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On Thursday, the PVC V2201 contract contracted and increased positions, and the futures price continued to fluctuate and rebound, closing at 9095 on the day, +432 yuan from the previous trading day; Volume 925692 lots, open position 370062 lots, +53624, basis 505
.
News: 1.
The PVC trend of Qilu Chemical City market is good
.
Traders' quotations were raised, and the mainstream price of calcium carbide type 5 was 9350-9500 yuan / ton
.
The supply of ethylene method increased, Qilu S1000 quotation is 9980 yuan / ton, less goods, S700 quotation is 9830 yuan / ton
.
2.
The mainstream trade price in Wuhai began to rise at a low level within the day, the mainstream trade price was 4500-4600 yuan / ton, the enterprise was in the stage of destocking, trade procurement was active, and the calcium carbide market transaction improved
.
Market quotation: the mainstream price of SG-5 in Changzhou market in East China is 9400 yuan / ton, +0
.
Warehouse receipt inventory: 5023 warehouse receipts, +0 sheets
.
Main positions: Top 20 long positions 243814, +37494, short positions 232377, +37264
.
Net increase
.
Summary: Last week, the operating rate of PVC production enterprises was 73.
13%, down 1.
77% month-on-month and 2.
27% year-on-year, and market supply was reduced
.
The start of PVC downstream products enterprises has not changed much, and most of them maintain the original operation, and only individual enterprises fine-tune
according to their own orders.
As of November 7, the domestic PVC social inventory was 153,800 tons, a decrease of 5.
06% month-on-month and a year-on-year increase of 2.
60%.
The intraday V2201 contract continued to rally chophorically and broke through the suppression of the 10-day moving average, indicating that the rally is expected to continue
.