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. This week, the average ex factory price of mainstream calcium carbide manufacturers in northwest China was 2900.00 yuan/ton, and the weekend price fell by 21.27% year-on-year. On November 19, the calcium carbide commodity index was 75.98, unchanged from yesterday, a decrease of 64.20% from the cycle’s highest point of 212.23 points (2021-10-26), and an increase of 36.93% 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)

Insufficient upstream support and weakened downstream demand

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 blue charcoal market has stabilized at a low level, while the downstream PVC market prices have slightly declined. This weekend, the price of Shenmulan charcoal intermediate was around 1230-1300 yuan/ton, with a slight decrease in price and weakened cost support. The PVC market price slightly decreased this week, dropping from 5856.00 yuan/ton at the beginning of the week to 5832.00 yuan/ton at the end of the week, a decrease of 0.41%. Weekend prices fell by 3.17% year-on-year. The PVC market price has slightly declined, and downstream customers’ enthusiasm for purchasing calcium carbide has weakened. The downstream PVC market has a negative impact on the price of calcium carbide.

Calcium carbide may fluctuate and decline in the aftermarket

In late November, the calcium carbide market may experience a narrow range of fluctuations and declines. The downstream PVC market has slightly declined, downstream demand has weakened, and the price of raw material blue charcoal has slightly decreased, resulting in insufficient cost support. In the future, it is expected that the price of calcium carbide in the northwest region will fluctuate and fall in a narrow range in late November, with consolidation being the main trend.