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Trade Service
According to traders' understanding, East China traders quoted a premium of 340 yuan / ton for the 01 contract on Tuesday, 7300 yuan / ton (-) for South China, and 7100 yuan / ton for the source of goods in late December; East China spot is still tight, pre-sale source procurement enthusiasm is general; South China spot continued to be tight, mainly pre-sales; PVC manufacturers' quotations are mainly stable
.
Plate: The main contract 2001 night trading volatility downward, closing at 6765 yuan / ton (-85), position decreased by 20,000 lots to 366,000 lots
.
Upstream calcium carbide: It is understood that calcium carbide in Wuhai area was quoted at 2475 yuan / ton (-)
on Tuesday.
Shandong quotation 3000 yuan / ton (-).
The price of calcium carbide is deadlocked, and the game of supply and demand continues
.
Supply: According to statistics, the operating load of domestic PVC enterprises increased slightly last week, and the overall operating load of PVC was 75.
32%, up 1.
33%
from the previous month.
There were not many new overhauls this week, and the pre-maintenance and burden-reducing enterprises gradually recovered
last week.
Inventory: Social inventory continued to fall last week, down 18.
5% month-on-month; V-wind statistics social inventory decreased by 20.
4%
month-on-month.
Import and export: PVC quotations in Asian trading held steady
last week.
At present, the ethylene import window is still open
.
Driven by logic: the operating rate of PVC manufacturers has rebounded last week, and there is no new factory maintenance plan this week, and the operating rate is expected to continue to recover; Last week, social inventory continued to fall sharply, the overall shipment pressure of the factory was still not large, and the pre-sale was good; The operating rate of the lower reaches of North China fell slightly, while the operating rates of the lower reaches of East China and South China maintained high operating rates, and the overall demand was stable.
calcium carbide is mainly stable for the time being, and the gross profit of calcium carbide PVC is acceptable; Liquid alkali continued to be weakly sorted, and the comprehensive gross profit of chlor-alkali was general; PVC spot is still tight, basis is firm; Subsequently, it is expected to weaken as supply increases and demand slows; Focus on inventory change inflection points
.
