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    Home > Chemicals Industry > New Chemical Materials > PVC futures price low recovery There is still some support below

    PVC futures price low recovery There is still some support below

    • Last Update: 2022-12-23
    • Source: Internet
    • Author: User
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    On Thursday, the PVC V2201 contract reduced its position, and the futures price rebounded, closing at 9545 on the day, +120 yuan from the previous trading day; Volume 1552723 lots, open position 255745 lots, -37301, basis 455
    .

    PVC

    News: 1.
    The ex-factory price of mainstream trade in the northwest calcium carbide market was lowered by 100 yuan / ton, and the price was 7800 yuan / ton.

    The downstream reduces the operating load, demand weakens, and it is expected that the market price will be lowered tomorrow, and the shipment pressure of calcium carbide enterprises will increase
    .
    2.
    The mainstream trade price in Wuhai area was lowered by 300 yuan / ton, the mainstream ex-factory price was 7500 yuan / ton, the overall start of construction has recovered and improved recently, the supply has increased, affected by public health events and weakened demand, and shipments are not smooth
    .

    Market quotation: the mainstream price of SG-5 in Changzhou market in East China is 10,000 yuan / ton, -350
    .

    Warehouse receipt inventory: warehouse receipt 3055, -447 sheets
    .
    Main positions: Top 20 long positions 166821, -19939; short positions 170503, -28493
    .
    Reduced
    headroom.

    Summary: Last week, the operating rate of domestic PVC enterprises was 72.
    24%, an increase of 1.
    98% month-on-month, a year-on-year decrease of 1.
    17%, and market supply increased
    .
    The operating part of PVC downstream product enterprises has declined, and the electricity in some areas has affected the operating load within an irregular time limit, and the start of some product enterprises has dropped to around
    50%.
    As of October 17, the domestic PVC social inventory was 175,900 tons, down 9.
    56% month-on-month and 22.
    99% year-on-year, indicating that there is little pressure on the supply side
    .
    The intraday V2201 contract rebounded from the low, indicating that there is still some support
    below.

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