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As of 12.
8 days, PVC futures prices fluctuated; the domestic economy is expected to further improve; public health prevention and control measures are optimized; PVC profits are at a low level; calcium carbide demand is insufficient, and calcium carbide factory prices are lowered in some regions; PVC spot market prices are reduced; procurement enthusiasm is not high
.
Futures market: as of 12.
8 days, the main PVC closed at 6080 yuan / ton (+0.
55%); Top 20 main long positions: 235442 (-8976) Short positions: 246,518 (-8890); Net position: 11076 (+1221).
Spot: as of 12.
8 East China (calcium carbide method) quotation: 6050 yuan / ton (0); South China (calcium carbide method) quotation: 6120 yuan / ton (0).
Blue charcoal: as of 12.
8 days Shaanxi 1322 yuan / ton (0).
calcium carbide: as of 12.
8 days North China 4125 yuan / ton (-50).
The trend of PVC futures is greatly
affected by the macro recovery and the optimization of public health event prevention and control measures.
However, the fundamentals of PVC supply and demand are average, and there is an expectation
of weakening in the future.
Although the futures price volatility is strong, the spot price is weak.
Domestic demand performance is not good, most downstream products companies said that orders are general, and the early low price has a certain replenishment operation, so the downstream mentality is cautious, strict caution just demand-based, with the rise in spot prices, downstream enthusiasm for taking goods is further reduced
.