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    Home > Chemicals Industry > New Chemical Materials > PVC morning review on May 17

    PVC morning review on May 17

    • Last Update: 2022-12-02
    • Source: Internet
    • Author: User
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    On Monday, the PVC1609 contract closed slightly lower, testing support around 5000 below, pressure around 5100 above, short-term or maintaining range-bound, short-term recommended trading in the 5000-5100 range
    .

    PVC

    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 5200 yuan / ton, down 30; ethylene law reported 5510 yuan / ton, flat; East China calcium carbide law reported 5210 yuan / ton, down 40, ethylene law reported 5700 yuan / ton, unchanged
    .
    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
    .

    News side: 1, Inner Mongolia Yili PVC 500,000 tons / year device around today (May 16) around the shutdown maintenance, planned for about a week, calcium carbide method 5 type material has no clear external quotation, inventory multi-maintenance old customers
    .

    Warehouse receipt data: 262.

    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 volatility
    in the short term.

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