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On Tuesday, the PVC V2109 contract contracted and increased its position, and the futures price was narrowly consolidated, closing at 8680 on the day, +75 yuan from the previous trading day; Volume 431088 lots, open position 399434 lots, +3785, basis 370
.
News: 1.
The purchase price in Shanxi has been stable recently: the ex-factory price of calcium carbide in Shanxi Yushe is reported at 4400-4500 yuan / ton; Shanxi Huojiagou purchase factory price reported 4400
.
2
.
A Japanese manufacturer stopped its dichloroethane plant unplanned due to technical problems of the chlor-alkali plant, resulting in a decline in Japanese production and tight supply.
Taiwan's Formosa Plastics quoted $685 per ton in July, and is expected to export 15,000 tons, and the market is expected to be exported to Japan
.
Market quotation: the mainstream price of SG-5 in Changzhou market in East China is 9050 yuan / ton, +0
.
Warehouse receipt inventory: warehouse receipt 2385, -200 sheets
.
Main positions: Top 20 long positions 271410, +5101, short positions 255409, +2065
.
Net increase
.
Summary: Last week, PVC operating rates continued to rise slightly year-on-year, and market supply increased
.
At present, the large-scale maintenance of PVC production enterprises has ended, and there are fewer maintenance enterprises in the later stage, and the operating rate of the PVC industry as a whole shows a rebound trend
.
The start of PVC downstream products enterprises is still differentiated, and the start of soft products is better than that of hard products
.
From the perspective of domestic PVC profile products enterprises, some of them continued to reduce their starts during the week to cope with the impact of the off-season, and most of the profile enterprises in North China, East China, South China and Northwest China were at the lower medium starting level
.
Formosa Plastics lowered the July cargo quotation, and PVC social inventory rebounded month-on-month, which also suppressed
prices.
The V2109 contract was narrowly sorted out during the day, and the market paid attention to the pressure
on the 8790 line.