PVC maintain a high price, a small concussion still exist

Throughout the July, PVC market to rally-based, and pull up a larger range. To East China, for example, the current market in East China 6800-6900 yuan / ton, compared with the beginning of the East China market 6250-6350 yuan / ton up 550 yuan / ton, or about 8.73%. And in recent days, the gains have slowed down, the market to maintain high order to run the pattern, then, then the PVC will rise? Here we have to analyze:

PVC cost to continue to support

From the upstream raw material calcium carbide point of view, with the arrival of China’s peak summer electricity, coal prices continue to rise in the short term. In the coal prices rose, coupled with the environmental protection of the stringent production of calcium carbide by a certain impact, leading to calcium carbide prices have risen. Recently, the mainstream of calcium carbide market stabilized, local still up slightly. Up to now, the mainstream offer of calcium carbide in the Northwest region is still maintained at 2,500-2700 yuan / ton; Inner Mongolia, a local mainstream product price of calcium carbide in the 2500-2730 yuan / ton. On the whole, the calcium carbide market after a brief consolidation, will continue to rise in the market.

Supply side is still tight

Up to now, China’s PVC production enterprises in the overall operating rate of about 70%, of which Shandong letter of a PVC 200,000 tons / year device July 26 temporary fault parking has not yet resumed, the second phase of 400,000 tons / year ; Lutai chemical PVC 36 million tons / year device is still parking maintenance, the initial expected by the end of August to resume driving; Jun is the old factory area of ​​360,000 tons / year device on July 21 maintenance, is still overhaul, is expected around the beginning of August To resume production. And most manufacturers inventory at a low level, delivery orders mainly supply side is still tight.

Downstream wait and see atmosphere

The current environmental security inspection is still in the North China part of the products enterprises in the rectification stage, the downstream business is slightly contradictory to the high price, and plasticizers are also larger, end products prices slower, some orders less customers take the goods cautious, Wait and see atmosphere.

In summary, the next month will continue the current situation, and more to maintain a high run, do not rule out the existence of small concussion. The latter still need to pay attention to environmental protection, security checks and national policy aspects of the impact of futures and downstream goods may pay attention to the situation.