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SunSirs: The Price of Calcium Carbide in Northwest China Rose Slightly This Week(May 18-22)
May 26 2020 14:10:01SunSirs(John)

Price trend

According to the data monitoring of SunSirs, the ex factory price of calcium carbide in Northwest China rose slightly this week. This week, the average ex factory price of mainstream carbide manufacturers increased from 2,443.33 RMB/ton at the beginning of the week to 2,460.00 RMB/ton at the end of the week, up 0.68%, down 9.45% year-on-year from the same period last year. Overall, carbide rose this week, with the carbide commodity index at 64.45 on May 22.

 

Analysis review   

Product: The factory price of calcium carbide in Northwest China rose slightly this week: the price of calcium carbide provided by Aoweijian this week was 2,500 RMB/ton, compared with the beginning of the week, the price was temporarily stable; the price of calcium carbide from Shaanxi Coal Industry this weekend was 2,400 RMB/ton, compared with the beginning of the week, the price has increased by 50 RMB/ton; Inner Mongolia Zhonglian's calcium carbide price this week was 2,330 RMB/ton, compared with the beginning of the week, the price was temporarily stable; Ningxia Xingping's calcium carbide price this weekend was 2,550 RMB/ton, compared with the beginning of the week, the price rose by 50 RMB/ton.

At the end of this week, the actual transaction price of calcium carbide in the northwest region was about 2,300-2,600 RMB/ton: the mainstream transaction price of calcium carbide in Shaanxi was about 2,450 RMB/ton; the mainstream transaction price of calcium carbide in Ningxia was about 2,500 RMB/ton; the mainstream transaction price of calcium carbide in Inner Mongolia was around 2,300 RMB/ton, and the actual transaction price was mainly negotiated.

Industry chain: Upstream raw material market: This week's ex-factory quotation of blue charcoal was temporarily stable. The price for small materials was 500 RMB/ton, the price for medium materials was 520 RMB/ton, and the price for large materials was 600 RMB/ton. Upstream raw material prices were consolidating at a low level, and cost support was not strong enough, which had a negative impact on calcium carbide prices.

Downstream market: PVC factory prices rose slightly this week. The price of pvc rose from 5830.00 RMB/ton at the beginning of the week to 6025.00 RMB/ton at the weekend, an increase of 3.34%, a year-on-year decrease of 13.93%. This week, PVC prices have risen, market prices have started to rise, and downstream has a higher enthusiasm for calcium carbide purchases. Overall, this week's PVC market has a positive impact on calcium carbide prices.

 

Market outlook

In late May, the calcium carbide market fluctuated slightly. The price of upstream raw materials has been consolidated at a low level, and the cost support is not strong enough, but the downstream PVC market has started to rise, and downstream customers have a higher enthusiasm for calcium carbide purchases. It is predicted that the price of calcium carbide in Northwest China will rise slightly in late May.

 

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