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    Home > Chemicals Industry > New Chemical Materials > Market demand is insufficient PVC main force fell slightly

    Market demand is insufficient PVC main force fell slightly

    • Last Update: 2022-12-17
    • Source: Internet
    • Author: User
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    Market situation: PVC main V2005 contract fell slightly on Wednesday, closing at 6845 yuan / ton, -5 yuan from the previous trading day; Volume 95524 lots, +5024 lots; Position 217501 lots, -5565 lots, basis 265 yuan, -25 yuan; 5-9 spread 15 yuan, -10 yuan
    .

    PVC

    News: Inner Mongolia Shuangxin Chemical Industry Co.
    , Ltd.
    12 calcium carbide furnaces started normally, the current factory mainstream price is 2750 yuan / ton, up 50 yuan / ton, the actual transaction is mainly
    negotiation.

    Spot market: Qilu Chemical City market PVC market weak sorting
    .
    The quotation of calcium carbide type 5 is 6660 yuan / ton (Xinfa does not include tax 6230 yuan / ton), the quotation of ethylene method Qilu material S700 includes tax 7030 yuan / ton, and the quotation of S1000 is 6880 yuan / ton
    .

    Warehouse receipt inventory: exchange warehouse receipts reported 7380 lots, +3520 lots
    within the day.
    Main position: the top 20 long positions in the main contract are 154515 lots, -2227 lots, short positions are 160418 lots, -2765 lots, net positions are -5903 lots, net space is reduced
    .

    Summary: Fundamentally, the operating rate of PVC production enterprises this week was 81.
    89%, down 0.
    98% from last week and 0.
    72% from last year; PVC production enterprises lost 28,200 tons, an increase of 4.
    06%
    from last week.
    The operating rate of production enterprises has declined, and the spot supply of PVC has decreased
    .
    PVC social inventory increased by 24.
    55% month-on-month last week and 1.
    43%
    year-on-year.
    Shows insufficient
    market demand.
    Downstream maintenance just need to purchase
    .
    Far futures source procurement is not active, and the psychology of high price resistance is enhanced
    .
    The domestic calcium carbide market stopped falling and stabilized, the market supply was in the stage of gradual consumption, and the downstream purchasing manufacturers increased their demand with the end of maintenance and the increase of load
    .
    These factors support the price of PVC
    .
    The long holiday is coming, and it is expected to start in the second half of this week, downstream companies will have a holiday one after another, and demand is expected to weaken
    again.
    In terms of operation, it is recommended that investors can reduce their holdings at high prices and drop their pockets
    .

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