Recent price trends of calcium carbide
| PVA |
According to the Commodity Market Analysis System of the Business Society, the ex factory prices of calcium carbide in the northwest region have temporarily stabilized this week. This week, the average ex factory price of mainstream calcium carbide manufacturers in northwest China was 3350.00 yuan/ton, and the weekend price fell by 9.46% year-on-year. On September 10th, the calcium carbide commodity index was 87.77, unchanged from yesterday, a decrease of 58.64% from the cycle’s highest point of 212.23 points (2021-10-26), and an increase of 58.17% 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)
Increased upstream support and better downstream demand
From the supply side perspective, the ex factory prices of calcium carbide in the northwest region have temporarily stabilized this week, and the manufacturer’s inventory is average.
| PVA 1788 (PVA BP17) |
The upstream orchid charcoal market slightly rose, while the downstream PVC market prices fluctuated and rose. This weekend, the price of Shenmulan charcoal is around 1100-1230 yuan/ton, and the price has increased by about 100 yuan/ton, increasing cost support. The PVC market price fluctuated slightly this week, rising from 6254.00 yuan/ton at the beginning of the week to 6376.00 yuan/ton at the weekend, an increase of 1.95%. Weekend prices fell by 1.97% year-on-year. The PVC market price continues to rise, and downstream customers have a good enthusiasm for purchasing calcium carbide. The downstream PVC market has a positive impact on the price of calcium carbide.
Calcium carbide may fluctuate or rise in the aftermarket
In mid to late September, the calcium carbide market may fluctuate and rise in a narrow range. The price of raw material blue charcoal has slightly increased, with increased cost support. The downstream PVC market continues to rise, and downstream demand is good. It is expected that the price of calcium carbide in the northwest region will rise in a narrow range in mid to late September, with consolidation being the main focus.
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