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Recently PVC futures prices out of the continuous plunge market, first from the supply point of view, the relevant data show that the current PVC manufacturers operating load 83.
56%, an increase of 5.
26 percentage points over last week, PVC enterprise maintenance season is about to end, the future market plan maintenance enterprises gradually reduced, it is expected that the future market PVC starting load gradually began to rise
.
Therefore, with the upward shift of the operating load and the gradual resumption of maintenance enterprises, there is obviously an expectation of an increase in the PVC supply side, and it is reasonable to put pressure on the price
.
In terms of PVC demand, it is still at the off-season level
.
Affected by the current high cost of holding goods in the hands of traders, the downstream market has a resistance to high-priced sources, and high-priced transactions are obviously hindered
.
In other aspects, due to the downstream product factories maintaining the rhythm of just needing replenishment, bargaining and appropriate purchases, the actual trading of spot goods is cold, the overall downstream demand is limited, and price suppression exists
.
In addition, from another point of view, the current time is the rainy season, and the recent limited power action in South China, various performances may have a certain impact on the demand side, and the price fundamentals are not strong
.
Combined with the above views, in the short term, due to the continuation of the pressure on the supply side, the blessing of the demand off-season, the decline in international oil prices, the decline in PVC prices, and it is expected that the follow-up will still be dominated by short operation
.
In the later stage, we must always pay attention to the node
of oil price stabilization.
