The spot market price of PVC fell this week (2.3-2.10)

1、 Price trend

 

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According to the data monitored by the Business News Agency, the price of PVC carbide SG5 fell this week. The average price of domestic PVC was 6250 yuan/ton last Friday, and the average price was 6153.33 yuan/ton this Friday. The price fell 1.55% in the week.

 

2、 Market analysis

 

The domestic spot market price of PVC was reduced this week. At present, the spot market is relatively light, and the enthusiasm of downstream and traders to take goods is not high. The futures price fell today, affecting the confidence of the spot market. In addition, the current performance of real estate data is less than expected, the price of calcium carbide is reduced, and the support of raw materials is limited. The market inquiry is OK, wait and see, and deal with the actual order carefully. Up to now, the domestic price range of PVC5 carbide is mostly around 5850-6350 yuan/ton.

 

In terms of crude oil, international crude oil futures closed slightly lower on February 9. The settlement price of the main contract of US WTI crude oil futures was 78.06 US dollars/barrel, down 0.41 US dollars or 0.5%. The settlement price of the main contract of Brent crude oil futures was US $84.50/barrel, down US $0.59 or 0.7%.

 

In terms of calcium carbide, according to the data monitored by the Business Society, the average price of calcium carbide was 3783.33 yuan/ton last Friday, and 3683.33 yuan/ton this Friday. The price fell 2.64% in the week. The price of calcium carbide manufacturers fell this week. The price of upstream blue charcoal fell slightly, the cost support was insufficient, the downstream PVC market fell slightly, and the demand for calcium carbide weakened.

 

3、 Aftermarket forecast

 

PVC analysts from the Business News Agency believe that the spot price of PVC fell this week. At present, the demand of PVC spot market is general. The real estate data has not improved. Downstream enterprises are more wait-and-see, the actual transaction is limited, and the market trading atmosphere is general. It is expected that in the short term, the PVC market will still fluctuate and operate, and pay close attention to the changes in the news.

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