As can be seen from the above figure, the ex factory price of calcium carbide in northwest China rose slightly this week. This week, the average ex factory price of calcium carbide of mainstream calcium carbide manufacturers in northwest China rose from 3,700.00 RMB/ton at last weekend to 3,800.00 RMB/ton at the weekend, an increase of 2.70% and a year-on-year drop of 27.39%.
On December 4, the carbide commodity index was 99.56, unchanged from the previous day, down 53.09% from the peak of 212.23 (2021-10-26) in the cycle, and up 79.42% from the lowest point of 55.49 on March 14, 2016. (Note: Period refers to 2011-09-01 to now)
Upstream support Weakened and downstream demand increased
From the manufacturer's quotation, the ex factory price of calcium carbide in northwest China rose slightly this week: the price of calcium carbide in Aoveganeng this weekend was 3,800 RMB/ton, up 100 RMB/ton compared with last weekend; The price of calcium carbide of Inner Mongolia Zoomlion this weekend was 3,800 RMB/ton, which was 100 RMB/ton higher than that of last weekend; The price of calcium carbide in Xingping, Ningxia, this weekend was 3,800 RMB/ton, up 100 RMB/ton compared with last weekend.
The price of the upstream semicoke market fell slightly, while the price of the downstream PVC market rose slightly. The price of Shenmulan semicoke this weekend was about 1,450-1,560 RMB/ton, a drop of 180-190 RMB/ton compared with last weekend, and the cost support was weakened. The PVC market price this week rose from 5,995.71 RMB/ton at last weekend to 6,008.57 RMB/ton at the weekend, up 0.21%. A year-on-year decrease of 33.61%. The PVC market price rose slightly. Downstream customers' enthusiasm for calcium carbide procurement increased. Downstream PVC market had a positive impact on calcium carbide price.
In early and middle of December, the calcium carbide market may fluctuate and fall in a narrow range. The price of raw material blue charcoal fell slightly, the cost support of calcium carbide was insufficient, and the downstream PVC market rose in a narrow range, with common downstream demand. In mid to late December, calcium carbide prices in northwest China may fluctuate and fall all in a narrow range.
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