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 2,983.33 RMB/ton. Weekend prices fell 26.64% year-on-year.

On May 7th, the calcium carbide commodity index was 78.17 points, unchanged from the previous day, a decrease of 63.17% from the cycle's highest point of 212.23 points (2021-10-26), and an increase of 40.87% 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)

Insufficient upstream support and weakened downstream demand

From the supply side perspective, the ex factory prices of calcium carbide in the northwest region temporarily stabilized this week, and the manufacturer's inventory was average. The price of calcium carbide in Oviga Coke Chemical this weekend was 3,000 RMB/ton, which was temporarily stable compared to last weekend; The price of calcium carbide for Inner Mongolia Zhonglian this weekend was 2,950 RMB/ton, which was temporarily stable compared to last weekend; The price of calcium carbide in Xingping, Ningxia this weekend was 3,000 RMB/ton, and compared to last weekend, the quotation was temporarily stable.

The price of the upstream semi-coke market was consolidated at a low level, while the price of the downstream PVC market fell slightly. This weekend, the price of Shenmu semi-coke was around 1,350 RMB/ton, and the price was temporarily stable. The PVC market price this week dropped from 5,925.00 RMB/ton at the beginning of the week to 5,868.33 RMB/ton at the end of the week, a decrease of 0.96%. Weekend prices fell 32.93% year-on-year. 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 early May, the calcium carbide market may experience a narrow range of fluctuations and declines. The price of raw material semi-coke stabilized at a low level, with average cost support. The downstream PVC market slightly declined, and downstream demand was insufficient. In mid to early May, 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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