PVC futures prices fluctuated higher and there was still some support below

News: 1.
In May 2021, the apparent consumption of domestic PVC was 1.
7034 million tons, an increase of 2.
99% month-on-month and a year-on-year decrease of 4%; From January to May, the domestic apparent consumption of PVC accumulated 8.
7375 million tons, an increase of 4.
34%
over the same period last year.
2.
The purchase price in Northeast China within the day: the purchase price of Shenyang Chemical is 4295 yuan / ton; The purchase price of Heilongjiang Haohua was reported at 4330 yuan / ton; The purchase price of Hangjin Technology is 4270 yuan / ton, and the arrival situation is general, and the order is honest
.

Market quotation: the mainstream price of SG-5 in Changzhou market in East China is 9000 yuan / ton, -0
.
Warehouse receipt inventory: 3865 warehouse receipts, -200 sheets
.
Main positions: Top 20 long positions 285595, +8132, short positions 249103, +11438
.
Net excess decrease
.

Summary: PVC operating rates continued to rise slightly month-on-month last week, and market supply increased
.
At present, the large-scale maintenance of PVC production enterprises has ended, and there are fewer maintenance enterprises in the later stage, and the operating rate of the PVC industry as a whole shows a rebound trend
.
The operating rate of downstream product enterprises has not changed much, only a few enterprises have a slight decline, others are stable, and the current product enterprises are in the off-season, and the difficulty of sales has increased
.
Formosa Plastics lowered its July cargo quotation and significantly reduced exports in May, both of which suppressed
prices.
The V2109 contract fluctuated higher during the day, indicating that there is still some support below, and the market will pay attention to whether the pressure on the 8650 line can be broken
.