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The biggest change in proximal PVC is that the operating rate has improved significantly after the downstream out of power rationing and approaching the peak season, whether it is East China, South China or East China, the sample of traders has shown a relatively obvious improvement, traders in the downstream improvement after the willingness to take goods is more obvious, resulting in upstream inventory dematerialization
.
Last week, the weekly operating load of calcium carbide enterprises did not change much, the overall start was still low, and there was a phenomenon of profit reduction in the near future, and the ex-factory price of calcium carbide was reduced by 100 yuan / ton, and it is expected that the short-term calcium carbide price center of gravity or consolidation
.
The operating load of PVC upstream enterprises has increased, but at present, the maintenance of ethylene enterprises is relatively concentrated, and the overall operating load has increased slightly, but it is expected to remain at a low level
.
As of September 8, the overall weekly PVC operating load was 72.
41%, up 0.
25 percentage points from the previous month; of which the calcium carbide PVC starting load was 74.
43%, up 1.
85 percentage points from the previous month; the ethylene PVC starting load was 64.
95%, down 5.
64 percentage points
from the previous month.
In terms of imports and exports, as of September 7, the price of Asian PVC market remained stable, CFR China held steady at 900 US dollars / ton, CFR Southeast Asia fell 20 to 870 US dollars / ton, CFR India held steady at 1000 US dollars / ton, domestic imports and exports are relatively weak
.
Recently, the upstream factory warehouse has declined, the social inventory has accumulated slightly, the overall inventory of the industry is still relatively high, and the supply of goods is abundant
.
At the macro level, overseas inflation pressure still exists, the Fed's expectations of interest rate hikes in September have heated up, domestic monetary policy easing continues, and there is a lack of strong driving force in macro aspects.
