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    Home > Chemicals Industry > New Chemical Materials > Demand is in the traditional off-season PVC or continue to be weak finishing

    Demand is in the traditional off-season PVC or continue to be weak finishing

    • Last Update: 2022-12-23
    • Source: Internet
    • Author: User
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    On Thursday, the main contract of PVC futures on the Dalian Commodity Exchange opened 8295 yuan / ton at 8201, closing at 8339, the previous day's settlement price was 8496 yuan / ton, down 1.
    85%, the trading range was 8226-8400 yuan / ton, the transaction was 390588, and the position was 192969
    .

    PVC

    In terms of news, 1.
    The mainstream price in Ulanqab area is stable, the mainstream ex-factory price is 5050-5100 yuan / ton, some enterprises produce normally, and the output is all
    exported.
    2.
    From 2022 to 2023, caustic soda is basically an expansion capacity, which is expected to expand by 2.
    04 million tons, and the expansion/new production capacity is mainly concentrated in the northwest and east China
    .

    In terms of the market, PVC futures fluctuated downward, and spot market prices fluctuated and fell; The ex-factory price of upstream domestic calcium carbide continued to decrease, and the supply of calcium carbide was sufficient; The terminal plastic factory just needs to purchase
    a small order.
    The domestic mainstream price within the day, calcium carbide method price is 8850-8870 yuan / ton, ethylene method price is 9220-9240 yuan / ton
    .

    Hangzhou PVC market quotation was lowered, and the mainstream price of calcium carbide method was 8800-8900 yuan / ton; The quotation of Changzhou PVC market was lowered, and the mainstream price of calcium carbide method was 8800-9000 yuan / ton; The price of Guangzhou PVC market was reduced, the mainstream reference quotation of calcium carbide type 5 was 8800-8950 yuan / ton, the center of gravity of Linyi PVC market was shifted, and the mainstream reference price of calcium carbide type 5 was 8800-8900 yuan / ton
    .

    In terms of inventory, as of November 28, the domestic PVC social inventory was 154,700 tons, an increase of 8.
    11% month-on-month and 109.
    91% year-on-year, and the current inventory has been higher than the same period last year, indicating that the recovery of downstream demand is insufficient
    .
    The intraday V2201 contract is weak and volatile, indicating that there is still some pressure
    above it.

    At present, the quotation of raw material calcium carbide continues to be lowered, and the support of raw material continues to weaken; As the PVC operating rate remains high, the market supply increases, and the demand is in the traditional off-season, the terminal manufacturers have fewer new orders, and the demand side is weak and the supply side is increasing, the market operator mentality is empty, traders take the initiative to make profits to facilitate transactions, and the transaction is general
    .
    It is expected that the PVC market may continue to be weak in the short term, and it is necessary to pay attention to the raw calcium carbide market and futures trend
    in the future.

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