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SunSirs: The Price of Calcium Carbide in the Northwest Fell 7.00% This Week (August 13-19)

August 23 2022 10:45:41     SunSirs (John)

Price trend

As can be seen from the above figure, the ex-factory price of calcium carbide in the northwest region fell slightly this week. This week, the average ex-factory price of calcium carbide among mainstream manufacturers of calcium carbide in Northwest China dropped from 4,050 RMB/ton last weekend to 3,766.67 RMB/ton this weekend, a decrease of 7.00% and a year-on-year decrease of 28.48%.

On August 21, the calcium carbide commodity index was 98.69, the same as previous day, down 53.50% from the highest point in the cycle (212.23 points) (2021-10-26), and up 77.85% from the lowest point of 55.49 points on March 14, 2016. (Note: The cycle refers to 2011-09-01 to the present)

Analysis review

Judging from the quotations of manufacturers, the ex-factory price of calcium carbide in the northwest region fell slightly this week: the price of calcium carbide in Ovigan this weekend was 3,900 RMB/ton, compared with last weekend, the price dropped by 200 RMB/ton; the price of calcium carbide in Inner Mongolia Zhonglian this weekend was 3,600 RMB/ton, compared with last weekend, the quotation fell by 450 RMB/ton; Ningxia Xingping plant was overhauled.

The upstream semi-coke market was temporarily stable. Downstream PVC market prices fell slightly. This week, the PVC market price fell from 6,570.00 RMB/ton at the end of last week to 6,325.00 RMB/ton this weekend, a decrease of 3.73%, and a decrease of 31.71% compared with the same period last year. The PVC market price fell slightly, downstream customers were less enthusiastic about calcium carbide purchases, and the downstream PVC market had a negative impact on calcium carbide prices.

Market outlook

In late August, the calcium carbide market may fluctuate downward within a narrow range. The price of raw material blue carbon is running weakly, the cost support of calcium carbide is weakened, the downstream PVC market has fallen slightly, the downstream demand has weakened, and the driving force for calcium carbide to rise is insufficient. In late August, the price of calcium carbide in the northwest region may fluctuate downward within a narrow range.

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