Downstream demand is still good, and PVC futures prices rose slightly

News: 1.
It is understood that the hurricane caused widespread power outages, and the expected recovery time may be longer
.
At present, the affected enterprises in the United States mainly include: Westlake Chemical's 670,000-ton EDC plant, 460,000-ton vinyl chloride plant, and 304,000-ton PVC plant; Sasol's 470,000-ton LLDPE plant; INEOS Olefins' 460,000-tonne-per-year HDPE plant; Formosa Plastics U.
S.
798,000 tons and 513,000 tons of PVC plants
.
It is expected that even after Hurricane Laura, many U.
S.
producers will still have a reputation for some time to resume production
.
2.
The profit of calcium carbide method in East China was 774 yuan / ton last week, down 70 yuan / ton from last week; The ethylene profit was 200 yuan / ton, down 40 yuan / ton
from last week.

Market quotation: the mainstream price of SG-5 in Changzhou market in East China is 6680 yuan / ton, +30
.

Warehouse receipt inventory: 739 warehouse receipts, +200
.
Main positions: Top 20 long positions 151227, +8975, short positions 171758, +10919
.
Increased
headroom.

Summary: The increase in PVC prices in Asia has supported the domestic market
.
In September, many installations still have maintenance plans, and Inner Mongolia Yihua stopped production due to accidents, and the pressure on the supply side was not great
.
On the demand side, the decline in PVC social inventory slowed down, but it was still lower than the same period last year, indicating that PVC downstream demand was still good, which supported 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.