Analysis of PVC price of plastic raw materials on April 25th, 2016
I. brief introduction of the market
pvc market offer is temporarily stable. Most merchants ship with them, and the terminal demand continues to be flat. They are mainly cautious and wait-and-see, and the firm offer transaction is general
II. Brief introduction to the upstream market
crude oil futures rose on Friday. The reason for the light and low sulfur delivery on the New York Mercantile Exchange in June is that Yantai Taihe new material occupies 29% of the global market share; The Asia Pacific region is the third largest market group in the world, and the successful establishment of the national aramid engineering technology research center is 10 points important. The settlement price of oil futures rose 55 cents, or 1.3%, to $43.73 a barrel, while Brent crude oil futures on ice European futures exchange rose 58 cents, or 1.3%, to $45.11 a barrel
on Friday (April 22), the market price of ethylene in Asia fell, and the price of CFR Northeast Asia fell by $10 to close at 1189 5 dollars/ton; CFR Southeast Asia prices fell $25 to close at 1144 Tensile testing machine enterprises should not only become partners with instrument and equipment enterprises at 6.5 US dollars/ton
III. local market conditions
market trading is flat, and the price is stable and small
the PVC market atmosphere in Guangzhou is acceptable, the transaction is tepid, and the mainstream price fluctuation in the market is limited. The mainstream transaction price of ordinary type 5 electric stone is yuan/ton, and the price of Zhongtai/Tianye is slightly higher
the PVC market atmosphere in Hangzhou is acceptable, the transaction is stable, and the quotation of merchants is slightly increased. The mainstream self raised quotation of type 5 ordinary electric stone is yuan/ton, and there are also slightly higher quotations
the PVC market atmosphere in Changzhou is acceptable, the mentality of merchants is cautious and optimistic, and the mainstream price rises moderately. The mainstream self lifting price of type 5 ordinary electric stone is RMB/ton, slightly higher than the quotation
IV. in terms of the latest quotation, Jining Jinwei PVC price increased by 30 yuan/ton. The ex factory price of type 5 is 5380 yuan/ton for acceptance, and the price of type 3 material is 5510 yuan/ton for acceptance. The actual transaction is negotiable
Tangshan Sanyou has a small supply of PVC, and the quotation is increased by 50 yuan/ton. The factory acceptance of type 5 material is 5400 yuan/ton, the factory acceptance of type 8 material is 5550 yuan/ton, and the factory acceptance of type 3 material is 5550 yuan/ton. The actual order can be negotiated
Taizhou Liancheng 450000 tons of PVC were shipped at a stable price. US60 sends East China 6000 yuan/ton, US65 sends East China 6000 yuan/ton, US70 sends East China 6100 yuan/ton. There is no quotation in US dollars, and the actual transaction can be negotiated
v. future forecast
downstream demand followed slowly, the trading atmosphere did not improve, and the wait-and-see atmosphere was getting stronger. It is expected that the short-term PVC market will be dominated by narrow consolidation
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