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    Home > Chemicals Industry > New Chemical Materials > PVC main force slightly higher There is still potential for rebound in the future market

    PVC main force slightly higher There is still potential for rebound in the future market

    • Last Update: 2022-12-17
    • Source: Internet
    • Author: User
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    Market situation: PVC main V2005 contract on Wednesday rose slightly, closing at 6630 yuan / ton, +45 yuan from the previous trading day; Volume 178224 lots, -5292 lots; Position 375942 lots, +47982 lots, basis 425 yuan, -40 yuan; 1-5 spread 115 yuan, -15 yuan
    .

    PVC

    News: The cost of calcium carbide method PVC enterprises in China was the same as last week, and the profit increased by 120 yuan / ton, driven by the rise in ex-factory prices of calcium carbide
    .
    The cost of ethylene PVC enterprises was the same as last week, and the profit increased by 100 yuan / ton
    from last week.

    Spot market: Hebei market price reduced by 30-50 yuan / ton, 5 type material including tax price 6760-6860 yuan / ton delivered, Inner Mongolia source of goods including tax self-raised price 6550-6650 yuan / ton, excluding tax self-raised price 6160-6250 yuan / ton
    .

    Warehouse receipt inventory: exchange warehouse receipts report 0 lots, intraday -0 lots
    .
    Main position: The top 20 long positions in the main contract are 135415 lots, +12310 lots, short positions are 128970 lots, +16268 lots, and the net position is 6445 lots, net long decrease
    .

    On the supply side: the autumn centralized maintenance of upstream production enterprises has basically ended, but due to environmental protection factors, some Xinjiang enterprises have reduced production, and the market supply is basically balanced; On the demand side: real estate data
    surprises.
    Total investment in real estate development and sales figures for new housing starts increased
    significantly from the previous year.
    Although the sales area is still lower than the same period last year, it also has a more significant increase
    from the previous quarter.
    However, China and the United States are expected to cancel tariffs in phases, and the operating rate of PVC production equipment continues to rise this week, but the social inventory of PVC has decreased significantly month-on-month and year-on-year, indicating that downstream demand has recovered and the speed of destocking has accelerated
    .
    The decrease in imports of PVC downstream products and the increase in exports also supported prices
    .
    It is expected that PVC still has the potential to rebound in the future, and operationally, it is recommended that investors can choose the opportunity to build more
    .

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