1、 Price trend

According to the data monitored by the business agency, the price of PVC carbide SG5 fell this week. The average price of domestic PVC was 7348.75 yuan / ton last Friday and 6850 yuan / ton this Friday. The price fell by 6.79% during the week.

2、 Market analysis

The domestic spot market of PVC continued to decline this week. Futures prices fell today, dampening sentiment in the spot market. The wait-and-see mood of downstream enterprises and traders is obvious, downstream procurement is cautious, orders are mainly received on demand, and the delivery and transaction of PVC spot market is general. Up to now, the quotation range of domestic pvc5 electric stone is mostly around 6450-7100 yuan / ton.

In terms of international crude oil, the price of international crude oil futures plummeted on July 5. The settlement price of the main contract of WTI crude oil futures in the United States was $99.50 / barrel, down $8.93 or 8.2%;, The settlement price of the main contract of Brent crude oil futures was $102.77 / barrel, down $10.73 or 9.5%. Oil prices recorded the largest one-day decline since March, with Brent down nearly 10%, mainly due to the rising market concerns about the global economic recession, pressure on the commodity sector, and bearish energy commodities such as crude oil. Taking into consideration, under the premise of tight supply and demand, the driving force of sharp decline is not very strong, but the oil market may intensify the shock in the future, the amplitude will increase, and the market risk will also increase.

In terms of calcium carbide, on July 8, the average price of calcium carbide was 3850 yuan / ton, an increase of 1.32% compared with the average price of 3800 yuan / ton on July 1. The factory prices of calcium carbide manufacturers were mostly stable this week, and the prices of some enterprises rose. The price of blue carbon in the upstream fell slightly, the cost support weakened, the PVC market in the downstream fell slightly, and the demand for calcium carbide weakened. It is expected that in the short term, the price of calcium carbide in Northwest China will temporarily stabilize and consolidate.

3、 Aftermarket forecast

PVC analysts of business agency believe that the spot price of PVC fell this week. At present, the demand of PVC spot market is light. Downstream procurement is cautious, mainly receiving orders on demand, and the transaction atmosphere is general. Futures prices fell today, dampening sentiment in the spot market. It is expected that the PVC market will operate weakly and stably in the short term.