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Recently, chemicals generally declined, PVC futures followed the adjustment, the plate opened flat and low, the center of gravity fell back to the 9000 mark below the operation, constantly looking for support downward, the late session accelerated to fall, four consecutive trading days to close down
.
The mentality of market participants weakened, the atmosphere of the domestic PVC spot market returned to calm, the mainstream prices in various regions were loosened one after another, and the overall trading situation was average
.
The PVC spot market turned to a premium state, the point price supply advantage appeared, and the volume increased
.
Although the inventory pressure of manufacturers is not large, the mentality is weak, there is no intention to raise the price for the time being, and some factory quotations are reduced
.
The operating level of the PVC industry has increased slightly, there are no new maintenance enterprises, most of the production equipment is running smoothly, and the overall operation is maintained at around
80%.
In March, the equipment maintenance plan was limited, PVC production increased, and the pressure on the supply side was not large
.
PVC enterprises have increased their rigid demand for calcium carbide, the supply of calcium carbide is slightly tight, the downstream calcium carbide arrival is not good, sufficient or slightly short, and the purchase price has not changed
significantly.
The weakening of the PVC spot market has suppressed the calcium carbide market to a certain extent, and the cost side tends to be stable, and the support is not strong
for the time being.
With the increase in the operation of downstream product factories, there is a good expectation for PVC terminal demand, but based on the performance of the PVC spot market, the performance of the off-season is not light, and the high price of goods has led to increased cost pressure for downstream enterprises
.
The enthusiasm for downstream market procurement is not high, traders' quotations have followed down, and the source of low-priced goods has increased
slightly.
PVC social inventories ushered in an inflection point, falling for the first time after eleven consecutive weeks of accumulation, narrowly shrinking to 353,300 tons, but still 5.
4%
higher than the same period last year.
In the later stage, the PVC market may enter a long-term destocking stage, the export boost still exists, the market sentiment is weak under the short-term adjustment of international oil prices, and the PVC futures price follows the downward trend, and it can be temporarily waited to see whether it can stop falling
near the 8700 mark.
