Price trend

According to the Commodity Market Analysis System of SunSirs, the ex factory prices of calcium carbide in the northwest region temporarily stabilized this week. The average ex factory price of mainstream calcium carbide manufacturers in northwest China this week was 3,083.33 RMB/ton. The price decreased by 26.88% year-on-year.

On April 9th, the calcium carbide commodity index was 80.79 points, unchanged from the previous day, a decrease of 61.93% from the cycle's highest point of 212.23 points (2021-10-26), and an increase of 45.59% from the lowest point of 55.49 points on March 14th, 2016. (Note: The cycle refers to the period from September 1st, 2011 to the present)

Upstream support increased, downstream demand weakened

From the supply side perspective, the ex factory prices of calcium carbide in the northwest region were temporarily stable this week, and the inventory level of manufacturers was average: The price of calcium carbide of OVA Energy this weekend was 3,100 RMB/ton, which was temporarily stable compared to last weekend; The price of calcium carbide of Inner Mongolia Zhonglian this weekend was 3,050 RMB/ton, which was temporarily stable compared to last weekend; The price of calcium carbide of Xingping, Ningxia this weekend was 3,100 RMB/ton, and compared to last weekend, the quotation was temporarily stable.

The upstream semi-coke market fluctuated slightly, while the downstream PVC market price fell slightly. This weekend, the price of Shenmu semi-coke was around 1,250-1,400 RMB/ton, an increase of about 20 RMB/ton compared to last weekend, cost support increased. The PVC market price this week dropped from 6,096.67 RMB/ton at the beginning of the week to 6,066.67 RMB/ton at the end of the week, a decrease of 0.49%. Compared to the same period last year, it was decreased by 32.74%. The PVC market price fell slightly in shock, and downstream customers' enthusiasm for calcium carbide procurement weakened. The downstream PVC market had a negative impact on the price of calcium carbide.

Market outlook

In mid to late April, the calcium carbide market may experience narrow fluctuations and decline. Although the price of raw material semi-coke had fluctuated and rose slightly, and cost support increased, the downstream PVC market was weak and there was insufficient demand in the downstream. In mid to late April, the price of calcium carbide in the northwest region may fluctuate and decline in a narrow range, with consolidation being the main trend.

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