[PVC Morning Brief] PVC Spot Prices Are Expected to Continue Weak Range-Bound Fluctuations Today

I. Focus Points

[Longzhong] 6/10: Instability in U.S.-Iran relations persists, heightening concerns over supply risks, and international oil prices rose. NYMEX crude oil futures July contract rose by USD 1.83/bbl to USD 90.03/bbl, up 2.07% from the previous session; ICE Brent crude futures August contract rose by USD 1.65/bbl to USD 93.10/bbl, up 1.80% from the previous session. China INE crude oil futures 2607 contract fell by RMB 14.3 to RMB 573.1/bbl, and rose by RMB 11.1 to RMB 584.2/bbl in night trading.

2. Calcium carbide Yesterday, the domestic calcium carbide market operated steadily, with the mainstream trading quotation in the Wuhai region at 2,150 yuan/ton. Some enterprises have seen inventory accumulation, and transactions are flexible in order to promote shipments. The increase in external sales of some captive calcium carbide has accelerated market participants’ willingness to ship. At present, cost pressure is increasing, calcium carbide prices are inverted, which has stimulated the purchasing enthusiasm of some traders. Downstream prices have been lowered, and vehicles waiting to unload have accumulated to some extent. It is expected that calcium carbide prices will continue to fluctuate at low levels today.

3 、 PVC ： Yesterday domestically PVC market prices continued to fluctuate weakly, with average trading activity. The spot market fundamentals remained in a pattern of both weak supply and demand, while transaction prices on the futures market fluctuated lower in search of support. 。 as of 6 Moon 10 On that day, the cash-on-delivery warehouse pickup price for PVC type 5 produced by the calcium carbide method in East China was at ... in the range of 4500-4650 yuan/ton, and the ethylene-based process is in the range of 4850-4950 yuan/ton 。

2. Price List

III. Market Outlook

In the short term, Domestic PVC supply and demand remain weak. After the middle of the month The increase in maintenance expectations for domestic production enterprises, combined with maintenance costs, has somewhat alleviated market supply pressure. The raw material end remains firm. ， Cost support has strengthened; however, demand has entered the off-season, providing limited support to the market. It is expected that today... PVC spot market Prices continue to fluctuate within a weak range. 。

4. Data Day