PVC futures prices fell sharply, and the pressure above them is still large

News: 1, Linyi PVC market weak fall, traders quotation center of gravity down, market atmosphere is general, delivery price reference 9300-9700 yuan / ton, Inner Mongolia source price slightly lower
.
2.
Longzhong Information reported on November 04: Shandong Xinfa 700,000 tons of PVC plant is not satisfied, the latest quotation within the day was reduced by 300 yuan / ton, and the 5 type material is now at 9300 yuan / ton
.

Market quotation: the mainstream price of SG-5 in Changzhou market in East China is 9600 yuan / ton, -200
.

Warehouse receipt inventory: 2375 warehouse receipts, -85 sheets
.
Main positions: Top 20 long positions 223665, +11094, short positions 247019, +32070
.
Increased
headroom.

Summary: Last week, the operating rate of domestic PVC enterprises was 74.
89%, an increase of 3.
09% month-on-month and 3.
79% year-on-year, and market supply increased
.
The operating rate of PVC downstream products enterprises has increased and increased, but the increase is more than the decrease.

In some areas, the electricity load is affected by the irregular time limit, and the start of some product enterprises has risen to around
60%.
As of October 31, the domestic PVC social inventory was 162,000 tons, both down year-on-year, indicating that the pressure on the supply side is not great
.
The obvious decline in the price of calcium carbide in the northeast has weakened the cost support
of PVC.
The intraday V2201 contract retreated sharply, indicating that the pressure above it is still strong
.