Recent price trends of calcium carbide
According to the Commodity Market Analysis System of the Business Society, the factory price of calcium carbide in the northwest region has slightly increased this week. This week, the average ex factory price of mainstream calcium carbide manufacturers in northwest China increased from 2866.67 yuan/ton at the beginning of the week to 2950.00 yuan/ton at the weekend, an increase of 2.91%. Weekend prices fell by 23.04% year-on-year. On July 16, the calcium carbide commodity index was 77.29, unchanged from yesterday, a decrease of 63.58% from the cycle’s highest point of 212.23 points (2021-10-26), and an increase of 39.29% from the lowest point of 55.49 points on March 14, 2016. (Note: The cycle refers to the period from September 1st, 2011 to the present)
Upstream support is average, while downstream demand increases
From the supply side perspective, the factory price of calcium carbide in the northwest region has slightly increased this week, and the inventory of manufacturers is average.
The upstream blue charcoal market has stabilized at a low level, while the downstream PVC market prices have slightly fluctuated and increased. This weekend, the price of Shenmulan charcoal is around 1020 yuan/ton, and the price is temporarily stable, with average cost support. This week, the PVC market price increased from 5498.33 yuan/ton at the beginning of the week to 5615.00 yuan/ton at the weekend, an increase of 2.12%. Weekend prices fell by 13.60% year-on-year. The PVC market price has fluctuated slightly, leading to an increase in downstream customers’ enthusiasm for purchasing calcium carbide. The downstream PVC market has a positive impact on the price of calcium carbide.
Calcium carbide may fluctuate or rise in the aftermarket
In late July, the calcium carbide market may experience a narrow range of fluctuations and declines. The price of raw material blue charcoal has stabilized at a low level, with average cost support. The downstream PVC market has slightly increased, and downstream demand has increased. It is expected that the price of calcium carbide in the northwest region will fluctuate and rise in a narrow range in late July, with consolidation being the main focus.
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