PVC futures prices fluctuate at a high level in the short term, and many parties still have an advantage

News: 1.
Longzhong data statistics show that as of August 15, the domestic PVC social inventory was 122,000 tons, flat from the previous month, down 54.
31% year-on-year; Among them, East China was 91,000 tons, down 1.
09% month-on-month and 58.
45% year-on-year; South China was 31,000 tons, an increase of 3.
33% month-on-month and a year-on-year decrease of 35.
42%.

2.
As of the week of August 5, among the 31 calcium carbide sample enterprises of Longzhong Information, the production capacity was 15.
41 million tons, and the calcium carbide sample started 69.
08%, down 6.
7%
from the previous week.

Market quotation: the mainstream price of SG-5 in Changzhou market in East China is 9400 yuan / ton, +0
.

Warehouse receipt inventory: 1209 warehouse receipts, +164 sheets
.
Main positions: Top 20 long positions 168727, -19944, short positions 153980, -19037
.
Net excess decrease
.

Summary: PVC operating rates increased month-on-month last week, and PVC market supply increased
.
However, domestic PVC social inventories continued to decline month-on-month, indicating that the pressure on the supply side was not large
.
The start of PVC downstream products enterprises is basically stable, the start of soft products and sheets is relatively good, and the start of profiles, pipes and plates is declining
.
Most profile enterprises in North China, East China and South China are at the lower middle level, and the start of enterprises in Xinjiang has improved slightly
.
The V2109 contract fluctuated at a high level during the day, indicating that bulls still have an advantage
in the short term.