PVC Daily Analysis Report (November 21, 2019)
November 21, 2019 reading volume: 9 source: Dayi Yousu.
Market interpretation
[upstream raw material trends]
On November 21, the Asian ethylene market price rose. The average price of CFR Northeast Asia ethylene was 810 US dollars / ton, and the average price of CFR Southeast Asia ethylene was 810 yuan / ton.
[domestic ex factory price]
Today, the ex factory price of PVC in China increased by 0-50 yuan / ton.
[local market situation]
The market price of PVC in Guangzhou decreased, and the mainstream price of ordinary 5-type calcium carbide was 6950-7020 yuan / ton; the price of PVC in Zhengzhou was stable, and the delivery price of 5-type calcium carbide without VAT was 6800-6850 yuan / ton; the price of Changzhou PVC market was high, and the mainstream price of 5-type calcium carbide was 6730-6820 yuan / ton; the market price of PVC in Hebei was stable, and the delivery price of 5-type calcium carbide with VAT was 6650-6710 yuan / ton, and the delivery price without VAT was 62 yuan / ton 20-6280 yuan / ton; the price fluctuation of PVC market in Qilu Chemical City is limited, which is a single discussion.
[future forecast]
Today, the market price of PVC plastics is stable, and we haven't heard about the overhaul of paste resin enterprises. It is expected that the next week's construction will be more normal. The inventory of enterprises is different, and some enterprises have no worries about the inventory, but there are also plenty of enterprises. PVC market is expected to be stable tomorrow.
