Recent price trends of calcium carbide

According to the Commodity Market Analysis System of the Business Society, the factory prices of calcium carbide in the northwest region have slightly decreased this week. This week, the average ex factory price of mainstream calcium carbide manufacturers in northwest China dropped from 3083.33 yuan/ton at the beginning of the week to 2983.33 yuan/ton at the weekend, a decrease of 3.24%. Weekend prices have decreased by 26.34% compared to the same period last year. On April 22, the calcium carbide commodity index was 78.17, unchanged from yesterday, a decrease of 63.17% from the cycle’s highest point of 212.23 points (2021-10-26), and an increase of 40.87% 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, average downstream demand

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

The upstream semicarbon market maintained stable operation, and the downstream PVC market price rose slightly. This weekend, the price of Shenmulan charcoal is around 1290-1400 yuan/ton, and the price is temporarily stable. The PVC market price this week rose from 5944.00 yuan/ton at the beginning of the week to 6002.00 yuan/ton at the end of the week, up 0.13%. Compared to the same period last year, it decreased by 32.94% year-on-year. The price of PVC market rose slightly, and downstream customers were not enthusiastic about calcium carbide procurement. The downstream PVC market had a negative impact on calcium carbide prices.

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.