PVC market sideways (November 10~16)

In this issue (November 10~16), after the rise in international oil prices, domestic futures mainly showed a sideways trend, the plastic market wait-and-see sentiment was strong, and spot quotations were narrowly adjusted
.
Downstream enterprises just need to purchase, and the transaction is general
.
In this issue, the market situation of Guangdong Plastics Exchange has been adjusted, merchants have lowered their quotations, low-priced goods have lowered the market, and the overall transaction is average
.
As of the close, the China Plastics Price Index on the plastic exchange was 1001.
79 points
.

From the perspective of major products, the polyvinyl chloride (PVC) market is mainly
sideways.
The futures market is widely sorted, although the production cost is high, but it is difficult to find favorable factors, and it is difficult to sell high-priced goods, and the overall sideways adjustment of the PVC market in this period is the mainstay
.
Downstream enterprises enter the market to purchase an appropriate amount, and the transaction volume is average
.
As of the end of the period, the mainstream self-pickup price of type 5 ordinary calcium carbide in South China and East China was 5950~6080 yuan / ton, up about
80 yuan / ton from last week.

In the upstream, calcium carbide prices are flat, the overall production cost of PVC has not changed much, and the operating rate of chlor-alkali enterprises has remained at about
70%.
From the perspective of demand, the overall operating rate of downstream pipes, materials, membranes, wires and other enterprises has not changed much
.
In view of the current low price of PVC, the operating rate of individual downstream enterprises has increased, but it may decline in the future, maintaining overall production stability
.
From the perspective of major production areas, the operating rate of PVC downstream enterprises is lower
than that of the previous two years.
Recently, the domestic epidemic has been repeated, some downstream enterprises have been directly affected by the start of work, commodity logistics and transportation have a greater impact, superimposed on the follow-up demand bearish, procurement efforts have declined
.
The market lacks bright spots, and short-term PVC prices or range fluctuations are expected
.