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    Home > Chemicals Industry > New Chemical Materials > Inventories are at a low level in the same period, and the PVC market is prone to rise and fall

    Inventories are at a low level in the same period, and the PVC market is prone to rise and fall

    • Last Update: 2022-12-23
    • Source: Internet
    • Author: User
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    Recently, as the overall atmosphere of the commodity market improved, PVC, which has always been strong, hit a new high, and the futures price has risen by more than 40%
    year-to-date.
    Under the background of carbon neutrality, the supply will continue to shrink, while the demand is resilient, the inventory is at the low level of the same period, and the PVC market is prone to rise and fall
    .

    PVC

    In terms of spot, in order to effectively curb the blind development of the "two highs" project and successfully complete the dual control goal of energy consumption, the new policy of Yulin City pointed out that the city's key energy-using enterprises will limit water, electricity, production or even stop production, limit the total amount of coal used, and work together to complete the goal
    of dual control of energy consumption 。 The area involves the main polypropylene PP of enterprises, and throughout the end of the year, so PVC hitchhiker and the pullback weakened after there is a rising repair demand, so the sharp rise in futures prices gives the spot market the opportunity to recover lost ground, spot prices rise again, but at present, the fundamentals have not had a greater impact, the supply side of PVC equipment starts are still low, but the demand side of the epidemic in Fujian may again weaken the PVC demand in the region and surrounding areas.
    In addition, in terms of power rationing in Jiangsu and Guangzhou and the policy of dual control of energy consumption in the future, demand may also be weak
    .

    Overall, although spot prices have risen, demand has not improved significantly
    .
    At present, it is still not optimistic about the improvement of demand, believing that excessive prices will still inhibit the willingness of downstream product enterprises to purchase, and speculate in the short term that the spot market price is mainly narrowly sorted out, and the market volatility is intensifying, and traders are advised to stock up cautiously at high prices
    .

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