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Last Friday, the main PVC futures contract on Dalian Commodity Exchange opened at RMB 7000/ton for 2105 and closed at RMB 7040/ton. The settlement price of the previous day was RMB 6975/ton, an increase of 0.93%. The trading range was RMB 6965-7060/ton. 252501, position 411093.
In the day, the PVC spot market was consolidating, and futures rose at the end of the session; calcium carbide maintained a weak operation. As the pressure of logistics and transportation continued to increase, the circulation of calcium carbide resources was relatively difficult; the operating rate of downstream manufacturers was difficult to increase, and only rigid demand purchases were maintained. In the domestic mainstream prices, the price of calcium carbide method is 6930-7030 yuan/ton, and the price of ethylene method is 7520-7740 yuan/ton.
The quotation in Hangzhou market has been lowered, and the mainstream price is 7000-7150 yuan/ton; the quotation of Changzhou PVC market remains stable, and the price range of calcium carbide method 5 materials is 7000-7200 yuan/ton; the Guangzhou PVC market remains stable, and the spot reference price of calcium carbide method 5 is 7150- 7300 yuan/ton in cash; Hebei market price adjusted within a narrow range, the mainstream price of 5 type materials in Hebei area is 6800-6870 yuan/ton including tax and delivered; Linyi PVC market is sorted sideways, and the 5 type source delivery price refers to 6980-7100 yuan/ Around tons.
To sum up, although PVC manufacturers are actively shipping and increasing pre-sales, due to the suspension of real estate in winter, the inconvenience of epidemic control and transportation, and the increase in logistics and transportation costs, the demand side is weak and the operation is negative. Therefore, it is expected that the PVC market may be weak and fluctuate in the short term .
Article information source-cable net
