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    Home > Chemicals Industry > New Chemical Materials > PVC futures shock rebound Market fundamentals have not changed much

    PVC futures shock rebound Market fundamentals have not changed much

    • Last Update: 2022-12-26
    • Source: Internet
    • Author: User
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    As of 11.
    1, PVC futures prices rebounded
    .
    Increased production cuts on the supply side; high social inventory; PVC losses occur; The price of calcium carbide at the raw material end was reduced
    .

    PVC

    Futures market: as of 11.
    1 days, the main force of PVC closed at 5723 yuan / ton (+2.
    91%); Top 20 main long positions: 481083 (-23750) Short positions: 526974 (-42440); Net short position: 45891 (-18690).

    Spot: as of 11.
    1 East China (calcium carbide method) quotation: 5830 yuan / ton (+60); South China (calcium carbide method) quotation: 5910 yuan / ton (+70).

    Blue charcoal: as of 11.
    1 days, Shaanxi 1576 yuan / ton (0).

    calcium carbide: as of 11.
    1 days North China 4250 yuan / ton (-10).

    Macro sentiment has increased the disturbance of the market in recent days
    .
    From the perspective of PVC fundamentals, although there is a short loss, some production cuts have occurred, and the bottom support has been strengthened
    .
    But high social inventories are still a drag
    on price operations.
    The spot-side procurement wait-and-see mood is strong, and the low-price part just needs to be purchased
    .
    Fundamentals have not changed much
    .

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