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The PVC market fell first and then rose this week, 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
.
This week's market volatility, crude oil fell, suppressing the market mentality, PVC companies have been lowered, daily decline of about 100-200 yuan / ton, the market center of gravity downward, while 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 mentality of the industry is negative, near the weekend, macro warmth boost, superimposed raw material calcium carbide prices upward, and exports are good, more support PVC market to stop falling and turn up
.
In terms of calcium carbide, on March 17, the reference price of calcium carbide was 4533.
33, an increase of 10.
57% compared with March 1 (4100.
00), the price of upstream blue charcoal rose sharply, the cost support was strengthened, the downstream PVC market rose slightly, and the demand for calcium carbide increased
.
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
。
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
.
