During the mid-May xxxx, Calcium Carbide prices increased across Asia, driven by improved demand in key nations like China and India. Following the Labor Day holiday in China, increased negotiations in the feedstock coke market supported Calcium Carbide prices. The downstream PVC spot market also saw a significant rise, driven by strong futures market performance and a positive macroeconomic environment. This buoyant market led to increased enthusiasm for PVC inquiries and purchases, causing the mainstream transaction price in the spot PVC market to rise. Additionally, higher international crude oil futures provided further cost support. The trading sentiment in the Calcium Carbide market was positive, with traders actively procuring goods.
This uptick comes after a prolonged downturn in the Calcium Carbide market in China, which was primarily influenced by the demand for downstream PVC products. In recent months, cumulative Calcium Carbide production has notably increased compared to last...
