PVC futures fell unchanged to maintain a bearish idea

Futures continued to adjust, market participants confidence was insufficient, the domestic PVC spot market sentiment cooled significantly, mainstream prices in various regions followed the loosening, although the source of low-priced goods increased, but the actual transaction was not good
.

PVC period and current prices fell simultaneously, the spot market still maintained a state of premium, and there was an advantage
in the point price supply.
The market price of upstream raw material calcium carbide has stabilized and moved, calcium carbide enterprises are facing increased cost pressure, some have fallen into losses, and short-term prices continue to be hindered, but the demand side has not improved significantly, the supply is still in the process, and the cost side is difficult to provide support
.

The cost pressure of PVC enterprises is acceptable, there is still a certain profit margin, due to the recent general order situation, the quotations of enterprises in the main producing areas in the northwest are mostly reduced
.
There is no pressure on the supply side of PVC supply, the pre-maintenance equipment continues to stop, and the overall operating load drops slightly to 76.
94%.

There are still a small number of maintenance plans in the later stage, and it is expected that the PVC operating rate will not fluctuate much
.

The market actively inquires about the lack of orders, traders are not discharging goods, the transaction of high-priced sources is blocked, the downstream bargain just needs to be replenished, and the actual transaction is weak
.
The operation of downstream product factories has not improved, and raw material inventories remain low and are picked
as they go.
PVC downstream products are closely related to real estate, although the real estate easing policy continues to land, but the latest released data show that housing construction began to show negative growth, and the negative growth of housing completion area expanded
significantly.
The time period for the transformation of stimulus policies into actual demand is long, and the demand side of PVC is still not optimistic
.
In addition, it is the high temperature rainy season, and there is still a possibility
that the demand will weaken.
The export arbitrage window remains open, but the scale is difficult to withstand the decline in domestic demand, and social stocks have accumulated to a high level
.

PVC market bearish factors occupy the upper hand, short-term or continue to loosen, the following temporarily focus on the 7500 mark support, operation to maintain a bearish idea
.