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The export arbitrage window of PVC continues to open

In terms of supplying aspect, calcium carbide, last week, the mainstream market price of calcium carbide was reduced by 50-100 yuan / ton. The overall operating load of calcium carbide enterprises was relatively stable, and the supply of goods was sufficient. Affected by the epidemic, the transportation of calcium carbide is not smooth, the factory price of enterprises is lowered to allow profit transportation, the cost pressure of calcium carbide is large, and the short-term decline is expected to be limited. The start-up load of PVC upstream enterprises has increased. The maintenance of most enterprises is concentrated in the middle and late April, and the start-up load will remain relatively high in the short term. Affected by the epidemic, the operating load of domestic downstream enterprises is low, the demand is relatively weak, and the inventory of some PVC production enterprises in the plant area has increased due to poor transportation.

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As of April 6, the price of PVC in Asia has not changed much this week. CFR China remains at US $1390 / ton, Southeast Asia remains at US $1470 / ton, and CFR India falls by US $10 to US $1630 / ton. The spot price of the external market remained stable, but the export was weaker than that in the early stage due to the continued weakness of international crude oil. As of April 7, the weekly data showed that the overall operating load of PVC was 82.42%, with a month on month increase of 0.22 percentage points; Among them, the operating load of calcium carbide PVC was 83.66%, down 1.27 percentage points month on month.

Chemdo has been receiving inquiries from Southeast Asia, the Middle East and Africa recently, and the export is still relatively stable.


Post time: Apr-14-2022