PVC main force fell slightly, and demand will weaken again at the end of the year

News: Asian PVC market India offered up 10 yuan / ton, Southeast Asia offered at 860 US dollars / ton, CFR China at 860 US dollars / ton, CFR India at 890 US dollars / ton
.

Spot market: PVC market trend in Qilu Chemical City market declined
.
The quotation of calcium carbide method 5 type is 6630 yuan / ton (Xinfa does not include tax 6200 yuan / ton), the quotation of ethylene method Qilu material S700 includes tax 6970 yuan / ton, and the quotation of S1000 is 6820 yuan / ton
.

Warehouse receipt inventory: exchange warehouse receipts reported 7380 lots, +0 lots
within the day.

Main position: The top 20 long positions in the main contract are 140858 lots, -13657 lots, short positions are 152216 lots, -8202 lots, net positions are -11358 lots, net space increases
.

Summary: Fundamentally, the operating rate of PVC production enterprises this week was 81.
89%, down 0.
98% from last week and 0.
72% from last year; PVC production enterprises lost 28,200 tons, an increase of 4.
06%
from last week.
The operating rate of production enterprises has declined, and the spot supply of PVC has decreased
.
PVC social inventory increased by 24.
55% month-on-month last week and 1.
43%
year-on-year.
Shows insufficient
market demand.
Downstream maintenance just need to purchase
.
Far futures source procurement is not active, and the psychology of high price resistance is enhanced
.
The domestic calcium carbide market stopped falling and stabilized, the market supply was in the stage of gradual consumption, and the downstream purchasing manufacturers increased their demand with the end of maintenance and the increase of load
.
These factors support the price of PVC
.
The long holiday is coming, and it is expected to start in the second half of this week, downstream companies will have a holiday one after another, and demand is expected to weaken
again.