Northwest calcium carbide prices increased by 0.57% this week (12.11-12.17)

Recent price trends of calcium carbide

 

According to the Commodity Market Analysis System of Business Society, the ex 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 2916.67 yuan/ton at the beginning of the week to 2933.33 yuan/ton over the weekend, an increase of 0.57%, and the weekend price decreased by 20.72% year-on-year. On December 17th, the calcium carbide commodity index was 76.86, unchanged from yesterday, a decrease of 63.78% from the highest point in the cycle of 212.23 points (2021-10-26), and an increase of 38.51% from the lowest point of 55.49 points on March 14th, 2016. (Note: The cycle refers to the period from September 1st, 2011 to present)

 

Upstream support is average, downstream demand weakens

 

From the supply side perspective, the ex factory prices of calcium carbide in the northwest region have slightly increased this week, and the inventory levels of manufacturers are average.

 

The upstream blue charcoal market has slightly declined, while the downstream PVC market prices have slightly increased. This weekend, the price of Shenmulan charcoal medium material is around 1160 yuan/ton, and the price is temporarily stable, with average cost support. The PVC market price has slightly declined this week, dropping from 5710.00 yuan/ton at the beginning of the week to 5698.00 yuan/ton at the end of the week, a decrease of 0.21%. Weekend prices fell 6.97% year-on-year. The PVC market price has slightly declined, and downstream customers have weakened their enthusiasm for purchasing calcium carbide. The downstream PVC market has a negative impact on the price of calcium carbide.

 

Calcium carbide may experience a volatile decline in the future market

 

In late December, the calcium carbide market may experience a narrow range of fluctuations and decline. The downstream PVC market has slightly declined, downstream demand has weakened, raw material blue charcoal prices have stabilized at low levels, and cost support is average. In the future, it is expected that the price of calcium carbide in the northwest region will fluctuate and fall narrowly in late December, with consolidation being the main trend.

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