According to the Commodity Analysis System of the Business Society, the factory price of calcium carbide in the northwest region fluctuated and increased in May. The price of calcium carbide increased from 2983.33 yuan/ton at the beginning of the month to 3150.00 yuan/ton at the end of the month, an increase of 5.59%. At the end of the month, prices fell by 28.86% year-on-year.
From the supply side perspective, the factory prices of mainstream calcium carbide manufacturers in the northwest region increased slightly in May. Overall, the price of calcium carbide slightly increased in May. Some calcium carbide manufacturers are parking for maintenance, and the market supply and circulation of goods are relatively tight.
Cost side: Low price consolidation of blue charcoal
In May, the upstream price of calcium carbide remained stable, and there are still expectations of a downward trend in the short term. The cost support for calcium carbide is average.
Demand side: PVC market price continues to decline
In May, the PVC market price at the downstream of calcium carbide continued to fall in shock. The PVC market price fell from 5925.00 yuan/ton at the beginning of the month to 5544.00 yuan/ton at the end of the month, a decline of 6.43%. The price at the end of the month decreased by 34.51% year-on-year. The PVC spot market continued to be weak, and the futures market performed poorly. The overall market atmosphere is relatively empty, with insufficient confidence on the market. But there is an upward trend at the end of the month.
Looking at the future market: In mid to early June, the calcium carbide market may slightly increase, with consolidation being the main focus. The prices of upstream raw materials such as blue charcoal have stabilized at a low level, while the cost support for calcium carbide is average. Some calcium carbide enterprises are in a tight supply of goods due to parking and maintenance. The downstream PVC market has an upward trend at the end of the month, and downstream demand has increased. In the future, it is predicted that the price of calcium carbide in the northwest region may fluctuate slightly in mid to early June, with consolidation being the main focus.