PVC morning review on May 16

News side: 1.
It is understood that Shaanxi Jintai PVC 270,000 tons / year PVC plant was stopped for maintenance last week, and it is expected to resume restart around May 14 at the end of this week, and there is no clear external quotation for calcium carbide 5 materials, and the inventory maintains fixed customers
.

Raw material prices: 1, Japan naphtha CF Japan reported 415.
75 yuan / ton, down 3.
5; naphtha FOB Singapore reported 44.
35 US dollars / barrel, down 0.
39
.
Ethylene CFR Northeast Asia was at $1180/ton, down 10, and CFR Southeast Asia was at $1140/ton, down 5
.

Spot market: The price of some domestic PVC spot market is basically flat
.
North China calcium carbide law reported 5230 yuan / ton, unchanged; ethylene law reported 5510 yuan / ton, flat; East China calcium carbide method reported 5250 yuan / ton, flat, ethylene law reported 5700 yuan / ton, flat
.
South China calcium carbide law report 5220, flat
.
Ethylene method 5780 tons, flat
.
The price of raw materials was basically flat, East China reported 2700 yuan, flat, and Northwest reported 2240 yuan, flat
.

Warehouse receipt data: 262, an increase of 90
.

On the whole, fundamentally, the downstream demand for high-priced raw materials has slowed down, and the market is mainly wait-and-see, but calcium carbide prices are relatively firm in the short term, which has a certain cost support for PVC, and the fundamentals are expected to maintain range-bound
volatility in the short term.