PVC futures prices fluctuated higher and prices remained firm

News: 1.
The annual PVC plant with an annual output of 360,000 tons in Gujarat, India, is scheduled to be overhauled until next week, and the 240,000-ton plant of LG Daesan in South Korea is scheduled for maintenance
.
In May, Nanyang, Japan, is expected to overhaul the 600,000-ton vinyl chloride plant, and the supply of vinyl chloride is expected to decrease
in May-June.
2.
New report on purchase price in Henan: Henan Haohua avionics purchase price is 4150 yuan / ton; The purchase price of Henan Lianchuang calcium carbide was 4150 yuan / ton; The purchase price of Henan Shenma calcium carbide is reported at 4100 yuan / ton, and the arrival situation is generally actively purchased
.

Market quotation: the mainstream price of SG-5 in Changzhou market in East China is 8880 yuan / ton, +180
.

Warehouse receipt inventory: 3327 warehouse receipts, +200 sheets
.
Main positions: Top 20 long positions 217225, +14089, short positions 204290, +13677
.
Net increase
.

Summary: Overseas supply remains tight and prices remain firm
.
Formosa Plastics' increase in May shipping schedule quotations also supported
prices.
Domestic: the operating rate of domestic PVC downstream products enterprises increased slightly, and the terminal orders of pipe, floor and cable factories were relatively optimistic, but the profits were small; The start of production of profile products enterprises returned to the high level
of previous years.
Product enterprises replenished their inventory slightly, but the high price of raw materials has become a resistance
for some product enterprises to sign new orders.
Due to the different acceptance of the terminal, the price adjustment plan of the large pipe factory in the early stage was suspended, and the product enterprises made small profits or even lost money
.
Domestic social inventories continue to decrease, and the inventories of production enterprises are low, indicating that their pressure is not great
.
Inner Mongolia has issued a new policy to eliminate backward production capacity, but at present, it has little impact on calcium carbide, and the future market still needs to pay attention to the later development
of the new policy.
In terms of operation, it is recommended that investors can set a take profit in their hands and hold
them cautiously.