This week, the price of calcium carbide increased by 0.56% (12.18-12.24)

Recent price trends of calcium carbide

 

Melamine

According to the Commodity Market Analysis System of Business Society, the ex factory price of calcium carbide in the northwest region has slightly increased this week. This week, the average ex factory price of mainstream calcium carbide manufacturers in Northwest China increased from 2966.67 yuan/ton at the beginning of the week to 2983.33 yuan/ton over the weekend, an increase of 0.56%, and the weekend price decreased by 19.73% year-on-year. On December 24th, the calcium carbide commodity index was 78.17, unchanged from yesterday, a decrease of 63.17% from the highest point in the cycle of 212.23 points (2021-10-26), and an increase of 40.87% from the lowest point of 55.49 points on March 14th, 2016. (Note: The cycle refers to the period from September 1st, 2011 to present)

 

Upstream support is average, while downstream demand increases

 

From the supply side perspective, the ex factory prices of calcium carbide in the northwest region have slightly increased this week, and the inventory levels of manufacturers are average.

 

EDTA

The upstream blue charcoal market is consolidating at a low level, while the downstream PVC market prices have slightly increased. This weekend, the price of Shenmulan charcoal medium material is around 1160 yuan/ton, and the price is temporarily stable, with average cost support. The PVC market price has slightly increased this week, rising from 5698.00 yuan/ton at the beginning of the week to 5702.00 yuan/ton at the end of the week, an increase of 0.07%. Weekend prices fell by 6.78% year-on-year. The PVC market price has slightly increased, and downstream customers have increased their enthusiasm for purchasing calcium carbide. The downstream PVC market has a positive impact on the price of calcium carbide.

 

Calcium carbide may experience a volatile decline in the future market

 

In late December, the calcium carbide market may experience narrow fluctuations and mainly rise. The downstream PVC market has slightly increased, downstream demand has increased, raw material blue charcoal prices have stabilized at a low level, and cost support is average. Due to weather conditions, transportation in the north is slow and market circulation is tight. In the future, it is expected that the price of calcium carbide in the northwest region will fluctuate narrowly and rise in late December, with consolidation being the main trend.

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