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Introduction: Recently, the market price of PVC Paste Resin has rebounded slightly, and the terminal purchasing price in South China has increased by 100-200 yuan/ton. However, there has been no substantial improvement on the demand side, and the change in production capacity utilization rate is not significant. Can changes be found in the prices of raw materials such as calcium carbide and PVC?
First, let's take a look at PVC futures. Recently, PVC futures have experienced a situation of first falling and then rising, with PVC futures falling to the bottom of around 5642 and PVC market prices beginning to decline. The basic support of PVC spot prices is insufficient, and supply continues to operate at high levels. In addition, the domestic market consumption off-season, industry inventory accumulation, and low price competition in the export market have put short-term pressure on the market price center. However, the current industrial cost support is strong, and after falling to a low point, the price of PVC Resin has slightly increased. Upstream manufacturers have increased maintenance and production has decreased, and production enterprises and social inventories have also decreased synchronously. In addition, domestic and foreign macro policies have supported the high operation of PVC market, stimulating traders to quote higher prices. However, the demand for PVC powder is insufficient, and the improvement of the domestic market is limited. Export market transactions have weakened, And the slight decline in PVC trading over the weekend suppressed the mentality of the spot market, weakening the trading atmosphere in the PVC spot market.
In terms of raw material calcium carbide, the domestic calcium carbide market has recently seen an increase, with mainstream trade prices in the Wuhai region increasing by 50 yuan/ton to 2850 yuan/ton. Production enterprises are facing tight supply and low inventory levels. The sudden power rationing has led to a phased decline in supply in Inner Mongolia and increased supply instability. The widespread rain and snow weather in the north has increased the pressure on road transportation, and there is a regional shortage of downstream goods, with signs of worsening. With the continuous rain and snow weather, the power restrictions have further intensified, the supply instability has increased, and coupled with poor transportation, the arrival of goods continues to be tight. It is expected that there will be a strong atmosphere of price increase for calcium carbide next week, and regional shortage of goods will be strengthened.
Overall, power restrictions or environmental issues may have a catalytic effect on the market. Recently, the price of raw materials such as calcium carbide has increased, which has strengthened the cost support for PVC paste Resin. In addition, the price of PVC futures and spot markets has stopped falling and turned up, boosting the mentality of the PVC paste resin market. As the end of the year approaches, manufacturers are actively shipping to complete their annual sales targets, so the market is not resistant to a small price increase and prioritizes purchasing goods for immediate needs.
June 25, 2023
April 03, 2023
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June 25, 2023
April 03, 2023
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Privacy statement: Your privacy is very important to Us. Our company promises not to disclose your personal information to any external company with out your explicit permission.