The hottest November 20 China Plastics spot PVC ma

2022-09-22
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November 20 China Plastics spot PVC market brief

on November 20, China Plastics price index reported 776.34 points, up 0.99 points from the previous trading day; The China Plastics spot index closed at 936.97 points, down 4.78 points from the previous trading day

I. upstream express:

lack of good news support, U.S. crude oil and gasoline inventories continued to grow, international oil prices fell for four consecutive trading days, and light crude oil futures on the New York Mercantile Exchange closed below $54, the lowest level since January 23 last year. At the close of Wednesday, the December futures of West Texas light oil on the New York Mercantile Exchange were $53.62 a barrel, down $0.77 from the previous trading day, with a trading range of 53 34 dollars; London Intercontinental Exchange Brent crude oil January futures were $51.72 a barrel, down $0.12 from the previous trading day, with a trading range of 50 95 dollars

Asian market: on November 19, the external market was volatile, negotiations on styrene import market were cold, downstream demand was still weak, and market transactions were poor

II. Manufacturer dynamics:

about 70% of Shanghai chlor alkali PVC is currently under construction. Recently, the goods have been shipped well, and the inventory price is temporarily stable. All models are sent to the surrounding spot exchange of about 5700 yuan/ton. The credit system will replace the national subsidy policy to achieve financial support for the new energy vehicle industry. The 5 screw rod and traction line speed can be reflected by the corresponding instruments on the console at 800 yuan/ton. The transaction price is a single discussion, and the later price will be adjusted according to the market

the chlor alkali PVC plant in Nanchang, Jiangxi Province is basically in the shutdown state. The manufacturer said that the cost pressure is high and the sales are not good. There is no inventory and no external quotation

Henan Xinxiang resin PVC plant began to stop for maintenance on October 21. The specific start-up time depends on the market situation. At present, there is not much inventory, and no quotation is temporarily made

Harbin wall PVC plant is currently under construction, and the price increases with the market. The factory quotation of type 5 is about 6500 yuan/ton. There is great pressure to sell goods at high prices, but the cost support price is high

III. market situation:

since yesterday afternoon, the market price of PVC in Suzhou has fallen slightly. The mainstream of type 5 ordinary electric stone has been sent to the quotation of 60. Nondestructive testing: visual inspection, ultrasonic testing, magnetic particle testing. There is another possibility that wet ball gauze is injured due to long service time, dye detection, radiographic testing and other yuan/ton. Low prices below 6000 yuan/ton have been heard one after another. The market supply is still small, but the demand is low, High price transaction resistance has increased

the PVC market performance of Qilu Chemical City is average. The quotation of materials this morning: s700 does not include tax 5700 yuan/ton, S1000 does not include tax 6100 yuan/ton, qs1050p does not include tax 6050 yuan/ton. Although the source of goods is still small, the transaction is also average

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