PVC futures prices rose slightly and there is still some support below

News: 3.
On July 12, Ningxia Wuzhong City Bureau of Industry and Information Technology and the National Development and Reform Commission issued a notice on the implementation of production restrictions for some high-energy-consuming enterprises, mainly involving calcium carbide, ferroalloy, industrial silicon, cement and other industries, the production time is temporarily limited to one month, the total production capacity of four calcium carbide enterprises is 650,000 tons, affecting 12 calcium carbide furnaces, this production limit will affect the daily output of calcium carbide close to 800 tons, specifically affecting 1/3 of the operating load
.
3.
Longzhong Information reported on July 13: Tomorrow's Zhongyan Jilantai price will rise by 150, and the signing price will be 4800
.

Market quotation: the mainstream price of SG-5 in Changzhou market in East China is 9100 yuan / ton, -0
.

Warehouse receipt inventory: 2072 warehouse receipts, -0 sheets
.
Main positions: Top 20 long positions 320949, +22394, short positions 281564, +8407
.
Net increase
.

Summary: Last week, the PVC operating rate increased month-on-month and was higher than the same period last year, and market supply increased
month-on-month.
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
.
Formosa Plastics lowered the August cargo quotation, and the start of PVC downstream products enterprises is still at a relatively low level, and only a few low-start companies have increased
slightly.
Some hard products enterprises continued to reduce negative production; Although the start of soft product enterprises is slightly better, the overall improvement has not been seen
.
Domestic PVC social inventories have decreased month-on-month, indicating that there is little pressure on production enterprises, and the central bank's RRR reduction has also formed a certain support
for prices.
The V2109 contract recovered slightly during the day, indicating that there is still some support
below.