March 18 analysis of the price of PVC raw materials PVC
March 18 analysis of the price of PVC raw materials PVC
A brief description of the market
PVC market sees air enveloping, the market continues weak. There is no obvious improvement in the oversupply situation. Traders are not in a good mood, and they are selling more and selling more.
Ii. Brief introduction of the upstream market
Crude oil futures fell on Monday, with the New York mercantile exchange closing down 81 cents, or 0.8%, to $98.08 a barrel on April. Brent crude fell $1.97, or 1.8 percent, to $106.24 a barrel.
On Monday (March 17), Asian ethylene prices were stable, CFR northeast Asia holding steady at 1489.5- $1491.50 / ton, CFR southeast Asia holding steady at 1449.5-1451.5 usd/ton.
3. Market conditions everywhere
The price of PVC market is weak and stable.
The PVC market in qilu chemical city continued to be lowered, and the atmosphere was light. At present, the tax information of all materials is: s700/1000 is 6660 yuan/ton, the actual implementation is low, QS1000F/800F is short of 6850 yuan/ton, the transaction has low price. The sale of 700/1000 is not taxed at 6230 yuan/ton.
The price of the PVC market in wuxi is stable and weak. The prices of ordinary electrical stone materials are 5830-5930 yuan/ton, yihua yuan is 5830 yuan/ton, zhongtai self-mentioned 5930 yuan/ton, and yingli from 5900 yuan/ton.
Hangzhou area PVC market is stable, clinch a deal. The ordinary stone quotation in 5940-6070 yuan/ton, can be expected to 6070 yuan/ton, tianchen day day type 7 to 6300 yuan/ton, hundred million to 6060 yuan/ton, rui constant since the 5960 yuan/ton, you are the 5940 yuan/ton, slightly flexible execution.
Iv. Latest quotation
Taizhou liancheng PVC installation commenced on the order of 5 percent, the quotation was stable, US65/US57/US60 was 7000 yuan/ton, US70 was 7150 yuan/ton. Us $1,020 per ton.
Inner Mongolia jun is PVC old device starts normally, price stability, 5 type electric stone ex-factory price is in 5850 yuan/tons of acceptance, low in cash 100 yuan/ton, the floors of east China price 6000 yuan/ton acceptance, big preferential 50 yuan/tons, slightly flexible execution.
The jining jinwei PVC installation starts on 4 percent, the price is reduced by 100 yuan/ton, 5 types of electric stone materials are reported at 6100 yuan/ton acceptance, and the execution part can be negotiated.
5. Prediction of future market
Peripheral positive factor promotion is limited, some area quotation still has downcut space. The businessman is on the fence of a strong, cautious operation. Downstream construction is insufficient, demand follow-up is slow. It is estimated that there is still room for the weak consolidation of PVC market.
