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Weekly dynamic fluctuations in cable material

2 years ago 1442 0 News

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The cable materials (PVC) upstream market dynamics

Calcium Carbide Market Dynamics

Calcium carbide prices were mixed this week, mainly in the flexibility to adjust according to the arrival of calcium carbide PVC plant status, remaining overall prices remain stable. 

Around the calcium carbide PVC business remained uneven arrival, arrival and slightly nervous enough coexisted, companies consider the current PVC market weakness, but the Spring Festival approaching and the need to accumulate the necessary inventory and unloading to be, so the price change dilemma, not hastily adjusted prices. 

Calcium carbide enterprises operating little change, shipping companies are relatively smooth, but difficult to achieve high factory again, the overall center of gravity to maintain the correction.

Ethylene Market Dynamics

After this week, Asian ethylene fell steadily, CFR Northeast Asia to close at 974.5-986.5 US dollars/ton, CFR South East Asia to close at $ 984.5-986.5 / t. Market players continue to wait and see the international crude oil futures market, buyers and sellers caution, and the market trading atmosphere light. 

Dropping the crude oil industry aggravated fears, European ethylene supply is expected to arrive in February, which will play a moderating role in tight supply, downstream end users also very limited ability to accept high prices for ethylene, and on the whole difficult to support the stock market.

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