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Recently, PVC plate is running strongly, coupled with the increase in raw material calcium carbide prices, cost support is strengthened, PVC futures and spot prices rise hand in hand, but the rally has not lasted, the middle of the year began to stop rising and falling, domestic mainstream prices began to decline, the market center of gravity continued to shift
.
Although the market has entered the peak season, public health events in various parts of the country are still severe, suppressing some demand, and the recent market transaction is tepid
.
As of the 15th, the price of raw calcium carbide is about 4400-4500 yuan / ton, and the quotation range of domestic PVC5 calcium carbide enterprises is around 8600-9000 yuan / ton
.
The current CFR China price is 1300 US dollars / ton, CFR India price is 1520 US dollars / ton, Southeast Asia is 1395 US dollars / ton
.
According to the weekly rise and fall from February 21, 2022 to May 15, 2022, it can be seen that domestic PVC is mixed in the cycle, with the largest increase in the week of February 28 and the largest decline in the week of February 21, with little overall fluctuation
.
International crude oil, on May 13, international crude oil futures rose
sharply.
The main contract of U.
S.
WTI crude oil futures settled at $110.
49 per barrel, up $4.
36 or 4.
1%; The main contract for Brent crude futures settled at $111.
55 a barrel, up $4.
10 or 3.
8 percent
.
The epidemic situation in Asia has improved, and concerns about demand expectations have eased; Coupled with the market's cautious approach to the EU embargo on Russian oil, expectations of tighter supply are still at play
.
calcium carbide, in mid-May, calcium carbide market or narrow range shock decline.
The price of raw material blue charcoal is consolidating at a low level, the cost support of calcium carbide is weakened, the downstream PVC market has a downward trend, and the downstream demand is weakened
.
The market predicts that calcium carbide prices in the northwest region may fall in a narrow range in mid-May
.
At present, it is the maintenance season, raw materials are raised, supply costs are supported, although downstream demand is less than expected, but there is still a certain degree of resilience, it is expected that the PVC market will continue to fluctuate in
the short term.
