Price trend

According to the Commodity Market Analysis System of SunSirs, the factory price of calcium carbide in the northwest region slightly increased this week. This week, the average ex factory price of mainstream calcium carbide manufacturers in northwest China increased from 2,866.67 RMB/ton at the beginning of the week to 2,950.00 RMB/ton at the weekend, an increase of 2.91%. Weekend prices fell by 23.04% year-on-year.

On July 16, the calcium carbide commodity index was 77.29 points, unchanged from the previous day, a decrease of 63.58% from the cycle's highest point of 212.23 points (2021-10-26), and an increase of 39.29% from the lowest point of 55.49 points on March 14, 2016. (Note: The cycle refers to the period from September 1st, 2011 to the present)

Upstream support was average, while downstream demand increased

From the supply side perspective, the factory price of calcium carbide in the northwest region slightly increased this week, and the inventory of manufacturers was average. The Ovega calcium carbide device was still under maintenance and was expected to start construction in mid July; The price of calcium carbide in Inner Mongolia Zhonglian this weekend was 2,950 RMB/ton, an increase of 100 RMB/ton compared to the beginning of the week; The price of calcium carbide in Xingping, Ningxia this weekend was 2,950 RMB/ton, an increase of 100 RMB/ton compared to the beginning of the week.

The upstream semi-coke market had stabilized at a low level, while the downstream PVC market prices had slightly fluctuated and increased. This weekend, the price of Shenmu semi-coke was around 1,020 RMB/ton, and the price was temporarily stable, with average cost support. This week, the PVC market price increased from 5,498.33 RMB/ton at the beginning of the week to 5,615.00 RMB/ton at the weekend, an increase of 2.12%. Weekend prices fell by 13.60% year-on-year. The PVC market price had fluctuated slightly, leading to an increase in downstream customers' enthusiasm for purchasing calcium carbide. The downstream PVC market had a positive impact on the price of calcium carbide.

Market outlook

In late July, the calcium carbide market may experience a narrow range of fluctuations and rises. The price of raw material semi-coke stabilized at a low level, with average cost support. The downstream PVC market had slightly increased, and downstream demand had increased. It is expected that the price of calcium carbide in the northwest region will fluctuate and rise in a narrow range in late July, with consolidation being the main focus.

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