Recent price trends of calcium carbide
| PVA |
According to the Commodity Market Analysis System of the Business Society, the ex factory prices of calcium carbide in the northwest region have temporarily stabilized this week. This week, the average ex factory price of mainstream calcium carbide manufacturers in northwest China was 2916.67 yuan/ton, and the weekend price fell by 24.89% year-on-year. On November 5th, the calcium carbide commodity index was 76.42, unchanged from yesterday, a decrease of 63.99% from the cycle’s highest point of 212.23 points (2021-10-26), and an increase of 37.72% from the lowest point of 55.49 points on March 14th, 2016. (Note: The cycle refers to the period from September 1st, 2011 to the present)
Weakened upstream support and increased downstream demand
From the supply side perspective, the ex factory prices of calcium carbide in the northwest region have temporarily stabilized this week, and the manufacturer’s inventory is average.
The upstream blue charcoal market slightly declined, while the downstream PVC market prices slightly increased. This weekend, the price of Shenmulan charcoal intermediate was around 1230-1330 yuan/ton, with a decrease of about 100 yuan/ton, indicating insufficient cost support. The PVC market price has slightly increased this week, rising from 5854.00 yuan/ton at the beginning of the week to 5884.00 yuan/ton at the weekend, an increase of 0.51%. Weekend prices fell by 2.40% year-on-year. The PVC market price has slightly increased, and downstream customers have a good enthusiasm for purchasing calcium carbide. The downstream PVC market has a positive impact on the price of calcium carbide.
Calcium carbide may fluctuate and decline in the aftermarket
In mid November, the calcium carbide market may experience narrow fluctuations and decline. Although the downstream PVC market has slightly increased and downstream demand has improved, the price of raw material blue charcoal has slightly decreased, and cost support is insufficient. It is expected that the price of calcium carbide in the northwest region will fluctuate and fall in a narrow range in mid November, with consolidation being the main trend.
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