February 15 PVC morning review

PVC trading on the plastic exchange is good, terminal downstream demand is gradually recovering, low-price 5-type PVC in South China is concentrated in trading, the settlement price has decreased, and the price in other districts remains high, and the transaction performance is average; As of the close, the settlement price in South China in February was 6328 yuan (ton price, the same below), down 372 yuan; East China settled at 6,705 yuan, up 5 yuan; North China settlement price 6370 yuan, down 5 yuan; The northwest settlement price was 6,090 yuan, down 10 yuan; The ethylene settlement price was 7,055 yuan, up 5 yuan
.
Fundamentally: today's domestic PVC market trading performance is average, but supported by the price increase of PVC manufacturers and the high operation of PVC in the futures market, market traders' quotations still rise.

Downstream demand is slowly recovering, and the mentality of market participants is
acceptable.
It is expected that the market will remain at a high level tomorrow
.

At present, PVC suppliers are actively supporting prices, the high level of PVC in the futures market is firm, and the industry is optimistic
.
However, the overall demand follow-up is general, the market inventory is generally high, inventory digestion still needs a process, the downstream complete resumption of work also takes a while, PVC prices will remain firm in the short term, prices still have room
to rise.
Keep an eye on downstream start-ups and inventory digestion
.