipment is acceptable
.

Fundamentally, driven by the rise in coal, PVC prices have been boosted, but the downstream enthusiasm for high-priced raw material procurement is weak, and futures have risen sharply to spot, short-term downstream is in the off-season of demand, market supply pressure is gradually increasing, and it is expected that the price increase momentum is insufficient
.