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    Home > Chemicals Industry > New Chemical Materials > PVC runs strongly, and short-term price improvement is limited

    PVC runs strongly, and short-term price improvement is limited

    • Last Update: 2022-12-25
    • Source: Internet
    • Author: User
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    Last week, PVC futures continued to run strongly, and the epidemic in Xinjiang had an impact on local PVC production enterprises, resulting in unplanned maintenance of some enterprises, and the loss of weekly maintenance expanded
    .
    Affected by the epidemic in Shenmu, Yulin and Fugu in Shaanxi, the decline in supply and transportation in the main production areas of blue charcoal may have an indirect impact on local PVC production enterprises, and the overall operating load of the current supply side continues to decline, the upstream factory warehouse and social inventory have been degraded, and the fundamentals have improved, but the short-term improvement is limited
    .

    PVC

    In terms of the market, PVC futures were weak and volatile, and the spot market traded flat
    .
    Some point price sources have a slight advantage, and the first price and point price transactions in the market coexist, and the current high offer transaction resistance is obvious
    .
    PVC supply side operating load continued to decline, as of August 25 weekly data show that last week's overall PVC operating load was 69.
    30%, down 3.
    20 percentage points month-on-month; of which calcium carbide PVC operating load was 66.
    96%, down 4.
    27 percentage points month-on-month; ethylene PVC operating load was 77.
    97%, up 0.
    77 percentage points
    month-on-month.

    At present, the upstream factory warehouse and social inventory continue to be high, individual production enterprises are facing certain sales and inventory pressure, and the overall PVC spot supply is still relatively abundant
    .
    The demand side is affected by the poor real estate data, and it is difficult to significantly improve in the medium and long term, and the poor real estate data has led to significant pressure on the building materials sector in the near future, and the import and export are affected by the weak spot in the international market
    .
    The current inventory remains high, and the upward pressure on spot futures is greater
    .

    At present, the spot price in the international market continues to weaken, the import and export market is still relatively weak, the overall PVC spot supply is still relatively abundant, and the demand side may be affected by poor real estate data is difficult to significantly boost, resulting in the futures rebound is also under pressure, it is recommended to pay attention to the improvement of
    demand.

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