China’s domestic p-xylene price is stable this week (3.8-3.12)

Domestic price trend:

 

From the PX trend chart, we can see that the PX price trend is stable this week. As of the end of the week, the domestic PX ex factory price is 6700 yuan / ton, which is the same as that at the beginning of the week, with a year-on-year increase of 21.82%. The PX external price trend is volatile this week, and the domestic PX market is highly dependent on foreign countries. The high external price has a certain positive impact on domestic prices.

 

In recent years, the domestic PX operation rate is more than 60%. Sinopec Hongrun Petrochemical 600000 ton unit operates stably, Yangzi petrochemical unit operates stably, Pengzhou petrochemical unit operates stably, Yangzi Petrochemical PX unit operates normally, Jinling Petrochemical unit operates stably, Qingdao Lidong unit operates at full load, Qilu petrochemical unit operates stably, and Urumqi petrochemical unit starts at about 50% The supply of xylene is general, but there are many overhauls of overseas units, and the domestic price trend of p-xylene remains high. The recent international crude oil price trend is volatile, and the PX external price has little change. As of the 11th, the closing price of Asian region is 827-829 USD / T FOB Korea and 845-847 USD / T CFR China. The recent Asian PX unit operating rate has little change. Overall, the Asian PX unit operating rate is less than 60%, the Asian PX supply is general, and the PX external closing price has little change, which is affected by the external factors The domestic market price of p-xylene was affected by the market price.

 

Recently, oil prices remain at a high level. The OPEC said on Thursday that the recovery of oil demand will be concentrated in the second half of the year. COVID-19′s influence will not help the organization and its allies to support the market. In the monthly report, OPEC said that oil demand in 2021 will increase by 5.89 million barrels per day, or 6.5%, slightly higher than that of last month. On March 11, the settlement price of the main contract in the U.S. WTI crude oil futures market was US $66.02 per barrel, and the settlement price of the main contract in the Brent crude oil futures market was US $69.63 per barrel, or US $1.73 or 2.6%. The rise of oil price is mainly due to the decline of us refined oil stocks and the resumption of production in Texas refineries. It is expected that the oversupply of crude oil will only be a short-term phenomenon. The high crude oil price is a good support for PX market, and the domestic price trend of p-xylene is temporarily stable.

 

In the near future, the price trend of PTA Market in the lower reaches has dropped sharply, and the domestic PTA spot market has declined. As of the 12th, the average price of PTA market was 4450-4500 yuan / ton, down 5.41%. PTA supply continues to be at a high level. Due to limited maintenance efforts, the operation rate of domestic PTA plant is about 79%. The terminal market resumed work in an orderly manner after the festival. As of March 12, the comprehensive operating rate of chemical fiber weaving in Jiangsu and Zhejiang areas has increased to more than 84%. The downstream market has been cautiously observed, with more inquiries, but the “order” is still hesitant, and the order has not been significantly improved. The sharp decline of PTA price in the downstream has a negative impact on the price of PX market in the upstream, and the price trend of PX market is temporarily stable.

 

Business community PX analyst Chen Ling believes that the current cost side still has some support, the short-term crude oil price will remain high volatility, but the downstream PTA product overhaul device may increase, and it is expected that the market price of p-xylene will remain stable in the future.

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Downstream demand increases, steam coal prices rise

1、 Price trend

 

According to the business news agency, the price of steam coal rose this week. At the beginning of the week, the average port price of thermal coal was maintained at 573 yuan / ton, while at the end of the week, the average port price of thermal coal was maintained at 608.5 yuan / ton, with a price increase of 6.2%, and a year-on-year increase of 6.47%. On March 7, the steam coal commodity index was 73.31, unchanged from yesterday, down 41.35% from the cycle’s highest point of 125.00 (2021-01-19), and up 64.00% from the lowest point of 44.70 on January 20, 2016. (Note: period refers to 2011-09-01 to now).

 

2、 Analysis of influencing factors

 

In terms of producing areas, at the time of the two sessions, the overall production capacity has shrunk slightly. Due to the recovery of downstream industries, the demand for coal is increasing, and the number of coal hauling cars in coal mines is increasing significantly. The sales situation of mining areas in Shaanxi continued to improve, and the coal mines in the main producing areas increased.

 

In terms of downstream power plants: with the warming weather, the demand for civil power has dropped, but with the industrial enterprises in the downstream of steam coal gradually returning to normal production, the demand for steam coal has increased, the industrial power consumption is relatively strong, and the daily consumption of power plants has rebounded to a certain extent. The decline of thermal coal inventory drives the demand of power plants for thermal coal replenishment. Some data show that the inventory of power plants has fallen. Affected by the recent delay in purchasing and the rise of daily consumption, the inventory of power plants in eight coastal provinces has dropped from 28 million tons to 27 million tons. But now traders are more wait-and-see attitude, price is very selling.

 

Macro: according to the data released by the National Bureau of statistics on March 4, the national coal price fell in late February. The specific price changes of all kinds of coal are as follows: anthracite (washing block, volatile matter ≤ 8%) price is 950 yuan / ton, the same as the previous period. The price of ordinary blended coal (Shanxi pulverized coal and lump coal blended coal, calorific value 4500 kcal) was 461 yuan / ton, down 31.5 yuan / ton or 6.4% compared with the previous period. The price of Shanxi Dahua (better quality blended coal with calorific value of 5000 kcal) was 514.5 yuan / ton, down 35.5 yuan / ton or 6.5% compared with the previous period. Shanxi Youhun (high quality blended coal, calorific value 5500 kcal) price was 585.5 yuan / ton, down 52 yuan / ton or 8.2% compared with the previous period. The price of Datong blended coal (Datong blended coal, calorific value 5800 kcal) was 619 yuan / ton, down 48.5 yuan / ton or 7.3% compared with the previous period. The price of coking coal (main coking coal, sulfur content < 1%) is 1540 yuan / ton, which is the same as that of the previous period. The above data show that the national anthracite and coking coal prices remained stable in late February, while the steam coal prices continued to fall. In addition, in late February, the national price of coke (secondary metallurgical coke) was 2646 yuan / ton, down 80 yuan / ton or 2.9% from the previous period.

 

Business analysts believe that: at this stage, the daily consumption of power plants is rising, which drives the demand of power plants for steam coal replenishment, and traders mainly sell at low prices. The price of steam coal may have favorable support, and the price will rise. However, at this stage, the overall downstream demand has not been released, and the overall acceptance of the high price of steam coal is limited. On the whole, the price of steam coal may keep rising during the Spring Festival, but the increase is limited on the whole, and it depends on the downstream market demand.

EDTA

Demand is not strong, phthalic anhydride price trend glides.

According to the monitoring of the business community, the price of phthalic anhydride in the domestic market fell in the first week of March. As of the 5th, the price of phthalic anhydride was 7625 yuan / ton, which was 3.79% lower than the price of 7925 yuan / ton at the beginning of the week, with a year-on-year increase of 33.77%. Recently, the price trend of phthalic anhydride fell down, the spot supply was normal, and the market of phthalic anhydride declined.

 

In recent years, the price trend of phthalic anhydride market has declined, and the market situation of phthalic anhydride is normal. In recent years, the downstream demand has decreased, the price trend of o-benzene has remained high, the plasticizer market has declined, and the poor demand has led to the price decline of phthalic anhydride. Domestic phthalic anhydride manufacturers started at a low level, and the operating rate of phthalic anhydride on the site was about 60%. The domestic phthalic anhydride spot supply was normal, the price of phthalic anhydride on the site was lower, the downstream plasticizer industry market was significantly lower, and the actual transaction situation was general. The price trend of phthalic anhydride market in East China is declining, with limited high-end transactions in the market. The mainstream of neighboring France source negotiation in East China is 7600-7700 yuan / ton, and naphthalene method source negotiation is 7400-7500 yuan / ton. The mainstream quotation of phthalic anhydride market in North China is 7500-7700 yuan / ton. The market outlook of phthalic anhydride still exists, and the downstream procurement is poor. The price of downstream DOP falls rapidly in March, which brings challenges to the phthalic anhydride market The market price of phthalic anhydride was lower.

 

In recent years, the price trend of domestic o-benzene has maintained a high level, and the market price has maintained a level of 6500 yuan / ton. The high price of domestic o-benzene is a good support for the phthalic anhydride market. In addition, the market of imported o-benzene in the port area has not changed much, and the external quotation of o-benzene has maintained a high level. The actual transaction price is subject to negotiation and detailed discussion. In addition, there is a strong wait-and-see mood among the o-benzene merchants in the market, and the price of o-benzene has gone down The price of raw material o-benzene is high, which is good for the domestic market price of phthalic anhydride, and the decline of market price of phthalic anhydride is limited.

 

In March, the market price of the downstream DOP of phthalic anhydride dropped sharply. According to the monitoring of the business community, the domestic DOP price was 13175 yuan / ton as of the 5th, and this week’s price dropped by 4.53%. The price of isooctanol in the market fell, the cost of DOP raw materials fell, the low start-up of DOP enterprises’ equipment was temporarily stable, the price of PVC fluctuated and fell, the demand of downstream customers was mainly just demand, and the customers were more resistant to high price DOP. Plasticizer market rising momentum weakened, downward pressure increased, the transaction price is based on the real-time price, the overall DOP price is about 13300-13500 yuan / ton, the domestic demand for phthalic anhydride is poor, and the market price is slightly lower.

 

Generally speaking, the crude oil price trend is strong in the near future, but the downstream plasticizer industry market trend is not good, the DOP price continues to decline, and it is expected that the market price of phthalic anhydride will continue to decline slightly in the later period.

EDTA

Price of refrigerant R22 rose and R134a kept stable (2.22-2.26)

1、 Price trend

 

According to the data monitoring of business news agency, as of February 26, the average price of refrigerant R22 was 14600 yuan / ton, up 3.55% from the beginning of the week, 4.29% from the beginning of the month, and 20.36% from the same period last year.

 

According to the bulk data monitoring of business news agency, as of February 26, the average price of refrigerant R134a was 19766.67 yuan / ton, which was the same as that at the beginning of the week. It was up 4.29% on a month on month basis and down 10.83% compared with the same period last year.

 

2、 Market analysis

 

R22, the price of refrigerant R22 rose this week, the price of raw materials hydrofluoric acid and trichloromethane rose, the cost side support was strong, the superposition trade continued to return to the market, the stock increased after the festival, the factory started high, the price mentality was strong, the price rose, but in the demand off-season, the price upward had no real driving force, and the short-term market was deadlocked. At present, R22 market quotation is around 13000-16500 yuan / ton, Shandong quotation is about 15000-16500 yuan / ton, Jiangsu and Zhejiang quotation is about 14500-15000 yuan / ton, Hunan quotation is about 14500-15000 yuan / ton, Shanghai quotation is about 14500 yuan / ton, short-term price rises steadily.

 

R134a, the price of refrigerant R134a was temporarily stable this week. Hydrofluoric acid, the raw material, didn’t increase much. The role of boosting R134a was general. The demand side was still light. The demand of automobile market did not increase significantly. The fundamentals were relatively calm. R134a market was stable. At present, R134a market quotation is mostly in the range of 19000-22000 yuan / ton, Shandong quotation is about 20000 yuan / ton, Zhejiang quotation is about 19000-21500 / ton, Hunan quotation is about 20500-21000 / ton, Jiangsu quotation is about 22000 / ton, Shanghai quotation is about 20000 yuan / ton, and the short-term price is stable.

 

Hydrofluoric acid as raw material. On February 26, the mainstream price of domestic anhydrous hydrofluoric acid manufacturers was 10000-11000 yuan / ton, and the ex factory price trend of on-site merchants rose slightly. Domestic hydrofluoric acid manufacturers had a general operating rate, and the supply of on-site goods was slightly tight. Affected by the high price of fluorite, the demand of downstream refrigerant industry was general, and on-site purchase was mainly on demand. It is expected that the on-site price will remain stable in the later stage It’s settled.

 

Trichloromethane, on the 23rd, the market price of methane chloride in Shandong continued to rise. The manufacturer’s offer increased by 50 yuan / ton. The mainstream ex factory price of dichloromethane ranged from 3300 yuan / ton to 3550 yuan / ton, and the mainstream ex factory price of trichloromethane ranged from 2680 yuan / ton to 2850 yuan / ton, which is expected to remain high in the short term.

 

3、 Future forecast

 

According to refrigerant analysts of business news agency, raw material prices are rising, cost side support is strong, superimposed traders continue to return to the market, hoarding is on the rise, refrigerant manufacturers start high, have a strong price support mentality, R22 prices are rising, and R134a prices are stable due to the drag of demand side. It is expected that the refrigerant market will be frozen in the short term, and the prices will be stable.

povidone Iodine

Nitric acid price stable this week (2.22-2.25)

1、 Nitric acid market price trend chart

 

Nitric acid price curve

 

According to the monitoring of the business agency, the average price of concentrated nitric acid in domestic areas this week is 2000 yuan / ton, and the quotation is temporarily stable.

 

2、 Market analysis

 

On February 22, Anhui Jinhe quoted about 1950 yuan / ton, which was the same as last time; Anhui Aodeli quoted 1900 yuan / ton, which was 30 yuan / ton higher than last time; Wenshui Synthetic Chemical Co., Ltd. quoted 1950 yuan / ton of concentrated nitric acid, 930 yuan / ton of dilute nitric acid, which was the same as last week; Shaanxi Xinghua Chemical quoted 1900 yuan / ton of concentrated nitric acid, which was the same as last time. Local supply pressure is tight, and the market is running at a high price; the nitric acid market is generally good.

 

Upstream liquid ammonia, on February 24, domestic liquid ammonia market rose slightly. Before and after the Spring Festival, the liquid ammonia market has been tepid, but since this week, the market has risen. According to the monitoring of business society, the price of liquid ammonia has increased by 1.52% since this week; the price of downstream aniline (2.22-2.25) has increased by 2.87% this week. TDI rose 24.7% this week (2.22-2.25).

 

3、 Future forecast

 

Lower market is better, business analysts expect nitric acid, nitric acid prices or will rise.

Benzalkonium chloride

Shandong crude benzene bidding price rose 38.55%

In February 2021, the bidding price of crude benzene in Shandong Province rose sharply, 3450-3455 yuan / ton before the festival, 4780-4785 yuan / ton after the festival, and 1330 yuan / ton during the Spring Festival, an increase of 38.55%. In February, the cumulative increase was 1780 yuan / ton.

 

In terms of crude benzene, the market gradually returned to normal after the festival. However, due to the fact that most manufacturers signed orders on February 4 until February 23 and 24, the crude benzene still implemented pre Festival price driven by the sharp rise of downstream hydrogenated benzene. As a result, the cycle of sharp rise of domestic chemical commodities after the festival was missed. On February 22, a new round of price setting for some coking enterprises started from February 23 and began in 11 months After that, the price of crude benzene returned to more than 4000.

 

Before and after the Spring Festival, Sinopec’s listed price of pure benzene increased four times, with a total increase of 1300 yuan / ton. After adjustment, RMB 6450 / T will be implemented, of which RMB 6400 / T will be implemented by Qilu Petrochemical.

 

In February 2021, the market price of hydrobenzene in East China rose sharply, 5350 yuan / ton before the festival, 5900 yuan / ton after the festival, 1000 yuan / ton during the Spring Festival, and 1625 yuan / ton this month.

 

During the Spring Festival, affected by the rising prices of crude oil and pure benzene, hydrobenzene enterprises have followed suit, rising by about 1000-1200 yuan / ton. The mainstream ex factory prices in Hebei are all above 6000 yuan / ton. Crude benzene is the direct raw material of hydrogenated benzene. It is expected that the price of this round of bidding will rise sharply. At present, the price of hydrogenated benzene fluctuates at a high level, the profit of enterprises is good, the crude benzene purchase is more active, and the market atmosphere is more active.

 

In the future, the business community believes that at present, the international crude oil and pure benzene are in high consolidation, and the units shut down before the end of the month are about to start operation, the supply tension will be eased, and the market price will gradually become rational. At present, the profit of hydrobenzene enterprises is much better than that in the earlier stage, and the demand for crude benzene will be supported to a certain extent. Future still need to focus on the price trend of pure benzene, as well as the upcoming second quarter maintenance season, the start-up of the device.

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Dimethyl ether prices fell nearly 4% in a single day

In February, the overall trend of dimethyl ether Market is weak, and there is a broad decline trend after the festival. At present, the mainstream quotation of domestic market is about 3230-3250 yuan / ton. According to the data monitoring of the business association, the average price of dimethyl ether in Henan market was 3446.67 yuan / ton on February 1, 3243.33 yuan / ton on February 22, with a decrease of 5.90% during the period, and a single day decrease of 3.95% on February 22, showing a more obvious decline. As of February 22, the domestic market prices of dimethyl ether are as follows:

Region specification Date Quotation

EDTA 2Na

Mass fraction of dimethyl ether in Shandong area: ≥ 99.0% February 223250 yuan / ton

Mass fraction of dimethyl ether in Hebei area: ≥ 99.0% February 223250 yuan / ton

Mass fraction of dimethyl ether in Henan Province: ≥ 99.0% February 223230-3240 yuan / ton

With the end of the Spring Festival holiday, dimethyl ether Market as a whole is weak. Although the international crude oil continued to rise after the festival, and the liquefied gas market was greatly pulled up by this good news, the dimethyl ether Market did not follow the trend, only slightly increased on February 18, but then entered the downward channel, and the overall trend was weak.

 

On February 22, the dimethyl ether market fell more significantly. The domestic regional markets as a whole sharply reduced the ex factory price. Some enterprises lowered the ex factory price twice on the same day. Taking Henan xinlianxin as an example, the ex factory price of xinlianxin dimethyl ether was 3340 yuan / ton on February 21, 3240 yuan / ton on February 22, and 100 yuan / ton on a single day. The main reason for the decline is the poor terminal demand. After the festival, only a small part of the downstream enter the market for replenishment. However, the overall shipment of the manufacturers is still not smooth, and the inventory is gradually increasing. The factory price is forced to be reduced to stimulate the downstream enter the market.

 

As for the cost of methanol, the domestic methanol market has recovered in a narrow range recently. According to the monitoring data of the business society, as of February 20, the average price of methanol producers in Shandong was 2267 yuan / ton, with a month on month decrease of 3.92% and a year-on-year increase of 14.09%. After the festival, the downstream enterprises replenish goods appropriately, the logistics is restored, and the freight is reduced. Domestic methanol market recovered slowly.

 

At present, although the methanol market has recovered, the support to DME market is limited. The civil market of liquefied gas fell significantly, which brought some pressure to the market. Downstream mentality cautious, lack of confidence in the future, less enthusiasm to enter the market, manufacturers shipping blocked, inventory gradually increased. In the short term, dimethyl ether Market is lack of obvious positive, and the overall or continued weak.

Melamine

Nitric acid price stable this week (2.15-2.19)

1、 Nitric acid market price trend chart

 

Benzalkonium chloride

Nitric acid price curve

 

According to the monitoring of business agency, the average price of nitric acid in domestic areas this week is 2000 yuan / ton, and the quotation is temporarily stable.

 

2、 Market analysis

 

On February 18, Anhui Jinhe quoted about 1950 yuan / ton, which was the same as before; Wenshui Synthetic Chemical Co., Ltd. quoted 1950 yuan / ton of concentrated nitric acid, 930 yuan / ton of dilute nitric acid, which was the same as before; Shandong helitai Chemical Co., Ltd. quoted 2100 yuan / ton, which was the same as before. After the Spring Festival, the quotation of nitric acid was temporarily stable, the market turnover was light, the enterprises resumed work one after another, and the market wait-and-see mood was strong.

 

According to the monitoring of the business community, the price of upstream liquid ammonia fell by about 0.49% this week; the price of downstream aniline rose by nearly 20%, according to the data of the business community. On February 9, the price of aniline in Shandong was 8100-8200 yuan / ton, and that in Nanjing was 8400-8600 yuan / ton. On February 21, the price of aniline in Shandong was 9600-9700 yuan / ton, and that in Nanjing was 9700-9900 yuan / ton. The average price increased by 1500 yuan / ton, or 18.22%, 23.21% higher than that at the beginning of the month, and 46% higher than that at the same period of last year. TDI downstream, according to business monitoring, this week’s offer is temporarily stable.

 

3、 Future forecast

 

Nitric acid market demand in general, business community nitric acid analysts expect, nitric acid or consolidation based.

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Double support of cost and demand, propylene glycol makes a good start after the festival

According to the monitoring data of the business agency, as of February 19, the reference ex factory price of domestic industrial grade propylene glycol was 13333 yuan / ton, which was 167 yuan / ton higher than that on February 10 (reference price was 13166 yuan / ton), or 1.27%; and the average price was 67 yuan / ton higher than that on February 1 (reference price was 13266 yuan / ton), or 0.50%.

 

Before the Spring Festival, the market of domestic industrial grade propylene glycol was weak. During the holidays, the adjustment of propylene glycol market was limited and basically maintained stable operation.

 

Benzalkonium chloride

Cost demand double supports propylene glycol to rise after the festival

 

After the Spring Festival, the price of propylene oxide, the cost raw material, went up, supporting the cost of propylene glycol. In terms of supply, the supply of propylene glycol is relatively sufficient, and the inventory pressure of main factories is relatively high. In terms of demand, exports performed well after the festival, and domestic downstream industries continued to purchase just in time. In terms of logistics, at present, transportation logistics turnover has gradually recovered. Therefore, supported by the upward raw material cost and acceptable downstream demand, the propylene glycol market rose for the first time after the Spring Festival, with an increase rate of 300-500 yuan / ton. As of February 20, the reference ex factory price of domestic industrial grade propylene glycol was around 13000-14000 yuan / ton, with an average reference price of 13333 yuan / ton. Compared with before the Spring Festival (reference price of 13166 yuan / ton), the price increased by 167 yuan / ton, or 1.27%; compared with early February (reference price of 13266 yuan / ton), the average price increased by 67 yuan / ton, or 0.50%.

 

In terms of raw materials, the domestic inventory of propylene oxide was on the low side before the festival. After the Spring Festival, the market of propylene oxide in Shandong Province rose. On the 18th, the price of propylene oxide in Shandong Province of Wanhua chemical increased by 500 yuan / ton compared with that before the festival. At present, the factory quotation is 17700 yuan / ton. I heard that the current shipping order is OK, the overall shipping pressure of the market is small, and the market trend is good.

 

Increasing cost, gradually recovering demand, more propylene glycol will continue to rise

 

After the festival, propylene glycol is driven by the rising raw materials, the cost support is enhanced, the downstream demand is gradually recovering, and the export is also positive. Therefore, the propylene glycol data analysts of business society believe that the market price of propylene glycol may continue to move up after the festival, and the above-mentioned actors need to pay more attention to the consumption transmission and the change of mentality.

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PVC price goes up against the trend

1、 Price trend

 

Benzalkonium chloride

According to the data monitored by the business society (the average price of SG5 manufactured by calcium carbide method), on February 5, the average mainstream price of PVC in China was 7250 yuan / ton, up 1.05% from 7175 yuan / ton at the beginning of the week, and 6.42% from the same period last year.

 

2、 Market analysis

 

This week, PVC first stabilized and then rose. At the beginning of the week, the market was relatively stable. Near the weekend, the PVC market was red in a large area. The increase range of enterprises in the week was about 50-200 yuan / ton. The low-end price was gradually close to the high-end price. The market center moved up slightly, and the price was mostly in the range of 7000-7500 yuan / ton. This week’s rise in PVC prices was mainly due to the strong volatility of futures prices, which led to the spot trend. In addition, it was heard that the price of electricity in Inner Mongolia increased, and the cost support gradually strengthened, which boosted the market sentiment. At present, the market performance is relatively flat. Most of the downstream companies have stopped work for holidays, and the demand is reduced. However, the PVC manufacturers are relatively stable in starting work, there are few maintenance enterprises, and the market supply is sufficient. The rebound of PVC in the off-season may not be sustainable. It is expected that the market will run smoothly before the festival and wait for the development after the festival.

 

In terms of spot price, the mainstream quotation range of pvc5 calcium carbide in China is around 7000-7500 yuan / ton. The main stream price of pvc5 calcium carbide in East China is around 7380-7530 yuan / ton, that in Hebei is 7100-7200 yuan / ton, that in Hangzhou is 7350-7500 yuan / ton, that in Changzhou is 7300-7450 yuan / ton, and that in Guangzhou is 7350-7550 yuan / ton.

 

In terms of futures, the main PVC futures contract V 2105 opened at 7455, with the highest price of 7660 and the lowest price of 7370. The closing price of V 2105 was 7645, up 305, or 4.16%. The turnover was 384000, an increase of 114000. Position 384000, an increase of 36304.

 

Regional varieties 5 February 2005

Changzhou PVC calcium carbide process: 7300-7450 yuan / ton

Guangzhou ﹣ PVC ﹣ calcium carbide method ﹣ 7330-7550 yuan / ton

In Hebei Province, the price of calcium carbide is 7100-7200 yuan / ton

Hangzhou “PVC” calcium carbide process “7350-7500 yuan / ton

 

Upstream crude oil: on February 5, the price of WTI crude oil futures market in the United States rose, with the settlement price of the main contract at US $56.85/barrel, up US $0.62. Brent crude oil futures market prices rose, the settlement price of the main contract at 59.34 U.S. dollars / barrel, or 0.50 U.S. dollars. Crude oil futures continued to rise on Friday, with Brent oil prices approaching the $60 mark, mainly due to the warming of economic recovery expectations and the continued effective implementation of production control by the organization of Petroleum Exporting Countries and its allies (OPEC +).

 

In January, the external market of ethylene showed a trend of first rising and then falling. At present, crude oil: US crude oil inventory is declining, but the market’s continued concern about the epidemic has limited oil demand, international oil prices fluctuate slightly, and cost support is general. Therefore, data analysts from business news agency predict that the external price of ethylene will mainly fall in the next few days.

 

On February 7, the ex factory price of calcium carbide in Northwest China was temporarily stable, and the reference price of calcium carbide was 3050.00, which was 1.08% lower than that on February 1 (3083.33). The price of raw material blue carbon was high and the cost of calcium carbide was well supported. The downstream PVC market has risen slightly recently. The downstream customers are generally enthusiastic about purchasing calcium carbide. The output of calcium carbide has risen, and the market supply exceeds the demand. Calcium carbide in the future fluctuated slightly.

 

3、 Future forecast

 

PVC analysts of business news agency believe that the current market performance is relatively flat, most of the downstream companies have stopped work for holidays, the demand is reduced, PVC manufacturers start work more stable, and the market supply is sufficient. The sustainability of PVC off-season rebound is not strong, and some enterprises have stopped orders and reports. It is expected that the situation will be stable before the festival, and wait for the power after the festival.

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