Hottest April 12, 2016 PVC price line of plastic r

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Analysis of PVC price of plastic raw materials on April 12, 2016

I. brief introduction of the market

pvc market weak consolidation. Downstream demand was flat, traders' shipments were poor, and small profits were made to promote transactions

II. Overview of upstream market

international oil prices continued to rise on Tuesday. The settlement price of WTI crude oil futures in May on the New York Mercantile Exchange (NYMEX) rose 64 cents, or 1.6%, to $40.36 a barrel; The settlement price of June Brent crude oil futures on the London Intercontinental Exchange (ice) rose 89 cents, or 2.1%, to $42.83 a barrel

on Monday (April 11), the ethylene market price in Asia was stable, and the CFR Northeast Asia price remained stable to close at 1199 After the accuracy of the experimental machine is found 5 dollars/ton; CFR Southeast Asia prices remained stable at 1159 5 dollars/ton

III. local market conditions

market trading is flat, and the price is stable and small

that is, greening, reduction and recycling have achieved significant results. Changzhou PVC market trading is poor, traders are under great pressure to ship, and the quotation continues to decline. For type 5 ordinary electric stone, the mainstream self lifting is RMB/ton, and the transaction of individual sources of goods can still make profits, and there are also slightly higher quotations

the quotation of PVC market in Guangzhou was reduced, and the quotation was slightly chaotic. 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 in Qilu Chemical City continued to decline steadily, downstream users were not very enthusiastic about taking goods, traders continued to sell goods at a profit, and the price of calcium carbide fell by 10 yuan/ton

IV. in terms of the latest quotation, Jining Jinwei PVC price is stable. The ex factory price of type 5 is 5400 yuan/ton for acceptance, and the price of type 3 material is 5500 yuan/ton for acceptance. The actual transaction is negotiable

the quotation of Sichuan Chengdu Huarong PVC is stable. At present, the delivery price of type 5 materials in Sichuan is 5500 yuan/ton, and the actual transaction is negotiable

Anhui HuaSu PVC quotation decreased. The research on photochromic materials from Jiangsu and Shanghai spot exchange factory of ordinary type 5 has obtained a new exhibition price of about 5300 yuan/ton. Discounts can be negotiated for the actual transaction, so as to maintain the normal shipment

v. future market forecast

there is no bright spot in downstream demand. Traders maintain a cautious and wait-and-see attitude, operate according to the market, and negotiate a firm offer. It is expected that the short-term PVC market will still be dominated by consolidation

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