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    Home > Chemicals Industry > New Chemical Materials > PVC futures prices fluctuate at a high level, with pressure and support below

    PVC futures prices fluctuate at a high level, with pressure and support below

    • Last Update: 2022-12-23
    • Source: Internet
    • Author: User
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    On Tuesday, the PVC V2201 contract contracted and increased its position, and the futures price fluctuated at a high level, closing at 11860 on the day, +175 yuan from the previous trading day; Volume 950332 lot, position volume 316258 lot, +8209, basis 1140
    .

    PVC

    News: 1.
    The supply of raw material calcium carbide increased last week, and the calcium carbide operating rate increased by 2.
    65%
    compared with last week.
    Inner Mongolia Jun is overhauling the PVC plant in Ordos, and the sales volume of calcium carbide has increased, which has alleviated the tight market supply to a certain extent
    .
    Affected by the increase in calcium carbide supply, the overall operating rate of PVC enterprises has increased by 1.
    18%
    recently.
    Market supply has increased
    .
    2.
    Taiwanese Formosa Plastics PVC prices rose by $
    250 in November.
    CFR India quoted $1860; CFR China quoted $1640; FOB Northeast Asia quoted $1620 and FOB Vietnam quoted $1610
    .

    Market quotation: the mainstream price of SG-5 in Changzhou market in East China is 13,000 yuan / ton, +200
    .

    Warehouse receipt inventory: 6167 warehouse receipts, -200 sheets
    .
    Main positions: Top 20 long positions 210958, +13553, short positions 212495, -906
    .
    Reduced
    headroom.

    Summary: Last week, the domestic calcium carbide supply increased, and the calcium carbide operating rate increased by 2.
    65%
    compared with last week.
    Inner Mongolia Jun is overhauling the PVC plant in Ordos, and the sales volume of calcium carbide has increased, which has alleviated the tight market supply to a certain extent
    .
    Affected by this, the overall operating rate of PVC enterprises has increased by 1.
    18% recently, and the market supply has increased
    .
    The start of PVC downstream products enterprises has improved, and the enterprises that have reduced the burden after the holiday have basically returned to normal, but there is still an indefinite time limit for electricity, and the cost pressure of downstream enterprises is greater, and there are signs of
    stopping work and production.
    As of October 17, the domestic PVC social inventory was 175,900 tons, down 9.
    56% month-on-month and 22.
    99% year-on-year, indicating that there is little pressure on the supply side
    .
    The intraday V2201 contract fluctuated at a high level, indicating that there was pressure on it and support
    below.

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