PVC futures price volatility lower, market terminal just demand

News: 1.
In November 2020, vinyl chloride imports were 61,100 tons, of which 21,900 tons in Taiwan, South Korea significantly reduced to 3,000 tons, and Japan 36,000 tons
.
2.
Longzhong Information reported on December 29: The purchase price of calcium carbide in the northwest of Shaanxi was reduced, the source of goods in Inner Mongolia was 3780 yuan / ton, and the source of goods in Shaanxi Fugu was 3760 yuan / ton, and the actual transaction was mainly
based on negotiation.
2.
The domestic goods of dichloroethane oku in Jiangyin area were reported to 3550-3600 yuan / ton
.
South China is stable at 3500-3550 yuan / ton
.
The terminal in South China is just demand-based, and the cargo holder dominates the offer
.

Market quotation: the mainstream price of SG-5 in Changzhou market in East China is 7450 yuan / ton, -50
.

Warehouse receipt inventory: 5821 warehouse receipts, +1100 sheets
.
Main positions: Top 20 long positions 260893, +1756, short positions 229452, -2
.
Net increase
.

Summary: PVC prices in Asia remain firm, and the strong trend of domestic calcium carbide prices supports PVC prices
.
However, after entering December, the maintenance of PVC equipment has decreased, the operating rate has rebounded significantly, and the market supply has also increased
.
Affected by the power rationing policies in various places, the overall operating rate of domestic PVC downstream products enterprises this week has decreased steadily, and the general mentality is not good
.
The operating rate of sample PVC profile products enterprises decreased
significantly.
PVC pipe products enterprises maintain low-load operation
.
Some plants in the northern downstream continued to reduce production or even stop production
due to cold weather.
PVC inventories have been accumulated for four consecutive weeks, and the supply-demand relationship may change
in the later period as the weather turns cold, downstream enterprises stop work and the 1.
2 million tons of new production capacity that has been put into operation and resumed production is gradually increased.
At present, PVC prices are in the historical high area, resulting in downstream losses, the willingness of enterprises to accept orders has declined, and the operating rate has also declined, most of which maintain low-load operation, resulting in a decrease
in demand in the later stage.
In operation, investors can set the take profit for short orders in their hands and hold
them cautiously.