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In July, the domestic PVC market as a whole maintained an upward pattern
.
Futures fluctuated and rose, driving spot trading to improve, terminal procurement enthusiasm increased, a large amount of social inventory in the market was digested, and the supply of goods in the market tended to be in a tight state
.
The ex-factory prices of upstream production enterprises have risen sharply, and the mentality has improved; Traders actively support price shipments; The enthusiasm of terminal procurement has been improved, and the active procurement of low-cost sources is the mainstay
.
According to statistics, the overall start of PVC maintained 74.
83%, up 2.
12% month-on-month, and it is expected that the maintenance of production enterprises will still be less next month, and domestic PVC production will remain stable
.
In addition, the domestic PVC social inventory fell sharply, mainly due to
the sharp rise in the futures market and the tight spot supply.
As of July 23, the total domestic social stock has been less than 160,000 tons, down about
40,000 tons from the end of June.
It is expected that the total inventory of the market will maintain a relatively stable pattern in August
.
In July, terminal product enterprises also entered the off-season of consumption, and the start of construction may be suppressed
due to the impact of environmental protection supervision and safety inspection.
It is expected that in August 2017, the start of equipment in the terminal products industry will maintain a weak and stable pattern of operation
.
Combined with other factors in the market, the overall trend of the domestic PVC market in August 2017 is expected to maintain a volatile upward pattern
.