Clouded Last Week's Market Slump Pvc

The Zhou Huanan region continue to follow the PVC market weakness last week

, the market focus to offer slightly downward, PVC market quotations are stone method to 7350-7400 yuan / ton ethylene PVC market price to 7500-7625 yuan / tons, compared with weekly 50 yuan / ton test a low rate. Yindie by the international crude oil and interest rates more than panic, the market is more pessimistic attitude, traders will ship strong, even at the price promotions can only be learned downstream still refuses to continue to digest the main inventory, maintain the principle of on-demand procurement . Bad news and the market area in the pessimistic state of mind under the influence of weak market outlook market will continue to adjust. V. Factors affecting PVC and forecast last week, mainly in the following factors: 1, last week of northern, northwestern and northeastern regions of calcium carbide price chasing 50-70 yuan / ton, while the Asia-based ethylene is still a small stable . While raw material prices on the cost of supporting a larger PVC, but rose to high, PVC business also he felt a pressure. 2, stopped falling international crude oil rebounded on Tuesday, but Wednesday after taking a rebound gain in more than sustained Yindie, long loose confidence, PVC sentiment is low. 3,5 11 countries, the economic data released in April, inflation pressures, interest rate worries weighed on the market action initiative. 4,5 13, the National Development and Reform Commission issued a notice that will be fully cleared of high energy-consuming enterprises in electricity price and a deadline lift the electrolytic aluminum, ferroalloy, calcium carbide high energy consumption enterprises, electricity prices concessions, PVC production cost pressures. In summary, the recent rising price of calcium carbide, which has preferential tariff policy will be abolished on June 1, PVC pressure to increase production costs and prices down space is very limited. And there is data in the south downstream products companies operating rate is gradually enlarged, believes that with the real estate taxes last a boot floor, PVC market will be the summer deep meaning.

Clouded Last Week's Market Slump Pvc

By: sisi

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