PVC Price Plunge &Nbsp; Market Pessimism Is Thicker.
Last week, at home
PVC
There is a wide range of prices and a big dive. The pessimism of buyers and sellers is even more serious.
By the end of last week, the minimum outlet price of common materials in East China has dropped to 6300 yuan (ton price, the same below). In addition to the higher grade products, the delivery price is generally 6400~6450 yuan; the Southern China area last week is also very obvious, and the price performance is chaotic. The low end price of the local carbide method is 6450 yuan, and the quoted price of 6500~6600 yuan exists.
In terms of ethylene materials, customers are in serious mood because of the large gap between price and electric stone.
The low price of ethylene in eastern China is 6800~6900 yuan, and the lowest price in Southern China is 6850~7000 yuan.
At present, the domestic PVC market has not yet reached a turning point.
In the face of declining PVC prices,
Trade
Business and downstream customers receive long intervals, and small batch purchases are mainly to reduce the risk of the subsequent market downturn.
market
The stronger the pessimism, the clearer the seller's sales promotion attitude.
Calcium carbide prices fell by 150~200 yuan last week, the biggest drop was 250 yuan, and the decline in raw material costs made PVC weak.
Futures prices plummeted last Thursday, which once again struck the spot market.
At present, the focus of the industry is once again focused on the two key words of "cost" and "bottom".
In terms of cost, because of the large differences between enterprises, and the huge profit of caustic soda this year, chlor alkali enterprises will increase the operation of the electrolysis plant as much as possible, and at the same time run the PVC device to balance chlorine as much as possible.
Although many factories in Northwest and North China have been overhauling in October, it remains to be seen whether the whole industry can realize the reduction and promotion price in the sharp pain of breaking through the cost line.
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