PVC main force narrow range shock market demand has limited price pull

News: 1.
The 142 cracking furnace of Qilu Petrochemical Chlor-Alkali Plant was started up smoothly, and the device resumed the production load, so far, the plant completed the short-stop maintenance with high quality, and the No.
2 ion membrane caustic soda unit and the vinyl chloride direct chlorination unit operated normally after start-up, eliminating the problems existing in the equipment, achieving the purpose of maintenance, and providing support for high yield and stability
.

2.
According to the deployment requirements of the Safety Committee of the Shandong Provincial Government "Implementation Plan for the Supervision and Inspection of the Special Rectification Action for Work Safety to Welcome the 70th Anniversary of the Founding of New China", the Provincial Emergency Department organized and carried out the law enforcement inspection
of production safety in different places.
Recently, the Emergency Management Department of Shandong Province released news that as of September 6, the province's safety production law enforcement inspection found 29,771 problems, and 47 enterprises were ordered to temporarily suspend production and business
.

Upstream raw material market: the mainstream price of calcium carbide market in the northwest region is 3000 yuan / ton, 0; the mainstream price in Shandong in North China is 3090 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 6680 yuan / ton, +20; the mainstream price of SG-5 in South China market is 6780 yuan / ton, +20
.

Warehouse receipt inventory: exchange warehouse receipts reported 6983 lots, +560 lots within the day, in the historical high area
.

Main position: The top 20 long positions in the main contract are 124720 lots, +366 lots, short positions are 97185 lots, -3898 lots, and the net position is 27535 lots, net long increase
.

Summary: The operating rate of domestic PVC enterprises has declined, and the maintenance loss has increased
.
PVC social inventory continued to decline, but it remained at a high level
year-on-year.
Spot market companies raised prices slightly, and the trading atmosphere improved slightly
.
Downstream goods increased slightly, and the transaction atmosphere was mild
.
However, affected by the environmental protection and production restriction policy in the Beijing-Tianjin-Hebei region, it is expected that it will be difficult to improve in the short term, and the demand will have limited price pull
.
V2001 contract narrow range, MACD red column elongation, above can pay attention to the pressure near the 60-day moving average, it is expected that the price will still maintain a strong adjustment, but supply and demand are flat, the upside may be limited, long-term is expected to continue the wide range of volatility
.
Operationally, it is recommended that short orders in your hand can be held
with caution.