PVC futures price rises and updates recent highs Many parties still have a certain advantage

News: 1.
Fujian PVC market price increase, 5 mainstream 11850-11950 yuan / ton, Zhongtai 11950 yuan / ton, Tianye 11950 yuan / ton, Junzheng 11950 yuan / ton, Yili 11950 yuan / ton, Tianhu / Neiyi / Ordos 11900 yuan / ton, Dongxing 11880 yuan / ton, salt lake 11800-11850 yuan / ton
.
2.
The spot price of PVC in Tianjin will be increased
during the day.
The mainstream quotation of 5 types of material spot by traders is 11760-11860 yuan / ton including tax, and the price of Inner Mongolia source factory tax includes tax is 11550-11650 yuan / ton, and there are not many
sources in the market.

Market quotation: the mainstream price of SG-5 in Changzhou market in East China is 11750 yuan / ton, +150
.

Warehouse receipt inventory: 7589 warehouse receipts, -0 sheets
.
Main positions: Top 20 long positions 302005, -12123, short positions 289704, -7758
.
Net excess decrease
.

Summary: PVC operating rate decreased month-on-month last week, and PVC market supply decreased
.
Last week, PVC downstream products enterprises started to differentiate, and the operating rate of large enterprises was still relatively stable, but small enterprises were limited by electricity and production costs were high, and there were signs of
reducing production.
It is expected that the overall downstream operating rate will remain basically stable
.
Domestic PVC social inventory has stopped falling for five consecutive weeks and rebounded, indicating that downstream demand is insufficient
.
Inner Mongolia power rationing is still the same, calcium carbide supply is tight
.
Recently, the National Development and Reform Commission issued the "Barometer of the Completion of Dual Control Targets for Energy Consumption in Each Region in the First Half of 2021", and the energy intensity of 9 provinces (regions) in China did not decrease but increased in the first half of the year, which was a first-level warning
.
Affected by this, Jiangsu, Guangdong, Zhejiang, Inner Mongolia, Ningxia, Shaanxi dual control policies on energy consumption have been upgraded, "open one stop six", "limit production by 90%", "thousands of enterprises stop production" and other measures have been introduced, the expectation of market supply reduction is heating up
.
The intraday V2201 contract fluctuated to the upside and updated its all-time high, indicating that the bulls still have a certain advantage
.