Calcium carbide prices in northwest China fell 0.48% this week (3.11-3.17)

Recent price trend of calcium carbide

 

Thiourea

As can be seen from the above figure, the factory price of calcium carbide in the northwest region decreased slightly this week. This week, the average ex-factory price of mainstream calcium carbide manufacturers in northwest China dropped from 3483.33 yuan/ton at the end of last week to 3466.67 yuan/ton at the end of this week. A year-on-year decrease of 23.53% compared to the same period last year. The calcium carbide commodity index on March 19 was 90.83, unchanged from yesterday, down 57.20% from the cycle’s highest point of 212.23 (2021-10-26), and up 63.69% from the lowest point of 55.49 on March 14, 2016. (Note: The cycle refers to 2011-09-01 to now)

 

Insufficient upstream support and weaker downstream demand

 

From the manufacturer’s quotation, the factory price of calcium carbide in the northwest region decreased slightly this week.

 

The upstream blue charcoal market slightly declined, while the downstream PVC market slightly declined. At the end of this week, the price of Shenmulan charcoal medium material was around 1230-1350 yuan/ton, down about 50 yuan/ton from the beginning of the week, and cost support weakened. The PVC market price fell from 6225.00 yuan/ton at the beginning of the week to 62166.67 yuan/ton at the end of the week, a decrease of 0.94%. A year-on-year decrease of 30.87% compared to the same period last year. The PVC market price fluctuated slightly, and downstream customers’ enthusiasm for calcium carbide procurement decreased. The downstream PVC market has a negative impact on the price of calcium carbide.

 

Aftermarket or fluctuating decline of calcium carbide

 

In late March, the calcium carbide market was mainly subject to narrow fluctuations and declines. The price of raw material blue charcoal has decreased slightly, and cost support is insufficient. The downstream PVC market has experienced a slight fluctuation and decline, and downstream demand has weakened. In late March, the price of calcium carbide in the northwest region may fall in a narrow range, mainly through consolidation.

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