SunSirs: Northwest Calcium Carbide Prices Fell 0.89% This Week (September 3-9)

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 3,733.33 RMB/ton at the end of last week to 3,700.00 RMB/ton at the end of this week, a decrease of 0.89%, and a decrease of 31.69% compared with the same period last year.

On September 12, the calcium carbide commodity index was 96.94, the same as previous day, down 54.32% from the highest point in the cycle (212.23 points (2021-10-26)), and up 74.70% 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 3,700 RMB/ton, compared with last weekend, the quotation was temporarily stable; the price of calcium carbide in Inner Mongolia Zhonglian this weekend was 3,700 RMB/ton, compared with last weekend, the quotation fell by 100 RMB/ton; The installation in Ningxia Xingping was under maintenance.

The upstream semi-coke market fluctuated within a narrow range, and the downstream PVC market price rose slightly. This week, the PVC market price rose from 6,447.14 RMB/ton last weekend to 6,504.29 RMB/ton this weekend, an increase of 0.89% and a year-on-year decrease of 33.37%. The market price of PVC rose slightly, downstream customers were generally enthusiastic about the purchase of calcium carbide, and the downstream PVC market had a negative impact on the price of calcium carbide.

Market outlook

In mid-September, the calcium carbide market may fluctuate down within a narrow range. The price of raw material semi-coke is weak, the cost support of calcium carbide is weakened, the downstream PVC market fluctuates in a narrow range, the downstream demand is general, and the driving force for calcium carbide to rise is insufficient. In mid-September, the price of calcium carbide in the northwest region may fluctuate downward within a narrow range.

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