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On Thursday, the PVC V2201 contract reduced its position, and the futures price fluctuated at a high level, closing at 10075 on the day, +300 yuan from the previous trading day; Volume 845774 lots, position volume 518012 lots, -6257, basis 275.
News: 1.
The Asian market price rose steadily this week, CFR China was at $1400 / ton, +$20; CFR Southeast Asia $1410/tonne, +$20; CFR India was trading at $1640/mt, unchanged
from last week.
2.
Ulanqab once again increased the degree of power limiting, and the support of photovoltaics and wind power was insufficient, and some enterprises have not stopped production for more than 35 hours
.
2021.
9.
10-9.
16The total output of 7 calcium carbide enterprises in Ulanqab area was 54,200 tons, the actual output was 26,600 tons, and the operating load was 49%.
Market quotation: the mainstream price of SG-5 in Changzhou market in East China is 10350 yuan / ton, +370
.
Warehouse receipt inventory: 7969 warehouse receipts, -0 sheets
.
Main positions: the top 20 long positions 352955, -10795, short positions 305887, -6636
.
Net excess decrease
.
Summary: PVC operating rate decreased month-on-month last week, and PVC market supply decreased
.
However, the domestic PVC social inventory has stopped falling and rebounded for many weeks, indicating that the market demand is insufficient
.
Last week, PVC downstream products enterprises started work slightly around, but demand is still tepid
.
The operating rate of large enterprises has increased slightly, and small enterprises have been affected by raw material prices, and some have a negative phenomenon
.
Inner Mongolia power rationing is still the same, calcium carbide supply is tight
.
Recently, due to the dual control policy of energy consumption in many places, Yulin City required local coal chemical enterprises to reduce their output by 50% in the fourth quarter, and the impact on calcium carbide is expected to increase
.
The intraday V2201 contract fluctuated at a high level, indicating that there is still some pressure
above.