Calcium carbide prices fell by 0.50% this week (9.11-9.17)

Recent price trends of calcium carbide

 

Thiourea

According to the Commodity Market Analysis System of the Business Society, the factory prices of calcium carbide in the northwest region have slightly decreased this week. This week, the average ex factory price of mainstream calcium carbide manufacturers in northwest China dropped from 3350.00 yuan/ton at the beginning of the week to 3333.33 yuan/ton at the weekend, a decrease of 0.50%, and the weekend price decreased by 7.83% year-on-year. On September 17th, the calcium carbide commodity index was 87.34, unchanged from yesterday, a decrease of 58.85% from the cycle’s highest point of 212.23 points (2021-10-26), and an increase of 57.40% 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)

 

Upstream support is average, while downstream demand weakens

 

From the supply side perspective, the ex factory prices of calcium carbide in the northwest region have slightly decreased this week, with average inventory levels among manufacturers.

 

The upstream blue charcoal market is temporarily stable, while the downstream PVC market prices have slightly declined. This weekend, the price of Shenmulan charcoal is around 1100-1230 yuan/ton, and the price is temporarily stable, with average cost support. The PVC market price slightly decreased this week, dropping from 6366.00 yuan/ton at the beginning of the week to 6280.00 yuan/ton at the end of the week, a decrease of 1.35%. Weekend prices fell by 2.48% year-on-year. The PVC market price has slightly declined, and downstream customers’ enthusiasm for purchasing calcium carbide has weakened. The downstream PVC market has a negative impact on the price of calcium carbide.

 

Calcium carbide may fluctuate and decline in the aftermarket

 

In late September, the calcium carbide market may experience a narrow range of fluctuations and declines. The price of raw material blue charcoal is temporarily stable, with average cost support. The downstream PVC market has slightly declined, and downstream demand has weakened. It is expected that the price of calcium carbide in the northwest region will fluctuate and fall in a narrow range in late September, with consolidation being the main trend.

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