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    Home > Chemicals Industry > New Chemical Materials > PVC fell slightly, and market demand recovered slowly

    PVC fell slightly, and market demand recovered slowly

    • Last Update: 2022-12-16
    • Source: Internet
    • Author: User
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    Market situation: PVC fell slightly, V2001 opened 6635 yuan / ton, the highest reported 6640 yuan / ton, the lowest reported 6590 yuan / ton, closed 6610 yuan / ton, -0.
    15% from the previous trading day; Volume 103260 lots, -16508 lots; Position 209878 lots, +11956 lots
    .
    Basis -60 yuan, -25 yuan, 9-1 spread 180 yuan, 0 yuan
    .

    PVC

    News: The double impact of environmental protection wind + export obstruction has shrunk PVC terminal orders, and most downstream factories still maintain the status quo
    of low operating hours and low raw material inventory.
    Profit shrinkage is widespread, and the fact that small and medium-sized factories have changed to business is often heard
    .

    Spot market: the price of calcium carbide 5 type in Qilu Chemical City was raised by 40 yuan / ton, the quotation was 6780 yuan / ton (including tax self-pickup), the price of ethylene material Qilu was raised, the range was 10-20 yuan / ton, the quotation of S700 was 6930 yuan / ton, and the quotation of S1000 was 6840 yuan / ton
    .
    The price of Beiyuan 8 type is stable, the quotation is 6780 yuan / ton, and the price of Tianye 8 type is increased by 50 yuan / ton, and the quotation is 7010 yuan / ton
    .

    Warehouse receipt inventory: the exchange warehouse receipt reported 2000 lots, which is in the historical median area, +0 lots
    within the day.

    Main positions: the top 20 long positions in the main contract are 68881 lots -11392 lots, short positions are 65280 lots, -1000 lots, and net long positions are 3601 lots, -10392 lots
    .

    Summary: International trade disputes have continuously affected market confidence, PVC downstream enterprises operating rate is still lower than last year, indicating that market demand recovery is slow, Asian VCM prices continue to fall, but also to a certain extent weakened the cost support of PVC
    .
    However, the strengthening of safety production inspections in Inner Mongolia may reduce the operating rate of production enterprises
    .
    India's Ministry of Finance lowered the anti-dumping duty rate is expected to increase PVC exports, Asian and American markets PVC stopped falling and rebounded, Formosa Plastics raised PVC export prices in September, and PVC social inventories continued to fall slightly, these factors supported PVC
    .
    It is expected that the rebound is expected to continue, and operationally, investors can set a take profit and hold it
    cautiously.

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