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In August, the market price of PVC calcium carbide SG5 fluctuated, and the overall trend was mainly
declining.
The average domestic PVC price on August 1 was 6775.
71 yuan / ton, and the average price on August 31 was 6467.
14 yuan / ton, and the price fell by 4.
55%
within the month.
In early August, the price of PVC market fluctuated and fell, the market was relatively light, and traders were not very motivated to take goods
.
Prices continued to fall in mid-August, due to the release of real estate data from January to July, most of the data declined, affected by the PVC market confidence is obviously insufficient, the market conditions weakened, and the sales of holders were under pressure
.
Since the end of August, the price of PVC futures market has risen first, and the spot market has followed up with the better, and traders have increased their enthusiasm for taking goods, receiving orders more actively, and the market trading atmosphere is acceptable
.
Monthly low futures prices fell, spot center of gravity downward, and prices fell
slightly.
Up to now, the domestic PVC 5 calcium carbide quotation range is mostly
around 6050-6600 yuan / ton.
In terms of international crude oil, on August 30, international crude oil futures fell
sharply.
The main contract of U.
S.
WTI crude oil futures settled at $91.
64 per barrel, down $5.
37 or 5.
5%; The main contract for Brent crude futures settled at $97.
84 a barrel, down $5.
09 or 4.
9 percent
.
The turmoil in Iraq, OPEC's second-largest crude oil exporter, failed to affect crude oil exports, and rumors of a nuclear deal on Iran were expected to be reached, and there were widespread fears that global central bank interest rate hikes would lead to a recession, which in turn affected fuel demand, weighing on oil prices
.
In terms of calcium carbide, the ex-factory price of calcium carbide in the northwest region has fluctuated
this month.
This month, the average ex-factory price of mainstream calcium carbide manufacturers in Northwest China first rose from 3900.
00 yuan / ton on August 1 to 4050.
00 yuan / ton on August 8, an increase of 3.
85%.
Then opened the decline mode, all the way down to 3600.
00 yuan / ton on August 24, down 11.
11%.
At the end of the last month, there was a slight increase, an increase of 2.
78%, compared with the same period last year, down 32.
11%
year-on-year.
From the perspective of upstream and downstream market conditions, the price of calcium carbide upstream blue charcoal has temporarily stabilized
this month.
This month, the price of calcium carbide downstream PVC market fluctuated and fell, and the downstream enthusiasm for calcium carbide procurement weakened, which had a negative impact
on calcium carbide prices.
The future market predicts that the price of calcium carbide in the northwest region in mid-to-early September will rise slightly, mainly sorted out
.
At present, the PVC futures market has fallen slightly, affecting the confidence of the spot market, and the trading status of the spot market is not good
.
At present, the completion cycle of the "Golden Nine Silver Ten" real estate is approaching, and it is expected that the demand will be improved to a certain extent in September
.
In the short term, the PVC market is still dominated by range
shocks.