1、 Price trend

According to the data monitored by the business agency, the price of PVC carbide SG5 fell this week. The average price of domestic PVC was 6850 yuan / ton last Friday, and 6498.57 yuan / ton this Friday. The price fell by 5.13% during the week.

2、 Market analysis

The domestic spot market of PVC continued to decline this week. Futures prices fell today, dampening sentiment in the spot market. Many manufacturers do not offer external prices, and one single discussion is the main thing. Downstream enterprises and traders are more wait-and-see, inquiry is OK, spot transactions are general, downstream procurement is cautious, and orders are mainly received on demand. Up to now, the quotation range of domestic pvc5 electric stone is mostly around 6100-6500 yuan / ton.

In terms of international crude oil, on July 14, the price of international crude oil futures rebounded after bottoming out and closed down slightly. The settlement price of the main contract of WTI crude oil futures in the United States was US $95.78 / barrel, down US $0.52 or 0.5%; The settlement price of the main contract of Brent crude oil futures was $99.10 / barrel, down $0.47 or 0.5%. WTI once fell to $90 in the session, and then almost recovered all the losses. The market is concerned about the rate hike of the Federal Reserve, which raises concerns about curbing oil demand.

In terms of calcium carbide, the average price of calcium carbide last Friday was 3850 yuan / ton, and this Friday was 3833.33 yuan / ton. The price fell by 0.43% during the week. The factory prices of calcium carbide manufacturers were mostly stable this week, and the prices of some enterprises fell. The price of blue carbon in the upstream fell slightly, the cost support weakened, the PVC market in the downstream fell slightly, and the demand for calcium carbide weakened. It is expected that in the short term, the price of calcium carbide in Northwest China will temporarily stabilize and consolidate.

3、 Aftermarket forecast

PVC analysts of business agency believe that the spot price of PVC continued to fall this week. At present, the demand of PVC spot market is light. The downstream is more wait-and-see, cautious in order taking, and the transaction atmosphere is general. Futures prices fell today, dampening sentiment in the spot market. It is expected that the PVC market will operate weakly and stably in the short term.