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    Home > Chemicals Industry > New Chemical Materials > PVC volatility weak operation Fundamentals are not expected well

    PVC volatility weak operation Fundamentals are not expected well

    • Last Update: 2023-02-02
    • Source: Internet
    • Author: User
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    As of 12.
    20, PVC shock is weak; PVC costs have decreased slightly; industry single-product profits have improved; calcium carbide prices have temporarily stabilized; downstream procurement demand is general, and high prices are resistant
    .

    PVC

    Futures market: as of 12.
    20, the main PVC closed at 6275 yuan / ton (+0.
    48%); Top 20 main long positions: 338811 (-952) Short positions: 429383 (-462); Net short position: 90572 (+1771).

    Spot: as of 12.
    20 East China (calcium carbide method) quotation: 6230 yuan / ton (0); South China (calcium carbide method) quotation: 6280 yuan / ton (0).

    Blue charcoal: as of 12.
    20, Shaanxi 1366 yuan / ton (0).

    calcium carbide: as of 12.
    20 North China 4100 yuan / ton (0).

    PVC fundamentals are expected to be poor, downstream demand gradually enters the seasonal off-season, and the starting load ratio of PVC supply is expected to increase; Although the macro is good, most of the short-term benefits have been reflected, and it will take time for the policy to be transmitted to the end, the market atmosphere has weakened, and the PVC rebound some time ago is cautious, and the price may lack further drive
    .
    It is expected that the future market may show a "range shock pattern" pattern, and it is recommended to stay on the sidelines
    .

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