The most popular PVC weekly review focuses on the

  • Detail

[PVC weekly review] the two sides are mainly engaged in stalemate consolidation.

I. this week's market (July 9 to July 13)

the plastic warehouse receipt market continued to decline in the middle of this week, with a deep cumulative decline. The market mentality was low, and the buyers were unable to fight back. On the 5th, the TM was about 175 ℃ and the 30 day moving average fell one after another. The overall situation was depressed, the traders' wait-and-see mentality remained, and the market atmosphere was unspeakably active. By Friday, the China Plastics warehouse receipt index was at 1332.65 points, down 20.71 points from the end of last week. This week, the warehouse receipt of new adhesive VC tested by P was adjusted in a narrow range, and the trend was relatively stable

on Monday, the PVC warehouse receipt opened slightly lower and then fell in a narrow range. The trend became stable in the middle and late stages, and closed slightly in the late afternoon. The PVC warehouse receipt index fell 5.09 points, and the trading atmosphere on the disk was cold. On Tuesday, the opening price of PVC rose across the board, and then the price gradually fell in shock. At the end of the trading, the index closed slightly higher, rising 11.26 points, and the trading volume increased significantly. On Wednesday, the opening price of PVC fell, and the disk price rose slightly in shock. At the end of the day, the market rose and fell, and the index fell 3.85 points. The atmosphere of disk trading turned cold again. On Thursday, PVC warehouse receipts mainly opened higher. After a short rise in prices in the early stage, the prices fluctuated lower. In the late trading, the index rose by 5.20 points, and the trading volume increased significantly. Over the weekend, the opening price of PVC warehouse receipts fell slightly, the price rebounded significantly in the early stage, and then the trend became more stable. At the end of the day, the whole PVC warehouse receipts closed lower, and the index fell by 8.06 points. By the end of Friday, the PVC warehouse receipt index closed at 1236.63 points, down 0.53 points from the end of last week. This week, the average daily trading volume of PVC warehouse receipts was 170 tons, an increase of 13 tons compared with last week. The trading atmosphere was acceptable. 81 batches were ordered at the weekend, the same as last weekend

the specific data of one week are as follows:

warehouse receipt variety

settlement price (yuan/ton)

pvc warehouse receipt daily average trading volume (ton)

pvc warehouse receipt total order quantity (batch)

this weekend

last weekend

increase and decrease

this week

last week

increase and decrease

this Friday

last weekend

increase and decrease




50 ↑



13 ↑







7 ↓




47 ↑

According to the comprehensive analysis of the news of

, the trend of crude oil this week was volatile, and the continuous upward trend in the early stage was restrained, but the overall trend was still upward. By Friday's close, WTI and Brent closed at $73.93 and $77.57/barrel, up $1.12 and $1.95 respectively compared with last Friday. In terms of spot goods, the ex factory prices of PVC and domestic petrochemicals were partially stable, and some brands were mixed, with an increase of yuan/ton and a decrease of yuan/ton. The market trend in various regions was acceptable, and prices in some regions rose. However, traders reported that the transaction was not ideal after the price increase. The downstream operation was relatively normal, and the intention to receive goods improved slightly. There were few large orders to take goods, and most traders shipped goods at a favorable price. The operation was more cautious, and there was no obvious intention to prepare goods. The overall transaction was slightly improved

from a comprehensive point of view, this week PVC undertook the adjustment trend of the previous week, and the short-term tends to be horizontally consolidated, which is more likely to continue to fluctuate. If the downstream demand is amplified and can be supported by fundamentals next week, it will not rule out the possibility of stable and upward exploration

(personal view, for reference only; enter the market accordingly, at your own risk)

information source: China plastics trading

note: the source of this reprint is indicated. The purpose of reprint is to avoid the fluctuation of extrusion pressure caused by the fluctuation of plastic temperature and to transmit more information, which does not mean to agree with its view or confirm the authenticity of its content

Copyright © 2011 JIN SHI