Recent price trends of calcium carbide

According to the Commodity Market Analysis System of the Business Society, the ex factory prices of calcium carbide in the northwest region have temporarily stabilized this week. This week, the average ex factory price of mainstream calcium carbide manufacturers in northwest China was 2966.67 yuan/ton, and the weekend price fell by 24.89% year-on-year. On October 15th, the calcium carbide commodity index was 77.73, unchanged from yesterday, a decrease of 63.37% from the cycle’s highest point of 212.23 points (2021-10-26), and an increase of 40.08% 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 average, while downstream demand weakens

From the supply side perspective, the ex factory prices of calcium carbide in the northwest region have temporarily stabilized this week, and the manufacturer’s inventory is average.

The upstream blue charcoal market has stabilized at a high level, while the downstream PVC market prices have slightly declined. This weekend, the price of Shenmulan charcoal intermediate is around 1360-1430 yuan/ton, with high prices consolidating and average cost support. The PVC market price slightly decreased this week, dropping from 5930.00 yuan/ton at the beginning of the week to 5842.00 yuan/ton at the weekend, a decrease of 1.48%. Weekend prices fell by 7.00% year-on-year. The PVC market price has slightly declined, and downstream customers’ enthusiasm for purchasing calcium carbide has weakened. The downstream PVC market has a negative impact on the price of calcium carbide.

Calcium carbide may fluctuate and decline in the aftermarket

In late October, the calcium carbide market may experience a narrow range of fluctuations and declines. The price of raw material blue charcoal has stabilized at a high level, with average cost support. The downstream PVC market has slightly declined, and downstream demand has weakened. It is expected that the price of calcium carbide in the northwest region will fluctuate and fall in a narrow range in late October, with consolidation being the main trend.