PVC main force closed down in a narrow range The market is mostly based on just-needed procurement

News: 1.
According to Longzhong data, the operating rate of PVC production enterprises in this cycle was 79.
21%, down 1.
94% from last week and 1.
21% from last year; Among them, the calcium carbide method started decreased by 0.
81% month-on-month and increased by 1.
39% year-on-year; The ethylene method decreased by 7.
37% month-on-month and 13.
67%
year-on-year.

2.
The PVC social inventory this week decreased by 3.
69% month-on-month and 46.
88% higher than the same period last year; East China was at 197,000 tons, down 4.
83% month-on-month and 65.
55% higher than last year; South China was 38,000 tons, an increase of 2.
70% month-on-month and a year-on-year decrease of 7.
32%.

Upstream raw material market: the mainstream price of calcium carbide market in northwest China is 3100 yuan / ton, 0; the mainstream price in North China and Shandong is 3295 yuan / ton, 0
.
The price of CFR Far East in the Asian VCM market is 720 US dollars / ton, 0; CFR Southeast Asia is 750 US dollars / ton, 0
.

Spot market: The PVC spot market is trading calmly
.
The mainstream price of SG-5 type East China spot market is 6700 yuan / ton, -20; the mainstream price of SG-5 in South China market is 6780 yuan / ton, 0
.

Warehouse receipt inventory: The exchange warehouse receipt reported 6530 lots, -4 lots within the day, which is in the historical high area
.

Main position: The top 20 long positions in the main contract are 128202 lots, -5526 lots, short positions are 114818 lots, -2163 lots, and the net position is 13384 lots, net long decrease
.

Summary: Approaching the holiday, road security inspection is strengthened, calcium carbide transportation is cautious, or it forms a certain support
for costs.
This week, the operating rate of PVC enterprises has declined, social inventory continues to decline, and the current inventory pressure is acceptable
.
Affected by the weather and power rationing notices, the operating load of some enterprises decreased slightly, and the supply side slightly supported
the price.
However, near the National Day, affected by the notice of restricted production in the Beijing-Tianjin-Hebei region downstream, it is expected that it will be difficult to start construction, and the enthusiasm for raw material procurement is general, mainly based on just-needed procurement
.
Although other regions are not greatly affected, the habit
of enterprises with low inventory stocking continues.
The main contract of V2001 opened low and fluctuated, and the long shadow black candlestick closed at the end of the day, and the MACD green column was extended, and the price trend is expected to remain weak
.