Analysis of PVC price of plastic raw materials on

Analysis of PVC price of plastic raw materials on December 17

I. market overview

pvc market low consolidation. Traders usually ship flexibly according to their own inventory, and downstream factories maintain cautious procurement and buy on demand. The overall transaction atmosphere is general

Dow Chemical and Dow Chemical Automotive Division in order to adapt to the automotive industry market and customer needs

II. Overview of the upstream market

on Wednesday, the international crude oil futures price fell to a multi-year low. The settlement price of WTI light and most important engineering structural material low sulfur crude oil futures delivered in January on the New York Mercantile Exchange (NYMEX) fell by $1.83 to $35.52 per barrel, down 4.9%. The settlement price of January Brent crude oil futures on the London Intercontinental Exchange (ice) fell $1.26, or 3.3%, to $37.19 a barrel

on Wednesday (December 16), the Asian ethylene market quotation rose, and the CFR Northeast Asia price rose by $5 to close at 1069 5 dollars/ton; CFR Southeast Asia prices remained stable at 1084 Electrolyte production capacity has been continuously transferred to China by 6.5 US dollars/ton

III. local market conditions

market trading is flat, and the price is stable and small

the PVC market in Guangzhou has few sources of goods, and the transaction is general. Merchants are not in a hurry to ship, and some quotations have increased slightly. The mainstream transaction price of ordinary type 5 electric stone is yuan/ton, which is self raised, while Zhongtai and Tianye are expected to be slightly higher

the PVC market in Hangzhou continues to hold steady today. Although the arrival is not smooth, the demand is flat, the market supply is OK, and the price is difficult to rise. The mainstream self quoted price of type 5 ordinary electric stone is yuan/ton, and it is difficult to clinch a deal at a high price

the PVC market in Hebei is generally stable, with average shipments and relatively flat trading. Mainstream quotations remained stable. The mainstream of ordinary type 5 electric stone materials is delivered without tax yuan/ton, and with tax yuan/ton

IV. in terms of the latest quotation,

Ordos chlor alkali chemical PVC shipments are normal, and the quotation is stable. Type 5 northern acceptance factory is 4450 yuan/ton, and the actual transaction can be preferential

Shaanxi Beiyuan PVC is generally shipped, and the quotation is subject to the market. The ex factory price of type 5 material is 4430 yuan/ton, and the price of type 3/8 is 200 yuan/ton higher

the quotation of Heilongjiang Haohua PVC is temporarily stable. The ex factory price of type 5 material is 4750 yuan/ton for acceptance, mainly through firm negotiation

v. future market forecast

the merchants are cautious, the terminal demand is weak, the enthusiasm for receiving goods is not high, and the overall transaction is poor. It is expected that the PVC market will be dominated by narrow consolidation in the short term

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