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    Home > Chemicals Industry > New Chemical Materials > PVC volatility is higher, and downstream demand has recovered

    PVC volatility is higher, and downstream demand has recovered

    • Last Update: 2022-12-18
    • Source: Internet
    • Author: User
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    The PVCV2009 contract fluctuated higher on Monday, closing at 5885 yuan / ton, +100 yuan from the previous trading day; Volume 163501 lots, -18710 lots; Position 218482 lots, +3934 lots, basis -5 yuan, +65 yuan; 9-1 spread 50 yuan, +0 yuan
    .

    PVC

    News: The operating rate of PVC production enterprises last week was 73.
    68%, an increase of 0.
    18% month-on-month, and an increase of 3.
    04%
    year-on-year.
    Among them, the calcium carbide method started at 73.
    59%, down 0.
    62% from the previous month and increasing by 3.
    11% over the same period last year; The ethylene process started at 78.
    79%, an increase of 3.
    88% month-on-month and a year-on-year increase of 2.
    70%.

    Last week, PVC social inventory decreased by 4.
    25% month-on-month, an increase of 20.
    47% year-on-year, in East China, it decreased by 3.
    21% month-on-month and increased by 7.
    11% year-on-year, and South China decreased by 6.
    25% month-on-month and increased by 60.
    71%
    year-on-year.
    East China stocks are 271,000 tons, South China 135,000 tons
    .

    Spot market: the PVC market trend of Qilu Chemical City is rising, the price of calcium carbide 5 type material is about 5840 yuan / ton, the price of ethylene method S1000 is 5870 yuan / ton, and the price of S700 is 5970 yuan / ton, and the transaction situation is general
    .

    Warehouse receipt inventory: exchange warehouse receipts reported 2462 lots, +0 lots
    within the day.
    Main position: The top 20 long positions in the main contract are 148006 lots, +3828 lots, short positions are 144582 lots, +1042 lots, and net positions are 3424 lots, net long increases
    .

    Summary: There seem to be signs of easing the overseas epidemic, and there are expectations of deregulation in many countries, which is conducive to the recovery
    of market confidence due to the revival of demand recovery expectations.
    Voluntary production cuts by major oil producers also supported
    the market.
    In the industrial chain, last week, although the operating rate of production enterprises increased, the social inventory of PVC still fell, indicating that downstream demand has recovered
    .
    In addition, the prices of raw materials calcium carbide, ethylene, vinyl chloride and dichloroethane have all stopped falling and rebounded, which is expected to reconstruct the cost support
    of PVC.
    These factors will form a certain support
    for the price of PVC.

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