1、 Price trend

According to the data monitored by the business community, the PVC calcium carbide method SG5 operated in shock this week. On the whole, the price decreased slightly. The average domestic PVC price at the beginning of the week was 6028.57 yuan/ton, the average weekend price was 6022.86 yuan/ton, and the price decreased 0.09% within the week.

2、 Market analysis

This week, the PVC calcium carbide method SG5 was put into operation in shock, and the overall price decreased slightly. At present, the overall trading and investment situation of the market is relatively light, the actual transaction situation of the spot market is general, the enthusiasm of downstream customers is weak, the market confidence is insufficient, the actual transaction is more cautious, and the demand is strong. Up to now, the quotation range of domestic PVC5 carbide is mostly around 5550-6450 yuan/ton.

In terms of crude oil, international crude oil futures fell sharply on November 17. The settlement price of the main contract of WTI crude oil futures in the United States was 81.64 dollars/barrel, down 3.95 dollars or 4.6%. WTI fell to the lowest point since October 3. The settlement price of the main contract of Brent crude oil futures was 89.87 dollars/barrel, down 3.08 dollars or 3.3%.

In terms of calcium carbide, the average ex factory price of mainstream calcium carbide manufacturers in northwest China fell from 3700 yuan/ton at the beginning of the week to 3683.33 yuan/ton at the end of the week, a decline of 0.45%. The upstream carbon price was consolidated at a high level, with good cost support. The downstream PVC market fell slightly, and the demand for calcium carbide weakened.

3、 Future market forecast

PVC analysts from the business agency believe that PVC fluctuated slightly this week, with a slight decline. The upstream carbide decreased slightly. The downstream demand is general, and the purchase is mainly based on demand, and the new order transaction is cautious. It is expected that in the short term, the PVC market price will fluctuate and consolidate. Pay close attention to the changes in the message.