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    Home > Chemicals Industry > New Chemical Materials > PVC futures prices fluctuated higher, and the market supply pressure was not large

    PVC futures prices fluctuated higher, and the market supply pressure was not large

    • Last Update: 2022-12-23
    • Source: Internet
    • Author: User
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    On Wednesday, the PVC V2201 contract increased its position, and the futures price fluctuated higher, closing at 9050 on the day, +198 yuan from the previous trading day; Volume 890501 lots, open position 353877 lots, +978, basis 450
    .

    PVC

    News: 1.
    According to the data of Longzhong Information statistics, there are currently 1680 glove production lines in the country, and the price of export glove products has risen to 19-20 US dollars / box, Shandong Yingke Linzi factory limited production by 30%, Shandong Lanfan Linzi factory limited production by 30%, and 6 workshops in Linqu factory area have started
    .
    Shandong Yingke and Shandong Lanfan have full orders for gloves, and more than 85-90% of them are currently exported to more than 40 countries
    and regions such as the United States, Japan, the United Kingdom, and Australia.
    2.
    The mainstream ex-factory price in Ningxia is stable at 5100 yuan / ton, the enterprise shipments are smooth, and the power restriction documents are issued in Ningxia, which aggravates the market wait-and-see
    .

    Market quotation: the mainstream price of SG-5 in Changzhou market in East China is 9500 yuan / ton, -0
    .

    Warehouse receipt inventory: 1596 warehouse receipts, -788 sheets
    .
    Main positions: the top 20 long positions 225292, +141432; short positions 230179, +150338
    .
    Net multi-turn headroom
    .

    Summary: Last week, the operating rate of PVC production enterprises reported 75.
    57%, an increase of 0.
    82% month-on-month and a year-on-year decrease of 3.
    31%; PVC production increased slightly, to 414,600 tons, up 2.
    09% month-on-month and down 0.
    87%
    year-on-year.
    As calcium carbide cost prices fall, PVC companies' operating load expectations have rebounded slightly this week, and market supply is expected to increase
    .
    Last week, PVC downstream products enterprises started basically stable, East China power rationing was basically canceled, and enterprises adjusted production
    according to their own orders.
    Winter is coming, terminal demand is not good, and orders have not increased
    significantly.
    Demand is expected to weaken
    as the weather gets colder.
    As of November 22, the domestic PVC social inventory was 143,100 tons, down 8.
    03% from the previous month, indicating that the pressure on the supply side was not great
    .
    The PVC V2201 contract fluctuated higher during the day, and it is expected that the market will launch an attack
    on the 9420 line.

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