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Cost support still exists PVC futures fluctuated slightly

 Last Update: 2022-12-23
 Source: Internet
 Author: User

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On Tuesday, the PVC V2205 contract opened at 8239, with a high of 8510, a low of 8224, and a close of 8496, up 83, or 0.
99%.

PVC

In terms of news, Premier Li Keqiang presided over an executive meeting of the State Council to determine cross-cycle adjustment measures and promote the stable development of foreign trade; Deploy the implementation of the Regional Comprehensive Economic Partnership (RCEP) after it enters into force
.

International crude oil futures are running strongly, the energy and chemical sectors are rising, and the coal sector continues to be weak.

The atmosphere of the domestic commodity futures market is relatively strong, and the downward expectation of coal and power policies remains unchanged
.

At present, the production cost of calcium carbide integrated PVC is still about 8,000 yuan / ton, and the cost support still exists
.
PVC futures followed the rise of the energy and chemical sector basis converged again, but the global PVC supply remained stable, the spot in the international market generally declined, the export performance was weak, and the export support showed a weakening trend
.

The domestic calcium carbide ex-factory price continued to decrease, and the mainstream ex-factory price in Wuhai and Ningxia was 4550 yuan / ton
.
It is expected that the receiving price will still be lowered regionally, and the ex-factory price will remain stable on the sidelines
.

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