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On Wednesday, the PVC futures 05 contract on the 29th rose 122, and the closing price was 8484 yuan as of the afternoon, but spot demand did not improve for the time being; Downstream factories and traders have little demand and are currently in a wait-and-see state
.
Last week, the price of PVC industry chain products fell overall, ethylene prices and calcium carbide fell little, but vinyl chloride prices fell significantly
.
Affected by the temporary failure of PVC installations in some enterprises and the decline in the start of some external calcium carbide enterprises, the operating rate of PVC production enterprises last week was 73.
55%, down 1.
40% month-on-month and 6.
33% year-on-year; PVC production was 403,700 tons, down 1.
89% month-on-month and 7.
47%
year-on-year.
This week, PVC production enterprises continued to maintain a high level, pre-maintenance enterprises resumed one after another, and Tianjin Dagu new equipment started, the overall supply will increase
.
Last week, the start of PVC downstream products enterprises was still relatively low, and the orders of various regional industries were weak, and the seasonal weakening was obvious
.
News: In 2021, the National People's Congress approved the arrangement of new local government special bonds of 3.
65 trillion yuan
.
About 50% of them are invested in transportation infrastructure, municipal and industrial park infrastructure; About 30% of the investment is in affordable housing projects and social undertakings such as health care, education, old-age care, and cultural tourism; About 20% of the investment is in agriculture, forestry and water conservancy, energy, urban and rural cold chain logistics, etc
.
The mainstream ex-factory price of calcium carbide in Ningxia is 4500 yuan / ton, the company is actively shipping, the market price is constantly declining, and the supply is strengthening, and the market bearish mentality is aggravated
.
Affected by the off-season of the industry, some enterprises in the north began to prepare product inventory, and planned to take a winter break in advance, and the market was generally bearish
.
Operationally, it is recommended that investors wait and see for the time being
.
