Trend Analysis of calcium carbide in this week(08-12/July-2019)
According to the price monitoring of business associations, the price of calcium carbide manufactured in Northwest China rose this week. This week, the average price quoted by mainstream carbide manufacturers rose from 2925.00 yuan/ton at the beginning of the week to 3000.00 yuan/ton at the end of the week, up 75.00 yuan/ton, up 2.56%, up 3.01% over the same period last year. Overall, the market of calcium carbide rose this week, with the carbide commodity index of 78.60 on July 12.
II. Trend Analysis
(1) Products:
This week, the price of calcium carbide in Northwest China increased: Qinghai Saikant's offer for calcium carbide at weekend was 3000 yuan/ton, which was 150 yuan/ton higher than that at the beginning of the week; Ovidiang's offer for calcium carbide at weekend was 3050 yuan/ton higher than that at the beginning of the week; Shaanxi coal industry's offer for calcium carbide at weekend was 2950 yuan/ton, which was temporarily stable; Montenegro-China Federation quoted 3000 yuan/ton for calcium carbide over the weekend, and the quotation was stable for the time being.
This weekend, the actual transaction price of calcium carbide in Northwest China is about 2900-3000 yuan/ton: the mainstream transaction price of calcium carbide in Shaanxi is about 2900 yuan/ton; the mainstream transaction price of calcium carbide in Qinghai is about 3000 yuan/ton; the mainstream transaction price of calcium carbide in Inner Mongolia is about 3000 yuan/ton, and the actual transaction price is mainly negotiated.
(2) Industrial chain:
Upstream Raw Material Market: The quotation for coke ex-factory this week is tentatively stable, at 1 746.67 yuan/ton, down 17.80% from the same period last year. The upstream raw material price is low and consolidated, which is affected by supply and demand, and has a positive impact on the market of calcium carbide.
Downstream market: PVC ex-factory prices rose slightly this week. The price of PVC rose from 6775.00 yuan/ton at the beginning of the week to 6790.00 yuan/ton at the end of the week, up 25.00 yuan/ton, up 0.22%, down 0.15% from the same period last year. Downstream customers have increased their enthusiasm for calcium carbide procurement and increased demand for calcium carbide, which has a positive impact on the market of calcium carbide.
3. Future Market Forecast
After the adjustment in June, the capital reflux of each factory is in good condition, the equipment has been repaired and the production capacity has increased. The low price of raw materials in the upstream has a positive impact on calcium carbide, and the downstream PVC market has an upward trend. Customers'enthusiasm for the purchase of calcium carbide has also increased, and the demand for calcium carbide has increased. Future market forecast that the price of calcium carbide in the northwest region will rise in mid-July, but the increase is not large, and the ex-factory price may be maintained at around 3050 yuan/ton.
