Stalemate is difficult to break the PVC market to maintain the consolidation pattern

Wednesday CFR ethylene price in Northeast Asia rose by US$10/ton to US$1,179/ton, which was mainly driven by strong downstream market trends. CFR Southeast Asia ethylene prices also increased by US$10/tonne to US$1201/ton, driven by the rising market in Northeast Asia. However, the number of traders in the venue is scarce because there is sufficient inventory of downstream users in Singapore. Calcium carbide: Current PVC plant calcium carbide receiving price: Premium grade Shandong receiving price 4150-4250 yuan / ton; Hebei Hebei area calcium carbide receiving price 4......

Wednesday CFR ethylene price in Northeast Asia rose by US$10/ton to US$1,179/ton, which was mainly driven by strong downstream market trends. CFR Southeast Asia ethylene prices also increased by US$10/tonne to US$1201/ton, driven by the rising market in Northeast Asia. However, the number of traders in the venue is scarce because there is sufficient inventory of downstream users in Singapore.

The current PVC plant calcium carbide reception price: Premium grade Shandong receiving price 4150-4250 yuan / ton; Hebei Hebei area calcium carbide receiving price 4000-4100 yuan / ton; Henan area calcium carbide mainstream receiving price in 3950-4050 yuan / ton; Jiangsu and Zhejiang The receiving price of 285L/KG is RMB 4300-4400/ton; the receiving price of 295L/KG in Northeast China is RMB 4200-4300/ton; the receiving price in Shanxi is RMB 3900-4100/ton.

Calcium carbide company quotes maintain a large stable trend, the mainstream is still around 7750-7900 yuan / ton, cash, low-end Henan region at 7650 yuan / ton, Inner Mongolia mainstream in the 7500-7600 yuan / ton, ethylene material prices to maintain Stable, in North China in the 8100-8300 yuan / ton; East China in the 8400-8500 yuan / ton, calcium carbide method companies currently in stock is not large, the start is not high, the high transaction is not good, mainly in order to pre-order.

PVC** main force in January to close 8425 up 10 yuan / ton, ** intraday high volatility eventually ended negative, heavy volume down, short-term fear will continue downward. The spot market has a bad atmosphere. Although the company's offer is still rising from time to time, but mainly for the low sales are completed, but also the main order, the high turnover is poor, the current corporate spreads increase, the market weakness is difficult to rise, continue to maintain weak adjustments, The short-term stalemate in the spot market is difficult to break and continues to maintain the consolidation pattern.

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