1、 Price trend
| PVA 1788 (PVA BP17) |
According to the data monitored by the Business News Agency, the price of PVC carbide SG5 rose this week. The average price of domestic PVC was 6153.33 yuan/ton last Friday, and the average price was 6193.33 yuan/ton this Friday, with a price increase of 0.65% in the week.
2、 Market analysis
The domestic spot market price of PVC rose slightly this week. At present, the spot market is still in good condition, and the futures fluctuate and rise, driving the confidence of the spot market. Market inquiries increased, and the situation of traders taking goods improved slightly. Downstream enterprises are more wait-and-see, cautious about actual orders, and mainly purchase on demand. Up to now, the domestic price range of PVC5 carbide is mostly around 5900-6350 yuan/ton.
In terms of crude oil, international crude oil futures closed lower on February 16. The settlement price of the main contract of US WTI crude oil futures was US $78.49/barrel, down US $0.10. The settlement price of the main contract of Brent crude oil futures was 85.14 US dollars/barrel, down 0.24 US dollars or 0.3%.
| POLYVINYL ALCOHOL |
In terms of calcium carbide, according to the data monitored by the Business Society, the average price of calcium carbide was 3683.33 yuan/ton last Friday, and 3583.33 yuan/ton this Friday. The price fell by 2.71% in the week. The price of raw material blue charcoal fell slightly, and the cost of calcium carbide was not supported enough. The downstream PVC market has declined slightly recently, and the enthusiasm of downstream customers for carbide procurement has weakened. In the future, it is expected that the ex-factory price of calcium carbide in the northwest region will fall slightly, mainly by sorting: the average price quoted by manufacturers is about 3600 yuan/ton.
3、 Aftermarket forecast
PVC analysts of the Business Agency believe that the spot price of PVC rose this week. At present, the demand of PVC spot market is acceptable. Futures fluctuated and rose, driving the confidence of the spot market. It is expected that in the short term, the PVC market will still fluctuate and operate, and pay close attention to the changes in the news.
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