1、 Price trend

According to the data monitored by the business community, the price of PVC calcium carbide SG5 rose first and then fell this week. On Friday, the average price of domestic PVC was 6265.71 yuan/ton, and on Friday, the average price was 6281.43 yuan/ton, with an increase of 0.25% within the week.

2、 Market analysis

The domestic spot market price of PVC rose first and then fell this week. At present, the spot market is weak, the market price has changed from rising to falling, the actual transaction is limited, the market trading atmosphere is light, and the confidence is insufficient. Futures prices fell for five consecutive days this weekend, dampening market confidence. Up to now, the quotation range of domestic PVC5 carbide materials is around 5900-6470 yuan/ton.

In terms of crude oil, international crude oil futures rebounded on October 13. The settlement price of the main contract of US WTI crude oil futures was 89.11 dollars/barrel, up 1.84 dollars or 2.11%; The settlement price of the main contract of Brent crude oil futures was 94.57 dollars/barrel, up 2.12 dollars or 2.29%. On Thursday, the US CPI data was released. Although it was higher than expected, the stock market rebounded strongly after falling, boosting risky assets such as crude oil. In addition, the US Energy Information Administration (EIA) inventory data shows that diesel and heating oil inventories have declined significantly, overshadowing the negative impact of the increase in crude oil and gasoline inventories.

In terms of calcium carbide, the ex factory price of calcium carbide in northwest China rose this week. This week, the average ex factory price of mainstream calcium carbide manufacturers in northwest China rose from 3700 yuan/ton at the weekend to 3950 yuan/ton at the weekend, up 6.67%. The upstream carbon price was consolidated at a high level, with good cost support. The downstream PVC market was average, and the demand for calcium carbide was fair.

3、 Future market forecast

PVC analysts from the business agency believed that the spot price of PVC rose first and then fell this week. The market demand was general. The trading of new orders in the market was limited at the weekend, and the trading atmosphere was weakened. The five consecutive declines in futures depressed the confidence of the spot market. Crude oil futures rebounded, and the price of raw material calcium carbide was raised, which supported moderately. It is expected that in the short term, the PVC market price will fluctuate and consolidate. Pay close attention to the changes in the message.