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On December 22, the average domestic spot price of PVC C5 type was 8430 yuan / ton, the price was flat compared with the previous day, the price fluctuations around the country were less obvious, enterprises mostly stayed on the sidelines, the current mainstream price is about 8300-8700 yuan / ton, the demand is off-season, the northern region is weak in trading, East China and South China continue to maintain rigid demand, buying sentiment is not positive, the overall trading atmosphere of the market is general, and the center of gravity of the transaction has shifted
slightly down.
In terms of fundamentals, blue charcoal enterprises in some regions have been lowered, and calcium carbide market quotations have maintained weak operation in the near future, but the price reduction is relatively limited
.
PVC cost support has weakened, the global PVC production plant operating load is high, spot prices in the international market continue to fall, and export orders are weak.
Fundamentals are still expected to weaken, the spot atmosphere in the PVC market is calm, futures are weak and volatile, spot trading is general, traders are actively shipping, and prices have fallen
.
Type 5 calcium carbide, East China mainstream spot exchange self-pickup 8500-8580 yuan / ton, South China mainstream spot exchange self-pickup 8550-8650 yuan / ton, Hebei cash exchange 8320-8420 yuan / ton, Shandong current remittance 8450-8500 yuan / ton
.
On the supply side, little has changed this week
.
Demand is still weak, due to cold winter weather, the northern downstream product enterprises have not started well; The external market fell in price, and the export margin slowed down
.
Cost support margins weakened
.
PVC factory warehouse and social inventory are high
year-on-year.
Fundamental reality remains weak, and wide volatility is expected to predominate
before demand improves significantly.
