Recent price trends of calcium carbide

According to the Commodity Market Analysis System of the Business Society, the ex factory prices of calcium carbide in the northwest region have temporarily stabilized this week. The average ex factory price of mainstream calcium carbide manufacturers in northwest China this week is 3083.33 yuan/ton. Weekend prices have decreased by 25.40% year-on-year compared to the same period last year. On April 16, the calcium carbide commodity index was 80.79, unchanged from yesterday, a decrease of 61.93% from the cycle’s highest point of 212.23 points (2021-10-26), and an increase of 45.59% from the lowest point of 55.49 points on March 14, 2016. (Note: The cycle refers to the period from September 1st, 2011 to the present)

Upstream support is average, while downstream demand weakens

From the supply side perspective, the ex factory prices of calcium carbide in the northwest region have temporarily stabilized this week, and the manufacturer’s inventory is average.

The upstream semicarbon market maintained stable operation, and the downstream PVC market price fell slightly. This weekend, the price of Shenmulan charcoal is around 1250-1400 yuan/ton, and the price is temporarily stable. The PVC market price this week dropped from 6066.67 yuan/ton at the beginning of the week to 5994.00 yuan/ton at the end of the week, a decrease of 1.20%. Compared to the same period last year, it decreased by 33.18% year-on-year. The PVC market price fell slightly, and downstream customers’ enthusiasm for calcium carbide procurement weakened. The downstream PVC market had a negative impact on the price of calcium carbide.

Calcium carbide may fluctuate and decline in the aftermarket

In late April, the calcium carbide market may experience a narrow range of fluctuations and declines. The price of raw material blue charcoal remains stable and the cost support is average. The downstream PVC market has been weak and there is insufficient downstream demand. In late April, the price of calcium carbide in the northwest region may fluctuate and decline in a narrow range, with consolidation being the main trend.