Beginning in mid-October, the PVC market experienced a wave of rapid decline, which caught spot participants by surprise, making the distribution of profits in the PVC upstream and downstream industry chain a roller coaster. As of November 8, the cumulative decline has reached 36%. After the price fell rapidly, the market bubble has been greatly released, and market participants are beginning to pay attention to whether the current price has bottomed out? Regarding this question, we need to look at whether the driving force of this rapid decline has changed, and whether the negatives have been exhausted? First of all, the first driving force of the decline is the impact of the collapse of related commodities represented by coal. The rapid decline of coal has changed the logic of the expected reduction in production of calcium carbide and PVC when the PVC rose in the previous period, and the new logic has become that the supply side will increase production. , And this logic has also been confirmed in calcium carbide and PVC. At present, the price of coal may still not reach the end, but the impact on calcium carbide and PVC has been basically limited. The second driving force for the decline is the rapid decline of raw material calcium carbide and the collapse of PVC cost support. The price of calcium carbide has indeed experienced a sharp drop. Turning losses into profits, PVC companies that outsourced calcium carbide have seen an increase in their start-ups. Therefore, the supply and demand relationship of calcium carbide will gradually improve, and the price of calcium carbide will also show signs of stabilization. The bottom of PVC cost is basically tested, so the negative effect of PVC cost collapse is also coming to an end. On the whole, the negatives that led to the rapid decline of PVC prices are basically digested, so how about the performance of PVC fundament

Coal prices continue to fall under national control, and the upstream blue carbon market has declined significantly, especially in the small and medium-sized material market under high prices. The transaction is not good, and the price reduction has promoted shipments. At present, the start-up load of calcium carbide enterprises has increased, and the demand for blue carbon mid-materials is acceptable, but the small material market transactions are weak, so the price continues to decline to promote transactions. On the other hand, the continuous decline of blue carbon prices does not support the cost of calcium carbide. The downstream PVC market has received sufficient goods, but the capacity of receiving goods has weakened, and the number of unloading trucks has increased. It is expected that the domestic calcium carbide market will still have a downside in the short-term. The specific situation is concerned with the start of downstream PVC construction and the overall situation of the market. We have done chemical products for over 30years. Our main products include PVC RESIN, CPE, TIO2,PE WAX, PARAFFIN WAX, STABILIZER ETC.

Since the weekend, the price of calcium carbide has been continuously lowered. Among them, the ex-factory price in Wuhai area has dropped by about 900 yuan/ton in 3 days, and the downstream purchase price has dropped by 600-700 yuan/ton in 3 days, and the other adjustment ranges are also available. The price has dropped significantly. On the one hand, due to the low price of PVC, PVC companies start to operate relatively low, the digestion speed of calcium carbide is slower, and the consumption is small; Under normal circumstances, the pressure on enterprises to ship goods has increased, so prices have continued to decline to stimulate shipments; in addition, the price of raw blue charcoal has also been continuously lowered. Calcium carbide companies are actively shipping mainly, and prices have continued to fall. The current ex-factory price of calcium carbide in various regions: the ex-factory price of calcium carbide in Wuhai, Inner Mongolia is 6000 yuan/ton, and the actual flexible price is also available; the fixed downstream ex-factory price in Wumeng, Inner Mongolia ranges from 6710-6800 yuan/ton; the mainstream of calcium carbide in Shizuishan, Ningxia Price 6000-6050 yuan/ton; Shaanxi area factory 6300-6500 yuan/ton, the low end is fixed downstream customers equivalent ex-factory price, even higher quotations are heard; Gansu area 6400-6600 yuan/ton, including fixed downstream customers equivalent ex-factory price . The quantity of calcium carbide from PVC enterprises is good, but the amount is not much, the digestion speed is slow, and the purchase price is continuously lowered. At present, the price of calcium carbide for PVC enterprises is: the mainstream receiving price in Shandong is 6630-7200 yuan/ton, some plans are lowered; the receiving price of 300L/KG in Tangshan, Hebei is 6990 yuan/ton; Hebei Julong Chemical is 7015 yuan/ton; the main source of goods in Northeast China is arriving Factory price: 7070 yuan/ton for Hangjin Technology 295L/KG; 7095

When policy risks hit, market sentiment deteriorated as a whole, and chemical products all declined to varying degrees. Among them, the PVC callback rate was the most obvious. Supply is not really relaxed The National Development and Reform Commission has deployed a number of policies and guidelines to increase coal supply, and the resource supply and demand gap has been eased. However, electricity will be given priority to residential electricity. Calcium carbide and PVC are high energy-consuming industries. The situation of electricity and production restrictions is still not optimistic, and the operating rate is difficult to achieve. Significantly improved. There is no sign of relaxation in the dual energy consumption control policy, so although the supply margin has improved, the start of calcium carbide and PVC will still be restricted. Recently, the weak operation of PVC will affect the price of calcium carbide, but the market is expected to stabilize the price while seeking a balance, and the callback rate of calcium carbide is likely to be less than that of PVC. poor demand performance Demand has performed poorly in the process of price decline. Downstream factories are buying up and not buying down. The wait-and-see sentiment is strong. Most of them only maintain just-needed purchases. The superimposed cost weakness will temporarily suppress the rebound in PVC prices. The sharp decline in PVC has eased the downstream pressure. Factory profits will certainly pick up, and start-up expectations will rise. However, overall demand is more elastic than supply, and it has been relatively stable and will not become a major driving force. Go to the library smoothly The market panic has not completely dissipated, spot prices are in the stage of falling, and all parties in the industry chain have no willingness to replenish the inventory. The upper and midstream ar

The mainstream transaction prices in the domestic PVC market continue to decline, the market is not performing well, and the overall regional quotations are chaotic. First of all, from the perspective of upstream PVC factories, the ex-factory price is still lowered by 300-400 yuan/ton, and the ex-factory price of ethylene method is lowered by 500-600 yuan/ton. In the spot market, as the futures market was approaching its limit, traders' bid prices continued to decline within the day, but the falling market could not trigger heavy demand, and the overall transaction was poor and trading was poor. Compared with one-buy-price-point-price sources, the advantages are obvious. Downstream product companies, in response to the current declining market, tend to be cautious and wait-and-see and just need low-price pending orders. Since the national policy to control coal, the continuous bearish sentiment has continued to act on the PVC futures market. The price of calcium carbide has declined since yesterday, and has fallen by USD30-40/ton for two consecutive days. However, compared with the decline of more than 4200 points at the highest point of PVC, the decline of calcium carbide is still relatively small. At present, there is a regional accumulation of calcium carbide due to the impact of transportation. And affected by the weak PVC market, calcium carbide is hard to say in the short term, and its supporting role for PVC is correspondingly weakened. From the perspective of sentiment, in the down phase, sentiment continued to act on the market and appeared excessive, leading to the continuous decline of spot prices and the continuous intervention of hedging to suppress the trend. On the whole, the current supply and demand side has a weak influence on the futures market, and prices cannot return to supply and demand. However, a small destocking can still see that the domestic demand is still in rigid demand. Therefore, the futures mar

The domestic calcium carbide price remained stable today after supplementing the rise yesterday. Although the price of calcium carbide remains stable, according to policy news, electricity prices in some areas are rising, so the cost of calcium carbide is expected to increase. However, due to the impact of some device maintenance and dual control of energy consumption, the start of the device is low, and the supply side is relatively weak before the holiday. Supply recovery is hindered in a short period of time; at present, the downstream demand for PVC and BDO is increasing, the purchase is active, the shipment is smooth, and the market transaction is relatively good. At present, the supply of calcium carbide is still low, and the downstream PVC production is relatively low. However, if the supply of calcium carbide is restored, the PVC production may increase, and the demand for calcium carbide will increase. The price of upstream blue carbon is stable, the market transaction is flat, and the supply in some areas has increased slightly. Therefore, the wait-and-see sentiment of the calcium carbide market is serious. It is expected that the short-term domestic calcium carbide market will focus on high-level shocks, with specific changes focusing on costs, changes in supply and demand, and policy news. We have done chemical products for over 30years. Our main products include PVC RESIN, CPE, TIO2,PE WAX, PARAFFIN WAX, STABILIZER ETC.

The dual control of energy consumption has caused a tight supply of calcium carbide, which has forced PVC companies to reduce their burdens, and their prices are likely to rise but never fall in the short term. Energy consumption "dual-control" superimposed power limit Calcium carbide price hike In mid-August, the National Development and Reform Commission issued the "Barometer of Completion of Energy Consumption Dual Control Targets in Various Regions in the First Half of 2021", pointing out that many provinces and autonomous regions, including Xinjiang and Ningxia, did not complete their energy control targets and required local governments to adopt Effective measures to ensure the completion of the annual "dual control" target, especially the target task of reducing energy consumption intensity. Not only that, the domestic power supply has been tight recently, and some regions have begun to restrict power supply to enterprises with higher energy consumption. Under the combined effect of "dual control" and power curtailment, the national daily output of calcium carbide has been reduced by more than 5,000 tons. As of September 24, the arrival price of calcium carbide in East China reached 6,450 yuan/ton, an increase of 12.66% in the past half month. The price of calcium carbide has risen, and the center of gravity of PVC costs has risen. At present, the production cost of calcium carbide PVC enterprises is around 9,500 yuan/ton, and the cost of some enterprises even exceeds 10,000 yuan. Cost increase is the most fundamental reason for this round of PVC prices soaring. Due to the tight supply of calcium carbide, even if the production profit is still acceptable, the calcium carbide method enterprises will passively reduce the burden due to insufficient raw materials. As of September 24, the average operating load of PVC enterprises was 71.12%, a decrease of 0.57 percentage points fro

There are not many recent maintenance plans for PVC manufacturers, but some of them are still affected by power shortages or calcium carbide supply. The starting load is still low; the downstream has not yet completely got rid of the seasonal off-season. At present, downstream terminal enterprises just need no significant increase in demand. At present, the spot inventory in the market is still hovering at a low level. In addition, the export arbitrage window has been opened. It is expected that the overall supply from August to September will hardly see obvious easing. It is reported that in the early stage, the installations of Shin-Etsu and West Lake in the United States experienced abnormal production due to lightning strikes, and the volume of exports to Asia decreased. In addition, Formosa Plastics arranged a total of 10 plant inspections in the third quarter. It is expected that the overall PVC market supply in the short term will not be significantly loose. At the beginning of this month, my country's PVC export arbitrage window began to gradually open. Some domestic PVC manufacturers have increased their export orders, and most of them will be delivered from August to October. The increase in export volume may keep domestic spot sources relatively tight for a long time. PVC fundamentals are expected to be relatively strong from August to September, and prices may fluctuate at high levels In terms of supply, although there are not many PVC companies that plan to overhaul in the future, the production capacity involved is relatively large. In addition, the insufficient supply of calcium carbide and the limited production of their own installations may still limit the subsequent increase in the start-up load of PVC manufacturers. PVC spot inventories are still hovering at a low level recently. Spots in some regions are relatively tight. The accumulated inventory from July to August is not as expected. As downstr

According to PVC valuation, domestic prices of calcium carbide PVC and ethylene PVC continued to rise this week. Calcium carbide method PVC: Domestic PVC manufacturers have good shipments and low inventories. In addition, PVC futures continue to rise, which is positive for the spot market. Merchants offer continuous increases. Ethylene-based PVC: The domestic ethylene-based PVC was supported by market shortages and strong external prices, and prices rose further. It is expected that next week, the PVC market will report a high inventory and fall back. Favorable: PVC manufacturers still mainly pre-sale, and there is no short-term shipping pressure; international PVC supply is still tight, and external prices continue to rise, which is good for the domestic market; PVC social inventory and corporate inventory are still low, and the market supply is tight; raw materials The price of calcium carbide continues to rise, and the cost support is good. Negative: As the price of PVC continues to rise, downstream product companies have been poorly receiving goods under the influence of low profit margins, which is obviously in conflict with the current high prices, and downstream companies in some regions have stopped working. In addition, PVC futures have fallen so far, and there is still a possibility of further decline in the later period. Therefore, it is expected that the PVC market will report a high level of inventory next week and fall back. We have done chemical products for over 30years. Our main products include PVC RESIN, CPE, TIO2,PE WAX, PARAFFIN WAX, STABILIZER ETC.

Polyethylene wax (PE wax), also known as polymer wax, abbreviated as polyethylene wax. Due to its excellent cold resistance, heat resistance, chemical resistance, and wear resistance, it has been widely used. In normal production, this wax can be directly added to polyolefin processing as an additive, which can increase the gloss and processing performance of the product. As a lubricant, it has stable chemical properties and good electrical properties. Polyethylene wax has good compatibility with polyethylene, polypropylene, polyvinyl acetate, ethylene propylene rubber, and butyl rubber. It can improve the flowability of polyethylene, polypropylene, and ABS, as well as the demolding ability of polymethyl methacrylate and polycarbonate. Compared to other external lubricants, polyethylene wax has a stronger internal lubrication effect on PVC. The lubricant used in plastic processing is to improve the fluidity and mold release of plastics, especially thermoplastics, during processing and molding.The viscosity of polyethylene wax is much lower than that of plastic solution, which can be used as a modifier of plastic solution index. PE wax can reduce the friction between the plastic material and the machinery and the molecules inside the plastic material during processing, Thereby it improves the processing performance of the plastic and the performance of the products.Due to excellent dispersing performance, pe wax can coat disperse pigments and fillers well to improve product performance.

Due to the small investment in equipment for producing CPE, many small and simple CPE production plants are already dotted in China. This not only causes pollution of the ecological environment, but also is one of the important reasons for the instability of CPE quality. At present, a large number of inferior CPE have appeared on the market. There are two kinds of inferior CPE. One is caused by the fact that some production plants do not have technical conditions and the chlorination process is backward. The other is caused by blending a certain amount of calcium carbonate or talcum powder in CPE for unfair competition. In the processing of PVC, these inferior CPE are used as modifiers for PVC processing. In order to achieve the purpose of impact resistance and toughening of PVC products, the amount of CPE will inevitably increase, which will inevitably lead to an increase in plasticizing t

The mature lubrication system should be beneficial to reduce the viscosity of the high temperature polyvinyl chloride melt, improve the fluidity of the material, and reduce the friction between the material and the equipment,and facilitate the processing of the pipe material.On the other hand, excessive lubricant should be avoided to delay the plasticization of the material, and low the degree of plasticization. Different PVC resin, fillers,stabilizers and lubricants are used in PVC pipe in different production plants.In addition, the difference in pipe specifications, the difference between the extruder and the extrusion die also requires the lubricant to make an appropriate amount of adjustment. The amount of lubricant should follow the following principles: 1.The internal lubricant should be increased appropriately if pvc resin powder has high degree of polymerization. 2.When using a composite stabilizer containing a lubricating component, the lubricant should be appropriately reduced. 3.Internal and external lubrication in the formulation should be balanced to avoid processing difficulties. 4.If pvc resin powder is poor stability, the number of stabilizers should increases and the lubricant should be appropriately reduced. 5.When adding more filler, the lubricant should be increased appropriately. 6.When the processing temperature is high and the polymer is easily bonded to the processing equipment,the lubricant should be appropriately increased. 7.When using larger processing equipment, the surface of the polymer bond will increase and the lubricant should increase. 8.Excessive lubricant will reduce the plasticization of the material and weaken the mechanical properties of the pipe.

This week, the domestic PVC market first fell and then rose. The overall price is shifted slightly, and the downstream bargained for appropriate replenishment. This week, the spot fundamentals of the PVC market did not change much. The downstream demand was general, and the just-needed purchase continued. The upstream quotations and real orders were loosened, and the orders were received at a profit. The supply and demand support was general. Forecast: The current supply and demand of the PVC market has not changed much. There will be no new maintenance companies next week, and the PVC industry will resume to a high level. The demand will not be tepid, and there will be no significant improvement in the short term. From a purely fundamental perspective, PVC support Neutral is slightly weaker, but there is no obvious contradiction. The recent strict prevention and control in Xinjiang has caused participants to worry that shipments may be affected in the later period. Market speculation still exists, and they are concerned about the trend of Sino-US relations and social inventory changes in the later period. It is expected that the PVC market will fluctuate within a narrow range next week, and the overall price center of gravity may move upward. We have done chemical products for over 30years. Our main products include PVC RESIN, CPE, TIO2,PE WAX, PARAFFIN WAX, STABILIZER ETC.