This week, the price of calcium carbide in Northwest China increased by 0.58% (7.3-7.9)

Recent price trends of calcium carbide

 

According to the Commodity Market Analysis System of the Business Society, the factory price of calcium carbide in the northwest region has slightly increased this week. This week, the average ex factory price of mainstream calcium carbide manufacturers in northwest China increased from 2850.00 yuan/ton at the beginning of the week to 2866.67 yuan/ton at the weekend, an increase of 0.58%. Weekend prices fell by 25.54% year-on-year. On July 9th, the calcium carbide commodity index was 75.11, unchanged from yesterday, a decrease of 64.61% from the cycle’s highest point of 212.23 points (2021-10-26), and an increase of 35.36% from the lowest point of 55.49 points on March 14th, 2016. (Note: The cycle refers to the period from September 1st, 2011 to the present)

 

Upstream support is good, while downstream demand is average

 

From the supply side perspective, the factory price of calcium carbide in the northwest region has slightly increased this week, and the inventory of manufacturers is average.

 

The upstream blue charcoal market has stabilized at a low level, while the downstream PVC market prices have slightly fluctuated and increased. This weekend, the price of Shenmulan charcoal is around 1020 yuan/ton, and the price is temporarily stable. This week, the PVC market price dropped from 5505.00 yuan/ton at the beginning of the week to 5493.33 yuan/ton at the weekend, a decrease of 0.21%. Weekend prices fell by 19.81% year-on-year. The PVC market price fluctuated slightly and fell, with downstream customers having average enthusiasm for purchasing calcium carbide. The downstream PVC market has a negative impact on the price of calcium carbide.

 

Calcium carbide may fluctuate and decline in the aftermarket

 

In mid to late July, the calcium carbide market may experience a narrow range of fluctuations and declines. The price of raw material blue charcoal has stabilized at a low level, with good cost support. The downstream PVC market has slightly declined, and downstream demand has weakened. In mid to late July, the price of calcium carbide in the northwest region may fluctuate and decline in a narrow range, with consolidation being the main trend.

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