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SunSirs: Northwest Calcium Carbide Prices Fell 2.25% This Week (September 10-16)

September 20 2022 10:33:43     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 3,700.00 RMB/ton at the end of last week to 3,616.67 RMB/ton this weekend, a decrease of 2.25%, and a decrease of 33.64% over the same period last year.

On September 18, the calcium carbide commodity index was 94.76, the same as previous day, down 55.35% from the highest point in the cycle (212.23 points) (2021-10-26), and up 70.77% 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 3,550 RMB/ton, compared with last weekend, the quotation fell by 150 RMB/ton; Ningxia Xingping plant maintenance. The installation in Ningxia Xingping was being overhauled.

The upstream semi-coke market fluctuated within a narrow range, and the downstream PVC market price fell slightly. This week, the PVC market price fell from 6,504.29 RMB/ton at the end of last week to 6,471.43 RMB/ton at the end of this week, a decrease of 0.51%, and a decrease of 35.29% compared with the same period last year. The price of PVC in the market fell 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 late September, the calcium carbide market may fluctuate downward 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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