1、 Price trend

According to the data monitored by the business community, the PVC calcium carbide SG5 rose first and then fell this week. On the whole, the price rose slightly. On Friday, the average price of domestic PVC was 6008.57 yuan/ton, and on Friday, the average price was 6025 yuan/ton. The price rose 0.27% within the week.

2、 Market analysis

This week, the SG5 of PVC calcium carbide method rose first and then fell. On the whole, the price rose slightly. At present, the overall trading situation of the market is relatively general, the actual transaction situation of the spot market is general, the enthusiasm for inquiry and goods acquisition is weak, and more wait-and-see, the actual transaction is more cautious, and the demand is strong. Up to now, the quotation range of domestic PVC5 carbide materials is mostly around 5700-6300 yuan/ton.

In terms of crude oil, international crude oil futures closed lower on December 8. The settlement price of the main contract of US WTI crude oil futures was 71.46 US dollars/barrel, down 0.55 US dollars or 0.76%. The settlement price of the main contract of Brent crude oil futures was 76.15 dollars/barrel, down 1.02 dollars or 1.32%. The market was shrouded in a negative atmosphere, and the oil market was dragged down by the fear of economic recession. The expectation of the Federal Reserve to raise interest rates next week will put pressure on oil prices and weaken energy demand.

In terms of calcium carbide, the average ex factory price of mainstream calcium carbide manufacturers in northwest China fell from 3800 yuan/ton on Friday to 3766.67 yuan/ton at the end of this week, down 0.88%. The upstream carbon price was consolidated at a high level, with good cost support. The downstream PVC market rose first and then fell, and the demand for calcium carbide weakened.

3、 Future market forecast

PVC analysts from the business agency believe that PVC rose first and then fell this week, with a slight increase. The downstream demand is general, and the purchase is mainly on demand, with limited new orders. It is expected that in the short term, the PVC market price will fluctuate and consolidate. Pay close attention to the changes in the message.