Recent price trends of calcium carbide
| Thiourea |
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. The average ex factory price of mainstream calcium carbide manufacturers in northwest China this week is 3150.00 yuan/ton. Weekend prices fell by 27.86% year-on-year. On May 21, the calcium carbide commodity index was 82.53, unchanged from yesterday, a decrease of 61.11% from the cycle’s highest point of 212.23 points (2021-10-26), and an increase of 48.73% 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 good, while downstream demand weakens
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 semicarbon market was consolidated at a high level, while the downstream PVC market price fell slightly. This weekend, the price of Shenmulan charcoal is around 1350 yuan/ton, and the price has stabilized at a high level. The PVC market price this week dropped from 5805.00 yuan/ton at the beginning of the week to 5652.00 yuan/ton at the end of the week, a decrease of 2.64%. Weekend prices fell by 34.73% year-on-year. The PVC market price fell slightly, and downstream customers’ enthusiasm for calcium carbide procurement weakened. The downstream PVC market had a negative impact on the price of calcium carbide.
Calcium carbide may fluctuate and decline in the aftermarket
In late May, the calcium carbide market may experience a narrow range of fluctuations and declines. The price of raw material blue charcoal has stabilized at a high level, with good cost support. The downstream PVC market has slightly declined, and downstream demand is insufficient. In late May, the price of calcium carbide in the northwest region may fluctuate and decline in a narrow range, with consolidation being the main trend.
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