Raw material analysis of Polyvinyl Alcohol (PVA) Aug 12, 2020
Vinyl acetate: The domestic vinyl acetate market remained stable.
The mainstream quotations in North China are around 5500-5600 yuan/ton, the mainstream quotations in East China are around 5450-5500 yuan/ton, and in South China is around 5600-5700 yuan/ton for reference.
The raw material ethylene market reduced, price of acetic acid weak, price of calcium carbide has risen, and the calcium carbide method is still at a loss. Vinyl acetate market is expected to operate stably in the future.
Calcium carbide: The market price of calcium carbide continues to increase this week. The average ex-factory price of calcium carbide in the main producing areas was 2650 yuan/ton, a weekly increase of 6.08%. The price in Inner Mongolia increased to around RMB 2600/ton. The average price of downstream companies in North China was RMB 2750/ton, an increase of 5.97% from the previous month.
The price increase of calcium carbide this week has accelerated compared with last week. The current ex-factory price in Wuhai area has risen to 2650 yuan/ton.
The shipment were smooth, but due to the high temperature in summer, the operation of calcium carbide production was unstable and the spot inventory was low.
The downstream PVC production started at a high level, but the supply of calcium carbide was generally tight. At present, the maintenance arrangements for PVC manufacturers are relatively scattered. The one that has a greater impact on the market is the overhaul of the 125-ton equipment in Beiyuan, Shaanxi. It is planned to be carried out on August 12, which will relieve the tight supply situation to a certain extent. It is expected that calcium carbide prices may continue to rise next week.