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Recently, the demand feedback of PVC market is good, the cost has risen, and the price is generally strong
.
Recently, PVC futures have taken advantage of the rise in crude oil to make obvious efforts, and after the fall in oil prices, they have not followed the trend too much, and the overall market volatility is more violent
.
On the supply side, PVC manufacturers did not have many planned maintenance companies during March, and the operating load did not change much
in the short term.
Last week's data showed that the overall starting load of PVC was 80.
49%, an increase of 0.
36 percentage points from the previous month; of which the calcium carbide PVC operating load was 83.
01%, an increase of 0.
86 percentage points
from the previous month.
Type 5 calcium carbide, East China mainstream spot exchange self-pickup 8950-9100 yuan / ton, South China mainstream spot exchange self-pickup 8980-9180 yuan / ton, Hebei cash exchange 9050-9150 yuan / ton, Shandong spot remittance 9100-9150 yuan / ton
.
On the demand side, PVC terminal start in the recent period of time is still improved, PVC enterprise orders are also in a good state, relevant enterprises are still optimistic about this year's related infrastructure to drive demand, infrastructure field or become a major driving force for PVC prices, including the recent period with exports continue to strengthen, overseas demand is still relatively obvious
.
In terms of inventory, according to relevant statistics, the sample stock in East China last week was 300,900 tons, an increase of 14,000 tons from last week; the sample stock in South China was 68,100 tons, an increase of 05,300 tons
from last week.
Overall, the accumulation rate of PVC social inventory continues to slow down, with the recovery of downstream demand, the market is expected to usher in an inventory inflection point, production enterprises have no inventory pressure, coupled with the export situation is still good, futures prices are still likely to rise, more cautious holding, or challenge the high pressure level
before.
