I. price trend
According to the data monitored by the business association (average ex factory price of SG5 by calcium carbide method), the domestic PVC price on November 6 was 6632.5 yuan / ton, up 0.19% compared with the domestic PVC price on the previous day (05), up 3.1%%.
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II. Market analysis
Products: PVC spot market generally stable, individual quotations slightly up, the market as a whole trading tepid. At present, the spot supply is tight, the purchasing enthusiasm of the downstream products industry is general, the rigid replenishment needs to be maintained, the market transaction center moves down, and the seasonal off-season, there is no obvious good signal. At present, the mainstream price of pvc5 carbide in Changzhou is 6580-6680 yuan / ton, that of pvc5 carbide in Hangzhou is 6620-6670 yuan / ton, and that of PVC ordinary carbide in Guangzhou is 6640-6860 yuan / ton.
Industry chain: Recently, the ex factory price of calcium carbide has fallen, the market supply is sufficient, the inventory is overstocked, and the price is under pressure. The downstream products enterprises are generally acceptable, the market demand has not been significantly improved, and the purchasing enthusiasm is poor, which is difficult to boost the PVC market.
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Industry: according to the price monitoring of the business agency, on November 5, 2019, there are three commodities in the list of commodity price rise and fall, namely, pet (1.71%), natural rubber (0.66%) and PP (0.39%) A total of 1 kind of goods declined on a month on month basis, and PVC (- 0.26%) was the product that declined The average price of this day is 0.16%
III. future forecast
PVC analysts of the business club believe that: at present, PVC spot supply is tight, the downstream product industry continues to maintain the rigid demand for replenishment, the market transaction center moves down, coupled with the seasonal off-season, the market confidence is insufficient, and it is expected that the PVC market will mainly be consolidated in the short term.
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