1、 Price trend
| Benzalkonium chloride |
According to the data monitored by the business community, the price of PVC calcium carbide SG5 fell this week. On Friday, the average price of domestic PVC was 6281.43 yuan/ton, and on Friday, the average price was 6178.51 yuan/ton, with an increase of 1.64% during the week.
2、 Market analysis
The price of PVC domestic spot market fell this week, and futures prices also fell. The overall market operation of the market is weak, the spot market transaction is not good, the confidence is insufficient, the market price gradually falls slightly, and the actual transaction is limited. Up to now, the quotation range of domestic PVC5 carbide is mostly around 5750-6450 yuan/ton.
For crude oil, on October 20, the settlement price of international crude oil futures was basically the same as that of the previous trading day. The settlement price of December contract (month) of US WTI crude oil futures was 84.51 dollars/barrel, down 0.01 dollars; The settlement price of the main contract of Brent crude oil futures was 92.38 dollars/barrel, down 0.03 dollars. The game between supply and demand intensified, and oil prices fell into a stalemate.
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In terms of calcium carbide, the factory price of calcium carbide in northwest China rose slightly this week. This week, the average ex factory price of mainstream carbide manufacturers in northwest China rose from 3950 yuan/ton at the weekend to 3966.67 yuan/ton at the weekend, up 0.42%. In late October, the calcium carbide market fell mainly due to narrow shocks. The price of raw material semicarbon runs at a high level, and the cost of calcium carbide is well supported. The PVC market in the downstream has experienced a narrow range of shock and decline, and the downstream demand has weakened. In late October, calcium carbide prices in northwest China may fall in a narrow range.
3、 Future market forecast
PVC analysts from the business agency believe that the current prices of PVC both fell this week, depressing market confidence. The overall market demand is light, new orders are limited, and the trading atmosphere is poor. It is expected that the PVC market price will be weak and stable in the short term. Pay close attention to the changes in the message.
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