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    Home > Chemicals Industry > New Chemical Materials > PVC futures prices fluctuated lower, and the bears still had the advantage

    PVC futures prices fluctuated lower, and the bears still had the advantage

    • Last Update: 2022-12-23
    • Source: Internet
    • Author: User
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    On Tuesday, the PVC V2201 contract increased its position, and the futures price fluctuated lower, closing at 8673 on the day, -544 yuan from the previous trading day; Volume 1506304 lots, open position 331205 lots, +26611, basis 1127
    .

    PVC

    News: 1.
    Longzhong Information reported on November 2: Yantai Wanhua held an auction transaction of polyvinyl chloride products within a few days, and the bidding price in the northern area was the factory price of Wanhua Chemical WH1000F & Premium Yantai Factory/Lianfa Warehouse, plus the corresponding delivery area freight after the supplier delivered it; The auction was 150 tons, the reserve price was 30 tons, and the WH800&& superior product was 1.
    584 million tons, and there was no transaction
    .
    The auction in South China was 1.
    62 million tons of WH1000F & Premium products, and some areas of the Pearl River Delta were delivered at the price, and the supplier delivered the goods, and there was no transaction
    .
    2.
    As of November 2, the downstream receipt of calcium carbide was weak, and the price fell by 300-400 yuan on demand
    .
    The receiving price in Shandong is 6330-7200 yuan / ton; The receiving price in Hebei is 6690-6715 yuan / ton; The receiving price in Henan is 6100-6350 yuan / ton; The receiving price in the northeast region is 6770-6830 yuan / ton, and the price raised by Shanxi is 5700-5930 yuan / ton
    .

    Market quotation: the mainstream price of SG-5 in Changzhou market in East China is 9800 yuan / ton, -200
    .

    Warehouse receipt inventory: 2460 warehouse receipts, -22 sheets
    .
    Main positions: Top 20 long positions 216333, +24341, short positions 229626, +14520
    .
    Reduced
    headroom.

    Summary: Last week, the operating rate of domestic PVC enterprises was 74.
    89%, an increase of 3.
    09% month-on-month and 3.
    79% year-on-year, and market supply increased
    .
    The operating rate of PVC downstream products enterprises has risen and fallen, but the increase is more than the negative
    .
    In some areas, the electricity load is affected by the irregular time limit, and the start of some product enterprises has risen to around
    60%.
    As of October 31, the domestic PVC social inventory was 162,000 tons, both down year-on-year, indicating that the pressure on the supply side was not large
    .
    The obvious decline in domestic calcium carbide prices has weakened the cost support
    of PVC.
    The intraday V2201 contract fluctuated lower, indicating that the bears still have the advantage
    .

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