Hottest spot market may 5 China Plastics informati

2022-08-01
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[spot market] on May 5, China Plastics information PVC market brief

China Plastics price index rose 1.84 points to 944.05 points, and China Plastics spot index fell 3.18 points to 1014.99 points

I. upstream express:

on Monday (May 4), the settlement price of West Texas light oil futures in June on the New York commodity futures exchange was $54.47 a barrel, up $1.27 from the previous trading day, with a trading range of 52 $64; The June futures settlement price of Brent crude oil on the London Intercontinental Exchange was $54.58 per barrel, up $1.73 from the previous trading day, with a trading range of 52 $67

Asian ethylene closed on Monday in USD/T CFR Northeast Asia and USD/T CFR Southeast Asia. Us ethylene closed at 21 38 cents. At the beginning of the week, the market price continued to decline and the negotiation was light

II. Manufacturer dynamics:

the PVC plant of Hebei Jinniu started normally, the ex factory quotation was 6300 yuan/ton, the shipment was average, and the inventory pressure was small

the operating rate of elion PVC plant in Inner Mongolia is not high, and the quotation is temporarily stable. The ex factory quotation of electric stone is about 6200 yuan/ton. Shipment is average

the operating rate of Dezhou Petrochemical PVC plant is about 80%. The ex factory quotation of type 5 calcium carbide is RMB/ton, and the actual transaction is slightly preferential. At present, the manufacturer has no inventory, and the shipment is average

Formosa Plastics Ningbo PVC started normally. At present, the delivery of S-60, S-65 and S-70 models in East China is about 6700 yuan/ton. There are discounts for old customers. The delivery of goods by enterprises is acceptable and there is inventory pressure

the operating rate of Shandong Jining Zhongyin PVC plant is 70%. These materials have higher mechanical strength and toughness, and the factory quotation is stable. The local factory quotation of type 3 material is about 6500 yuan/ton

III. local market banks analyze the data through software programming:

pvc main brand quotation range is mainly in yuan/ton, which is stable compared with the same period yesterday. There is room for negotiation for the quotations of all merchants, and the delivery area is all in Yuyao. Among them, pvc/sg-5//GB/Shandong Taian reported 6500 yuan/ton, pvc/s-1000//GB/Jiangsu Jiangdong reported 6650 yuan/ton, pvc/sg5//GB/Zhejiang Juhua reported 6700 yuan/ton, pvc/s-65//GB/Taiwan Formosa Plastics reported 6700 yuan/ton, pvc/s-02//GB/Shanghai Zhongyuan reported 9400 yuan/ton

the PVC market quotation in Guangzhou is stable, and the transaction price of ordinary type 5 electric stone is RMB/ton. Market transactions are light, transactions are limited, and downstream demand has yet to be restored

the PVC market in Qilu Chemical Industry City is stable and the atmosphere is poor. The price of s700 is about 7000 yuan/ton, and the price of S1000 is about 6650 yuan. If there are problems with the performance of the experimental machine/ton, the price of qs1050p is 6280 yuan/ton. The merchants have a strong wait-and-see atmosphere and the transaction is average

the PVC market in Linyi area has not had many transactions and the atmosphere is not good. The offer of some brands declined slightly, and the mainstream offer of electric stone was yuan/ton

the PVC market in Yuyao has a stable trend, and some regions have not changed the weakening trend. The price of calcium carbide 5 is 6250 yuan/ton, and the trading volume provides an opportunity to show. Most trading merchants are bearish about the future market

note: the reprinted contents are indicated with the source. The reprint is for the purpose of transmitting more information, and does not mean to agree with their views or confirm the authenticity of their contents

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