echemi logo
Product
  • Product
  • Supplier
  • Inquiry
    Home > Chemicals Industry > New Chemical Materials > The overall stalemate in the PVC market is mainly The supply pressure is more obvious

    The overall stalemate in the PVC market is mainly The supply pressure is more obvious

    • Last Update: 2022-12-21
    • Source: Internet
    • Author: User
    Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com

    On Friday, the main contract of PVC futures on the Dalian Commodity Exchange opened 8910 yuan / ton at 2105, closing at 8770 yuan / ton, and yesterday's settlement price was 9085 yuan / ton, down 3.
    47%, trading range 8720-8960 yuan / ton, trading 692631, position 303026
    .

    PVC

    The PVC spot market operated weakly during the day under the influence of the continued decline in the futures market; The upstream calcium carbide market continues to operate at a high level, and the pressure of supply shortage is still obvious; The purchase intention of downstream end customers is general, and the shipment resistance is large
    .
    The domestic mainstream price within the day, calcium carbide method price is 8950-9020 yuan / ton, ethylene method price is 9300-9480 yuan / ton
    .

    Hangzhou market quotation was lowered, and the mainstream remained at 8850-8950 yuan / ton; The quotation of Changzhou PVC market was narrowly reduced, and the mainstream price of calcium carbide method remained at 8950-9000 yuan / ton; The price of PVC market in Guangzhou was slightly reduced, and the mainstream reference quotation of calcium carbide type 5 was 8850-8950 yuan / ton; The quotation of Linyi PVC market is temporarily stable, and the delivery price of type 5 source refers to about 9050-9150 yuan / ton, and the source price of Inner Mongolia is slightly lower
    .

    At present, raw calcium carbide and ethylene prices are running at a high level, PVC cost pressure increases, due to the uneven arrival of calcium carbide and high prices, some PVC manufacturers reduce load operation or shutdown, it is expected that the overall stalemate of the PVC market in the short term, but sporadic or there is a possibility of a narrow decline, and the subsequent need to pay attention to the resumption of real estate and the trend
    of the futures market.

    This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.

    Contact Us

    The source of this page with content of products and services is from Internet, which doesn't represent ECHEMI's opinion. If you have any queries, please write to service@echemi.com. It will be replied within 5 days.

    Moreover, if you find any instances of plagiarism from the page, please send email to service@echemi.com with relevant evidence.