Pvc Daily Analysis Report (November 20, 2019)

Source: Dayi Yousu

 

Market interpretation

[upstream raw material trends]

 

On November 20, 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 25-100 yuan / ton.

 

[local market situation]

 

The market price of PVC in Guangzhou is stable, and the mainstream price of ordinary 5-type

calcium carbide is 6950-7000 yuan / ton; the price of PVC in Zhengzhou is lowered, and the

delivery price of 5-type calcium carbide without VAT is 6800-6850 yuan / ton; the price of

Changzhou PVC market is high, and the mainstream price of 5-type calcium carbide is 6730-

6810 yuan / ton; the market price of PVC in Hebei is stable, and the delivery price of 5-

type calcium carbide including VAT is 6650-6710 yuan / ton, and the delivery price of 6220

-6280 yuan without VAT/ The market price of PVC in Qilu Chemical Industry City tends to be

stable.

 

[future forecast]

 

Today, the price of PVC plastic market is stable, the shortage of goods in the market is

hard to change in a short time, there is still a need to repair the basis, there is an

obvious increase in futures positions, and the mentality of merchants in the spot market is

stable. PVC market is expected to rise slightly tomorrow.


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