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    Home > Chemicals Industry > New Chemical Materials > PVC futures price shock rebound The sustainability remains to be seen

    PVC futures price shock rebound The sustainability remains to be seen

    • Last Update: 2022-12-26
    • Source: Internet
    • Author: User
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    As of 11.
    3, PVC futures prices rebounded
    .
    PVC manufacturers are facing large losses; Calcium carbide at the raw material end is mainly shipped by price reduction; PVC social inventory fell slightly; The real estate downturn continues; The spot market continued to rise and the basis converged; Downstream procurement is not highly motivated
    .

    PVC

    Futures market: as of 11.
    3 days, the main PVC closed at 5847 yuan / ton (+2.
    02%); Top 20 main long positions: 450296 (-12907) Short positions: 464250 (-29982); Net short position: 13954 (-327990).

    Spot: as of 11.
    3 East China (calcium carbide method) quotation: 5900 yuan / ton (+330); South China (calcium carbide method) quotation: 6005 yuan / ton (+55).

    Blue charcoal: as of 11.
    3 days Shaanxi 1576 yuan / ton (0).

    calcium carbide: as of 11.
    3 days North China 4145 yuan / ton (-95).

    At present, the weak demand side of PVC has caused a drag and high social inventory, and the core contradiction of the PVC market has not been solved
    for the time being.
    The recovery of the economy and real estate is not overnight, although the short-term price has stabilized and rebounded due to emotional infection, but the sustainability remains to be seen, and the strength of the rebound may be limited
    .

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