PVC intraday volume increased position, futures price volatility higher

News: 1.
As of the week of the 14th, the domestic PVC social inventory increased by 2.
46% month-on-month, 10.
94% year-on-year, in East China, it increased by 2.
72% month-on-month and 11.
16% year-on-year, and South China increased by 1.
00% month-on-month and 9.
73%
year-on-year.
East China stocks are 230,100 tons, South China 40,600 tons
.
2.
As of the week of the 14th, the shipment volume of 24 domestic PVC enterprises was 196,500 tons, down 4.
51%
from the previous cycle.
The 24 sample enterprises tracked were affected by the maintenance of the equipment, and the output decreased by 5.
53% month-on-month; Among them, 18 weekly inventories decreased by 1.
83%
month-on-month.

Market quotation: the mainstream price of SG-5 in Changzhou market in East China is 6720 yuan / ton, +100
.

Warehouse receipt inventory: 4381 warehouse receipts, -40 sheets
.

Main positions: Top 20 long positions 143770, +9216; short positions 146367, +7066
.
Reduced
headroom.

Summary: In late September, PVC social inventory rebounded slightly, PVC has new installations and production plans, and it is expected that the supply will gradually increase in the later period to form a certain suppression
of prices.
But PVC prices in Asia have risen
.
There are still maintenance plans for installations in September, indicating that the pressure on PVC supply is not large
.
The increase in the operating rate of PVC downstream enterprises shows that downstream demand has recovered well, which supports the price of PVC
.
In terms of operation, it is recommended that investors can set a take profit in their hands and hold
them cautiously.