Category Archives: Uncategorized

PVC spot market price drops (10.9-10.13)

1、 Price trend

 

According to the monitoring of the Commodity Market Analysis System of the Business Society, the spot price of PVC carbide SG5 decreased this week. At the beginning of the week, the average domestic PVC price was 5930 yuan/ton, and the average weekend price was 5842 yuan/ton. The price fell by 1.48% during the week.

 

2、 Market analysis

 

This week, the domestic spot market price of PVC fell. The upstream calcium carbide market prices have temporarily stabilized and reorganized, with futures opening at a low price after the holiday. During the week, the futures market weakened slightly, and there was a significant lack of confidence in the futures markets. PVC spot prices have been lowered. In terms of demand, the downstream market procurement is not active after the holiday, and the trading atmosphere on the market is weak. Many people are cautious and wait, and the overall transaction situation is weak, with just the need for replenishment being the main focus. As of now, the quotation range for PVC5 carbide materials in China is mostly around 5520-5940 yuan/ton.

 

In terms of crude oil, on October 12th, international crude oil futures were mixed. US WTI crude oil futures closed higher, with the main contract settlement price at $82.91 per barrel, up 0.58 US dollars or 0.7%. Brent crude oil futures fell, with the main contract settlement price at $86.00 per barrel, a decrease of $0.18 or 0.2%.

 

In terms of calcium carbide, according to data monitored by the Business Society, the prices of calcium carbide manufacturers have temporarily stabilized this week, with an average domestic price of 2966.67 yuan/ton. The upstream price of blue charcoal is stable and relatively strong, with good cost support. The downstream PVC market has slightly declined, and the demand for calcium carbide has weakened.

 

3、 Future Market Forecast

 

PVC analysts from Business Society believe that the trading volume in the PVC spot market is relatively light this week. Upstream calcium carbide is temporarily stabilized and sorted, with average support. Futures prices have mostly declined, suppressing confidence in the spot market and causing a decline in the PVC spot market. It is expected that the PVC market will experience slight fluctuations in the short term, and we will closely monitor changes in the news.

http://www.pva-china.net

Cost supported slight increase in chlorinated paraffin prices (10.6-10.12)

1、 Price trend

 

According to the Commodity Market Analysis System of Business Society, the average market price of chlorinated paraffin 52 in China on October 6th was 5733 yuan/ton. On October 12th, the average market price of chlorinated paraffin 52 in China was 5800 yuan/ton, and the price of chlorinated paraffin increased by 1.16% this week.

 

2、 Market analysis

 

The market price of chlorinated paraffin has increased this week. This week, the price of raw material liquid wax has increased, while the price of raw material liquid chlorine has decreased. The cost side is mixed. Downstream on-demand procurement, procurement needs are cautious, and market transactions are average. Due to the continuous high prices of raw material liquid wax, some chlorinated paraffin manufacturers have raised prices with the increase of raw materials. As of October 12th, the factory quotation for chlorinated paraffin 52 in Anhui Province is about 6300 yuan/ton, while the factory quotation for chlorinated paraffin 52 in Shandong Province is about 5100-5900 yuan/ton, which is environmentally friendly.

 

In terms of raw material liquid wax, the price of liquid wax continued to rise this week, and liquid wax fluctuated with the crude oil market. In terms of raw material liquid chlorine, the price of liquid chlorine has been lowered this week, and it has stabilized in the later stage. The market situation is mainly fluctuating and the operation is being sorted out.

 

3、 Future Market Forecast

 

Chlorinated paraffin analysts from Business Society believe that the trend of raw material prices has stabilized recently, and cost support is still ongoing. Downstream demand is weak, and market trading is weak, waiting for terminal demand to be released. It is expected that the short-term stable consolidation and operation of chlorinated paraffin prices will be the main focus, and it is recommended to pay attention to changes in the raw material market.

http://www.pva-china.net

On October 11th, the price of isooctanol in Shandong increased by 2.02%

Product name: Isooctanol

 

Latest price (October 11th): 12600.00/ton

 

On October 11th, the market price of isooctanol in Shandong Province slightly increased, with a price increase of 250 yuan/ton or 2.02% compared to October 10th, and a year-on-year increase of 35.97%. Upstream propylene prices have stabilized at high levels, with good cost support. The downstream DOP market has slightly increased, leading to an increase in downstream demand. Multiple benefits are good, but the product trend is upward under the contradiction between supply and demand.

 

Recently, the market price of isooctanol in Shandong region may fluctuate slightly, with an average market price of around 12700 yuan/ton.

http://www.pva-china.net

On October 9th, PVC spot market prices were lowered

Product name: PVC

 

Latest price: 5950 yuan/ton

 

Analysis points: On October 9th, the spot market price of PVC was lowered, and the atmosphere on the market was average. In terms of raw materials, the factory price of upstream calcium carbide is temporarily stable. In terms of futures, futures closed lower today, with a significant degree of weakness. At present, the overall confidence of the two cities is insufficient, suppressing the mentality of the PVC market. The factory prices of manufacturers have been lowered, and downstream product manufacturers are buying at low prices. The transaction at low prices is still acceptable.

 

Prediction: In the short term, the PVC spot market will experience slight fluctuations and consolidation operations.

http://www.pva-china.net

Stable market for viscose staple fibers after National Day holiday

This week (October 2-8), during the National Day holiday, the overall market for viscose staple fibers remained stable, prices remained stable, and the signing of orders was average. The performance of human cotton yarn was average, and there were not many orders from the yarn factory. The prices of viscose staple fiber raw materials such as dissolved pulp and auxiliary materials such as caustic soda are at a high level, with strong cost support, which has a strong supporting effect on the price of viscose staple fiber. The start-up rate of the viscose staple fiber industry has basically maintained, and the overall industry load has increased to around 79%. Manufacturers’ inventory pressure is not high, and shipments are slightly tight. Downstream people’s cotton yarn is relatively flat, with few new orders and just a need for replenishment. Overall, the shipment is stable, and the price is stable. The demand from downstream weaving manufacturers is still relatively flat, and the improvement is not significant.

 

Viscose staple fiber price trend chart

 

According to the Commodity Market Analysis System of Business Society, the price of viscose staple fiber remained stable this week (October 2-8). As of October 8, the domestic factory quotation for 1.2D * 38mm viscose staple fiber was 13480 yuan/ton, which is the same as last week’s price.

 

In terms of cost: This week (October 2-8), the prices of raw materials such as dissolved pulp and acid-base remained stable at high levels. Hunan and Shandong manufacturers produced broadleaf dissolved pulp, and the quotation for domestic dissolved pulp was raised to around 7500-7600 yuan/ton. The transaction volume for imported broadleaf dissolved pulp was 860 US dollars/ton, and that for needle leaf dissolved pulp was around 870-880 US dollars/ton.

 

Supply demand: The operating rate of the viscose staple fiber industry is basically maintained, and the overall industry load has risen to around 79%. The inventory pressure of manufacturers is not high, and shipments are slightly tight. The human cotton yarn factory mainly consumes inventory, and the enthusiasm for replenishment is currently not high. The human cotton yarn is relatively flat, and there are not many new orders that just need to be replenished. Overall, shipments are stable.

 

Downstream cotton yarn market

 

This week (October 2-8), the overall market for human cotton yarn remained stable, with stable prices and average overall sales. As of October 8th, the average ex factory price of human cotton yarn (30S, ring spun, first class) was 17650 yuan/ton, which is the same as last week’s price. There are not many new orders that just need to be restocked, and the overall shipment is average. The demand from downstream weaving manufacturers is still relatively flat, and the improvement is not significant.

 

Future Market Forecast

 

http://www.pva-china.net

The textile market is currently in a traditional peak season, with strong cost support. The inventory of the viscose staple fiber industry is at a medium to low level, which is expected to bring a strong boost to the price of viscose staple fibers. Analysts from Business Society predict that in the short term, the overall market for viscose staple fibers and rayon yarn will be relatively strong, and prices will slightly increase.