Repair of PVC external supply still needs to wait

The average price of ethylene in Northeast Asia is 890 US dollars per ton, up 35 US dollars per ton; the average price of ethylene in Southeast Asia is 865 US dollars per ton, up 35 US dollars per ton.

The domestic calcium carbide market has a strong rising atmosphere. The trade price of Wuhai area has risen to 3400 yuan / ton, the shipment is smooth, the inventory position is stable, and it is planned to continue to increase by 100 yuan / ton. Shaanxi, Shanxi and Henan regions received goods with rising prices and active procurement. The downstream PVC rose rapidly, driving the rising atmosphere of calcium carbide market. It is expected that the regional market rise will continue.

The weather in Texas is recovering rapidly, and residents' daily life and power are recovering. However, as a large power consumer, the petrochemical industry needs to recover power to a certain extent and stabilize before it can be restarted. In the cold winter, relevant petrochemical plants need to be inspected and restored. So far, no enterprise has confirmed that it has a plan to resume work. It is expected that the impact from the 14th will last for two weeks, or will continue for several weeks .

The production of us petrochemical industry is interrupted, some orders of raw materials exported to Asia cannot be delivered and the pre-sale volume will be reduced. The raw materials exported to Mexico and other South American units are expected to be affected, which will cause force majeure. Another data shows that due to the shutdown of several olefin, chlor alkali, EDC and vinyl chloride units in the domestic petrochemical industry in the United States, the downstream PVC units caused by raw materials may also have force majeure, which mainly consumes the existing inventory in the short term. The specific impact is still under evaluation, too fast and too high price buyer resistance increased. Another good market, domestic and foreign manufacturers overhaul plan or will be delayed for a few weeks.