According to the data monitored by toodudu, the PVC carbide method SG5 operated in shock last week, and the overall price increased slightly. The average domestic PVC price at the beginning of the week was 5,992.86 RMB/ ton, the average weekend price was 6,028.57 RMB/ ton, and the price decreased by 0.6% within the week.

Last week, PVC calcium carbide method SG5 operated in shock, and the overall price increased slightly. The overall trading and investment situation of the market is relatively light, the actual transaction situation of the spot market is general, and the market confidence is insufficient. Downstream procurement enthusiasm is not high, and the transaction of real orders is more cautious, focusing on rigid demand. Up to now, the quotation range of domestic PVC5 carbide is mostly around 5,550-6,150 RMB/ ton.

In terms of crude oil, on November 10, international crude oil futures prices rose. The settlement price of the main contract of US WTI crude oil futures was 86.47 US dollars/barrel, up 0.64 US dollars or 0.8%. The settlement price of the main contract of Brent crude oil futures was 93.67 dollars/barrel, up 1.02 dollars or 1.1%. The inflation data of the United States in October was lower than market expectations, supporting the rebound of oil prices, and diluting the fear of slowing fuel demand in Asia due to epidemic measures.

In terms of calcium carbide, last week, the average ex factory price of mainstream calcium carbide manufacturers in northwest China dropped from 3,883.33 RMB/ ton at the weekend to 3,733.33 RMB/ ton at the weekend, a drop of 3.86%. The price of raw material blue charcoal was consolidated at a low level. The cost of calcium carbide was generally supported. The downstream PVC market rose in a narrow range, and the downstream demand increased. It is expected that carbide prices in the northwest region will rise in a narrow range in the middle and late November.

toodudu PVC analysts believe that PVC prices rose slightly last week. Last week, the futures market was on the rise, driving the spot market sentiment. However, the overall downstream demand was general, and the trading of new orders was limited, so the trading atmosphere was weak. It is expected that China PVC market will be stable in the short term.

If you have any questions, please feel free to contact toodudu with tdd-global@toodudu.com.