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Wanshang TV’s morning update on the chlor-alkali market, July 26

2017-07-26View Original

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The domestic chlor-alkali market remains strong. The PVC futures market rose slightly again, while the spot market saw prices increase supported by supply factors. The caustic soda market remains stagnant at high levels, with prices of liquid and flake caustic soda both rising in Shandong region. It is expected that the price of chlor-alkali products will remain stable at high levels in the coming period, with no possibility of a decline in the short term. PVC Morning Update: The trading atmosphere in the domestic PVC market was favorable yesterday. The PVC futures market remains in a pattern of consolidation at high levels, while the transaction prices in the spot market are rising, with an ongoing decrease in supplies at low prices. Type 5 ordinary calcium carbide material: the prevailing price in South China is 6,880–6,940 yuan per ton, for pick-up in place ; The prevailing price in East China is 6,850–6,930 yuan per ton for pick-up ; The mainstream price in Shandong is 6,700–6,760 yuan per ton delivered, while in Hebei it is 6,690–6,740 yuan per ton delivered. Fundamentally, manufacturers supply most of their goods to pre-orders placed in the earlier stages. Shaanxi Beiyuan is operating at full capacity and has not yet provided quotes; due to some maintenance work at Zhongtai and Junzheng, as well as a slight reduction in capacity at Jinyuyuan and Yinglite, the supply of goods in the market has become tighter, resulting in strong support from the supply side. Demand at the downstream end remains strong, with purchases made as needed; it is expected that PVC prices will fluctuate within a narrow range in the coming period, with limited room for price changes.    Early morning update on caustic soda: Prices in the domestic caustic soda market rose slightly yesterday. Prices of high-concentration liquid caustic in Shandong region have seen a slight increase, while prices in other regions remain stable; overall transaction activity is moderate. The market price for mainstream 32% ion-exchange membrane caustic in North China is 850–1,000 yuan per ton. Regarding caustic soda: market prices remain strong, with quotes in the Shandong region continuing to rise, while transaction activity is relatively calm. The market price of 99% caustic soda in North China is 4,000–4,200 yuan per ton. Market fundamentals show limited changes, and caustic soda is expected to remain at high levels in the short term. (Wanshangtai cp.wst.net has high-quality caustic soda and additive resources available; please contact Mr. Liang at 18922718325.)

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