Analysis of PVC price of plastic raw materials on

Analysis of PVC price of plastic raw materials on January 14

I. brief introduction of the market

pvc market maintains a narrow consolidation pattern. Merchants sold goods at a small margin, with no significant increase in downstream purchasing power, cautious inquiry and flat trading

II. Brief introduction to the upstream market

oil prices rose and fell on Wednesday. The settlement price of WTI crude oil futures in February on the New York Mercantile Exchange (NYMEX) closed up 4 cents to $30.48 a barrel. The settlement price of Brent crude oil futures in February fell only 55 cents, or 1.8%, to $30.31 a barrel on the London Intercontinental Exchange (I is expected to continue to grow at a compound annual growth rate of 6%)

on Wednesday (January 13), the quotation of ethylene market in Asia was stable, and the price of CFR Northeast Asia remained stable, closing at 1071 grade products, 1 grade technology, and more in need of 1 grade service 4 5 dollars/ton; CFR Southeast Asia prices remained stable at 1084 5 dollars/ton

III. local market conditions

market trading is flat, and prices are sorted out in a narrow range

the quotation of PVC market in Hangzhou continued to fall, the trading was flat, and the shipment was still poor. The mainstream self raised quotation of type 5 ordinary electric stone is yuan/ton, and it is difficult to conclude a deal with a higher guaranteed safety price

the PVC market in Changzhou is flat, and traders sell goods at a profit, with a loose quotation of yuan/ton. The self offered quotation of ordinary type 5 materials is RMB/ton, and individual transactions can still yield profits

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the PVC market in Shanghai is flat, the quotation is stable, and the transaction is profitable. The mainstream self offered quotation of type 5 is yuan/ton, which is difficult to find at a low price, exists at a high price, and the shipment is general

IV. in terms of the latest quotation, Shandong Xinfa PVC is basically at full capacity. The shipment is average, the source of goods is not much, and the quotation is stable. The ex factory quotation of type 5 material is 4670 yuan/ton in cash, and the large order can be negotiated

the price of Dezhou Shihua PVC is stable. The prices of each material are: 5080 yuan/ton acceptance for 7/8 type material, and 80 yuan/ton lower in cash exchange

Hebei Shenghua PVC shipment is general, and the quotation is stable. The ex factory acceptance of ordinary type 5 carbide is 4630 yuan/ton, and the acceptance of type 3 carbide is 4760 yuan/ton

v. future forecast

market performance is weak and shipments are average. The operator is more cautious, the downstream is supplemented with use, the resistance of high-level trading is intensified, and some still ship at a profit. It is expected that the PVC market will be dominated by weak consolidation in the short term