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    Home > Chemicals Industry > New Chemical Materials > PVC futures price narrow range finishing after the market to pay attention to the 8790 first-line pressure

    PVC futures price narrow range finishing after the market to pay attention to the 8790 first-line pressure

    • Last Update: 2022-12-22
    • Source: Internet
    • Author: User
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    On Thursday, the PVC V2109 contract contracted and increased its position, and the futures price was sorted out in a narrow range, closing at 8710 on the day, +0 yuan from the previous trading day; Volume 321181 lots, open position 405181 lots, +1676, basis 390
    .

    PVC

    News: 1, Asian PVC market prices are stable and falling, CFR China at 1240 US dollars / ton, CFR Southeast Asia at 1260 US dollars / ton, all remain stable, CFR India fell 50 at 1330 US dollars / ton
    .
    U.
    S
    .
    export prices (FAS Houston) retreated sharply to $1,445, down $150 from the previous week.
    FOB Northwest Europe remained flat at $1750, unchanged
    from the previous week.
    2.
    Domestic calcium carbide prices have remained basically stable
    .
    As of July 1, the price in Shandong was 4830-5120 yuan / ton; The receiving price in the northeast region is 4920-4980 yuan / ton, the current downstream arrival is tight, the procurement is active, the market is cautious and wait-and-see, and it is mainly
    stable.

    Market quotation: the mainstream price of SG-5 in Changzhou market in East China is 9100 yuan / ton, +0
    .
    Warehouse receipt inventory: 1483 warehouse receipts, -702 stocks
    .

    Main positions: Top 20 long positions 278515, +2353, short positions 260425, +1873
    .
    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.

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