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    Home > Chemicals Industry > New Chemical Materials > PVC futures prices rushed back down to pay attention to the support below

    PVC futures prices rushed back down to pay attention to the support below

    • Last Update: 2022-12-21
    • Source: Internet
    • Author: User
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    On Wednesday, the PVC V2105 contract reduced its position, and the futures price rushed back down, closing at 8875 yuan on the day, -35 yuan from the previous trading day; Volume 456573 lots, position 272510 lots, -1004, basis 125
    .

    PVC

    News: 1, Longzhong Information reported on April 07: Shaanxi Shenmu Energy Development Co.
    , Ltd.
    four devices are currently operating at full capacity, from April 30 to June 20, it is planned to overhaul two calcium carbide devices, and all calcium carbide are currently exported
    .
    In February and March, the overall load reduction of calcium carbide plants in Ulanqab area was 25%-30%, and the supply was in short supply and demand
    .
    In April, the power rationing policy of the Ulanqab calcium carbide plant has been relaxed, and the number of vehicles to be unloaded by downstream purchasing manufacturers has increased significantly at the end of the month
    .
    The increase in arrivals and the recent high price of calcium carbide have shown a downward trend
    .

    Market quotation: the mainstream price of SG-5 in Changzhou market in East China is 9000 yuan / ton, +100
    .

    Warehouse receipt inventory: 764 warehouse receipts, +11 sheets
    .
    Main positions: Top 20 long positions 195700, -1396, short positions 182006, +3137
    .
    Net excess decrease
    .

    Summary: The United States, Europe, Japan and South Korea have all stopped their installations, overseas supply is still tight, and Formosa Plastics raised its April shipping schedule quotation by $
    300.
    It also supports the price
    .
    Domestic: the operating rate of domestic PVC downstream products enterprises has increased slightly, the terminal orders of pipe, floor and cable factories are good, and the overall operation of products enterprises in this field is still at a high level
    .
    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 set more take profits in their hands and hold
    them cautiously.

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