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    Home > Chemicals Industry > New Chemical Materials > PVC prices rushed back down, but the decline was not large

    PVC prices rushed back down, but the decline was not large

    • Last Update: 2022-12-24
    • Source: Internet
    • Author: User
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    On Wednesday, the chemical sector as a whole rushed back down, thermal coal fluctuated around 810 yuan, thermal coal entered the off-season, PVC overall rushed back down, but the fall was not large
    .
    Night PVC main 05 contract reported 9375, down 16 yuan, daytime spot followed the plate slightly steady rise, the price of the three places rose 0~40 yuan, reported 9270~9440 yuan, pay attention to today's daytime situation
    .

    PVC

    In terms of the market, the atmosphere of the PVC market is calm, the factory price of enterprises is not adjusted much, the holding cost of traders is higher, the futures fall adjustment, the spot transaction is not good, and some transaction prices are slightly loosened
    .
    At present, the enthusiasm for downstream procurement is still low, and the terminal demand has not seen significant improvement
    .
    Type 5 calcium carbide, East China mainstream spot exchange 9300-9400 yuan / ton, South China mainstream spot exchange 9270-9430 yuan / ton, Hebei spot exchange 9200-9300 yuan / ton, Shandong spot remittance 9300-9350 yuan / ton
    .
    The weather is warmer, downstream demand has rebounded, but it is still less than expected, profile products enterprises are not as good as in previous years, affected by environmental protection, epidemic, etc.
    , enterprises need to purchase mainly, and the overall transaction is general
    .

    In terms of social stock, as of March 27, social stock decreased by 2.
    04% from last week to 325,600 tons, but was 3.
    89%
    higher than the same period last year.
    Mainly because downstream product manufacturers continue to resume work, but still recover slowly, downstream procurement plans are not strong, export inquiries are positive, but domestic downstream demand is general, cautious on raw material procurement, PVC is expected to have limited upside, pay attention to upstream cost changes
    .

    In the short term, the chemical sector rushed back down, PVC was around 9500 yuan, and warehouse receipts appeared, indicating pressure
    around 9500 yuan.
    In terms of strategy, the overall continue to wait and see, or hedge operations with oil and chemical industry, the epidemic situation in Jiangsu, Zhejiang and Shanghai is repeated, and downstream demand is general
    .

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