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    Home > Chemicals Industry > New Chemical Materials > PVC main force to test the low and rebound, the short-term trend is still weak

    PVC main force to test the low and rebound, the short-term trend is still weak

    • Last Update: 2022-12-17
    • Source: Internet
    • Author: User
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    Market situation: PVC main V2005 contract rebounded on Thursday, closing at 6510 yuan / ton, +15 yuan from the previous trading day; Volume 152552 lots, +12132 lots; Position 449918 lots, +6824 lots, basis 540 yuan, -65 yuan; 1-5 spread 225 yuan, +25 yuan
    .

    PVC

    News: In November 2019, the apparent demand for PVC in China was 1.
    6891 million tons, an increase of 0.
    79% from 1.
    6758 million tons in the previous month and an increase of 0.
    55% over the same period last year; From January to November, the apparent demand was 18.
    29 million tons, an increase of 4.
    6%
    over the same period last year.

    Spot market: Hebei market price reduced by 10-30 yuan / ton, the current 5 type material price including tax 6680-6760 yuan / ton delivery, Inner Mongolia source of goods including tax self-raised price 6470-6550 yuan / ton, excluding tax self-raised price 6080-6150 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 166904 lots, +1332 lots, short positions are 161688 lots, +2394 lots, and the net position is 5216 lots, net long decrease
    .

    Summary: Affected by environmental protection, the start of upstream production enterprises has decreased slightly; Due to the pre-sale of more deliveries in the market, the spot volume of various merchants remained tight; Downstream maintenance just need to purchase
    .
    Far futures source procurement is not active, and the psychology of high price resistance is enhanced
    .
    At 80.
    90%, an increase of 2.
    84% from last week and 0.
    95% lower than last year; PVC social inventory last week decreased by 8.
    33% month-on-month and 41.
    07%
    year-on-year.
    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
    .
    Moreover, there was a serious smog weather in the north of China, and orange warnings for heavy pollution weather were issued in many places, and production enterprises successively reduced production
    .
    In terms of operation, it is recommended that investors can settle their hands on high orders and drop their bags
    .

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