SunSirs: The Price of Calcium Carbide in Northwest China Was Temporarily Stable This Week (February 25-March 3)

https://www.chemnet.com   Mar 07,2023 SunSirs

　　It can be seen from the above figure that the ex-factory price of calcium carbide in the northwest region was temporarily stable this week. This week, the average ex-factory price of mainstream calcium carbide manufacturers in northwest China was 3,483.33 RMB/ton. It was 15.04% lower than the same period last year.

　　The carbide commodity index on March 5 was 91.27 points, which was the same as the previous day, down 56.99% from the cycle's highest point of 212.23 points (2021-10-26), and up 64.48% from the lowest point of 55.49 points on March 14, 2016. (Note: the period refers to September 1, 2011 to now)

　　Insufficient upstream support and weaker downstream demand

　　From the perspective of manufacturer's quotation, the ex-factory price of calcium carbide in the northwest region was temporarily stable this week: The price of calcium carbide in OVA at the end of this week was 3,450 RMB/ton, which was temporarily stable compared with that at the end of last week; The price of calcium carbide in Inner Mongolia Zoomlion this weekend was 3,500 RMB/ton, which wass temporarily stable compared with the last weekend; The price of calcium carbide in Xingping, Ningxia, this weekend was 3,500 RMB/ton, which was temporarily stable compared with the last weekend.

　　The market price of the upstream semi-coke market was low, and the price of the downstream PVC market fell slightly. At the end of this week, the price of Shenmu semi-coke was around 1,300-1,500 RMB/ton, and the cost support was insufficient. The market price of PVC fell from 6,313.33 RMB/ton at the beginning of the week to 6,251.67 RMB/ton at the end of the week, down 0.98%. The year-on-year decline was 28.39%. The PVC market price fell slightly in shock, the enthusiasm of downstream customers for calcium carbide procurement weakened, and the downstream PVC market had a negative impact on the price of calcium carbide.

　　Market outlook

　　In the middle and early days of March, the carbide market may fall in a narrow range. The price of raw material semi-coke was consolidated at low levels, the cost support was insufficient, the downstream PVC market was slightly fluctuating downward, and the downstream demand was weakened. In the middle and early March, the price of calcium carbide in the northwest region may fluctuate downward in a narrow range, mainly consolidated.

 Print  |    add to Favorites  |    Close