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On Tuesday, the PVC V2109 contract reduced its position, and the futures price fluctuated higher, closing at 9450 on the day, +95 yuan from the previous trading day; Volume 265346 lots, position volume 232809 lots, -10738, basis 140
.
News: 1, Taiwan Formosa Plastics announced the pre-sale quotation of PVC in September, the increase was slightly lower than previously expected, CFR China rose $60/ton at $1270/ton, CFR India rose $80/ton at $1410/ton
.
2.
The purchase price of Henan Haohua aerospace avionics is reported at 5500, the purchase price of Henan Lianchuang calcium carbide is reported at 5500, and the purchase price of Henan Shenma calcium carbide is reported at 5450, which is basically stable
from last week.
Downstream enterprises actively
purify.
Market quotation: the mainstream price of SG-5 in Changzhou market in East China is 9380 yuan / ton, -20
.
Warehouse receipt inventory: 1209 warehouse receipts, +0 sheets
.
Main positions: Top 20 long positions 193235, +24508, short positions 173647, +19667
.
Net increase
.
Summary: PVC operating rates increased month-on-month last week, and PVC market supply increased
.
However, domestic PVC social inventories continued to decline month-on-month, indicating that the pressure on the supply side was not large
.
The start of PVC downstream products enterprises is basically stable, the start of soft products and sheets is relatively good, and the start of profiles, pipes and plates is declining
.
Most profile enterprises in North China, East China and South China are at the lower middle level, and the start of enterprises in Xinjiang has improved slightly
.
The V2109 contract was volatile and higher during the day, indicating that bulls still have an advantage
in the short term.
It is expected to complete the main position
transfer tomorrow.