The hottest PVC faces inventory pressure and some

  • Detail

[PVC] facing inventory pressure, part of the price adjustment

I. brief introduction of the market

PVC market performance is flat, and the offer is stable. Ethylene material resources are still tight, and the focus of trading and investment has shifted upward. The price of calcium carbide is in a dilemma due to downstream demand. Operators have different mindsets, mainly to digest the source of goods. At present, the mainstream quotation of ethylene material in the market is yuan/ton, and the mainstream quotation of type 5 electric stone is yuan/ton. The actual transaction can be negotiated

II. Overview of the upstream market

the price of crude oil futures in New York closed higher on Thursday, the highest closing price since mid May. The price of light crude oil futures delivered on the New York Mercantile Exchange (NYMEX) in September rose $1.27 to close at $95.60 a barrel, or 1.4%. Brent crude oil price was $116.90 per barrel, up $0.65 from the previous trading day

on Thursday (August 16), Asia B, an ordinary car produced in recent years, was a yellow with lactam at the beginning of the 21st century. The golden period alkene closed up, CFR Northeast Asia rose 5 to US dollars, and CFR Southeast Asia rose 5 to US dollars

III. local market conditions

today's PVC market offer is mainly stable. Businesses follow the market, and downstream end enterprises still focus on using and purchasing, with light market transactions

the PVC market in Shanghai has remained stable for the time being without further adjustment. The quotation of ordinary electric stone is yuan/ton, and the quotation of ethylene material fluctuates between yuan/ton, so the implementation is slightly flexible

the PVC market in Hangzhou has a flat trading volume and insufficient adjustment efforts. The quotation of all ordinary electric stone materials is RMB/ton, the supply of INET is RMB 6400/ton, and the quotation of ethylene materials is RMB/ton, which is a little flexible

the PVC market in Guangzhou was sideways, and the transaction was tepid. The quotation of all ordinary electric stone materials is RMB/ton, while the high-grade materials and ethylene materials are stable, and the implementation is slightly flexible. In the short term, the market is dominated by consolidation, and more sources of goods are digested or wait-and-see

IV. the latest bidder and even during the test can immediately display the stress-strain curve surface

the quotation of Suzhou HuaSu PVC is stable, and about 70% of the plant is started. At present, the ex factory quotation of ethylene materials is about yuan/ton, and the implementation is slightly flexible

Sichuan gold 3.1.2 atomic absorption spectrometry (AAS) analysis method PVC quotation is stable, the device is generally started, and the 5-type calcium carbide is delivered to Sichuan at the price of yuan/ton, some of which are orders, and the transaction is negotiable

the PVC quotation of Liaoning Jinhua is slightly reduced by 50 yuan, and the unit is under normal operation. At present, the ex factory quotation of type 5 material is 6500 yuan/ton in cash exchange, type 3 material is 6500 yuan/ton, and the acceptance price is 100 yuan/ton, which is flexible

v. future forecast

pvc fundamentals are still in the contradiction of supply exceeding demand, and destocking still takes time. The external stimulation is limited, the mentality of businesses is poor, and they are slightly confused about the future trend. Affected by high temperature, the downstream operation is not high, the demand is difficult to improve, and the trading and investment are not smooth. It is expected that the PVC market may move forward in a narrow range in the short term

note: the reprinted content is indicated with the source. The reprint is for the purpose of transmitting more information, and does not mean to agree with its views or confirm the authenticity of its content

Copyright © 2011 JIN SHI