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    Home > Chemicals Industry > New Chemical Materials > PVC morning review on May 19

    PVC morning review on May 19

    • Last Update: 2022-12-02
    • Source: Internet
    • Author: User
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    On Wednesday, the PVC1609 contract closed up in volatility, testing support around 5000 below, pressure around 5100 above, short-term or maintaining range-bound, short-term recommended to trade
    in the 5000-5100 range.

    PVC

    Raw material prices: 1, Japan naphtha CF Japan reported 430.
    5 yuan / ton, up 4.
    12; naphtha FOB Singapore reported 46.
    02 US dollars / barrel, up 0.
    53
    .
    Ethylene CFR Northeast Asia was flat at $1180/mt, and CFR Southeast Asia was flat at $1140/mt
    .

    Spot market: The price of some domestic PVC spot market is basically flat
    .
    North China calcium carbide law reported 5200 yuan / ton, flat; ethylene law reported 5510 yuan / ton, flat; East China calcium carbide law reported 5210 yuan / ton, flat, ethylene method reported 5700 yuan / ton, flat
    .
    South China calcium carbide method reported 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, Henan Pingdingshan Shenma PVC new plant equipment started 7-8 percent, today the plant equipment began to stop for maintenance for about a week, calcium carbide method 5 type spot exchange factory quotation 5200 yuan / ton, type 3 less cash exchange factory 5350 yuan / ton, the province high 50 yuan / ton, the actual transaction is slightly lower
    .

    Warehouse receipt data: 335.

    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
    .

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