Downstream demand is still good, and PVC futures prices fluctuate higher

News: 1.
Last week, among the 30 sample enterprises of Longzhong Information, the production capacity was 15.
01 million tons, and the operating rate increased this week, and the maintenance was completed
one after another.
The operating rate was approximately 84.
2%, and the operating rate was revised up by 3.
1%, and the overall supply strengthened
.
2.
The average start of chlor-alkali enterprises in Hebei in the first half of the year was 61%, and as of press time, the average start of work in the second half of the year was 74%.

In the first half of the year, the maintenance of enterprise equipment was relatively concentrated, and the operation was relatively low
.
In the second half of the year, the number of equipment maintenance enterprises decreased, and the number of operating operations increased
.

Market quotation: the mainstream price of SG-5 in Changzhou market in East China is 6530 yuan / ton, +30
.

Warehouse receipt inventory: 427 warehouse receipts, +0
.
Main positions: Top 20 long positions 118900, +14999, short positions 128179, +15283
.
Increased
headroom.

Summary: The upstream leading manufacturers Wuhai Chemical, Inner Mongolia Junzheng, Shaanxi Beiyuan, and Xinjiang Zhongtai plan maintenance in August, and it is expected that the market supply will be reduced, and the pressure on the supply side will not be large
.
Imports rose sharply in June and domestic supply increased
.
In terms of demand, PVC social inventory continued to fall, indicating that PVC downstream demand is still good, which supports the price of PVC
.
In terms of operation, it is recommended that investors can set a take profit in their hands and hold
them cautiously.