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Last week, the PVC market fell first and then rose, falling 1.
65%
during the week.
On March 17, the domestic mainstream average price of PVC was 8920 yuan / ton, down 150 yuan / ton from 9070 yuan / ton at the beginning of the week, down 1.
65% during the week, and up 0.
47%
compared with the same period last year.
External prices, currently CFR China is reported at $1310 / ton, CFR Southeast Asia is reported at $1380 / ton, CFR India is reported at $1590 / ton
.
Intraweek market fluctuations, crude oil falling, suppressing the market mentality, PVC companies have been lowered, daily decline of about 100-200 yuan / ton, the market center of gravity downward, at the same time due to the impact of public health events, downstream demand for products industry demand weakened, the industry is more cautious and wait-and-see, the transaction atmosphere is general, the industry mentality is negative, near the weekend, macro warmth boosted, superimposed raw material calcium carbide prices upward, and exports are good, bullish support PVC market to stop falling and turn up
.
At present, the price of raw calcium carbide remains stable at about 4500-4550 yuan / ton, the quotation range of domestic PVC5 calcium carbide enterprises is around 8750-9150 yuan / ton, Tianjin PVC5 calcium carbide 9000-9050 yuan / ton is delivered, the mainstream price of PVC ordinary calcium carbide in Guangzhou is 9100-9200 yuan / ton, the mainstream price of PVC ordinary calcium carbide in Changzhou is 9050-9150 yuan / ton, and the domestic market price fell during the week
。
International crude oil, on March 17, the price of international crude oil futures rose
sharply.
The main contract of U.
S.
WTI crude oil futures settled at $102.
98 per barrel, up $7.
94 or 8.
35%; The main contract for Brent crude futures settled at $106.
64 a barrel, up $8.
62 or 8.
79 percent
.
Oil prices rebounded
sharply after a series of falls.
The main focus is back on expectations of a supply shortage in Russia due to sanctions, which the International Energy Agency (IEA) said would prevent 3 million b/d of Russian supply from entering the market
from April.
In addition, the Fed's interest rate hike boots landed, in line with market expectations, after the profit was exhausted, and the prices of risky assets such as crude oil and stocks rose
.
At present, the market is bearish and intertwined, the disk volatility is obvious, the PVC market may continue to maintain a narrow range of fluctuations in the short term, and it is necessary to pay attention to macro news guidance
.
![disodium 4,4'-bis[[4-anilino-6-[(2-carbamoylethyl)(2-hydroxyethyl)amino]-1,3,5,-triazin-2-yl]amino]stilbene-2,2'-disulphonate CAS NO 27344-06-5](https://file.echemi.com/fileManage/upload/cas/77/e1abc71f-648d-403c-93fe-69b5c9401d56.gif)
