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    Home > Chemicals Industry > New Chemical Materials > PVC volume increased and futures prices rose slightly

    PVC volume increased and futures prices rose slightly

    • Last Update: 2022-12-20
    • Source: Internet
    • Author: User
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    On Wednesday, the PVC V2101 contract increased its intraday position, and the futures price rose slightly, closing at 6875 yuan on the day, +50 yuan from the previous trading day; Volume 167596 lots, open position 229329 lots, +8089, basis 175
    .

    PVC

    News: 1.
    Recently, the domestic calcium carbide market has moved steadily, and some enterprises in Wuhai have increased their ex-factory prices in a narrow range, and the mainstream ex-factory price is 2630-2670 yuan / ton
    .
    Recently, the market trading atmosphere is active, the bullish mentality has increased, the market as a whole is in the stage of consolidation, and it is expected that the domestic calcium carbide market will remain stable and wait-and-see
    .
    2.
    During the rotation of China and Thailand, Tianye plans to take a rotational holiday, Xinfa plans to overhaul the 2nd phase on the 15th, Wuhu Ronghui maintenance will resume in October, Leshan Yongxiang parking will be postponed, Salt Lake Magnesium Industry ethylene plant will resume in November, and Yinglite plans to maintain it at the end of the month; Julong and Ordos plan maintenance; Huasu plans to overhaul
    .

    Market quotation: the mainstream price of SG-5 in Changzhou market in East China is 7050 yuan / ton, +50
    .
    Warehouse receipt inventory: 2248 warehouse receipts, +0 sheets
    .

    Main positions: Top 20 long positions 158073, +9174, short positions 160165, +4050
    .
    Reduced
    headroom.

    Summary: Affected by the accumulation of long holidays, the domestic PVC social inventory was higher than the same period last year
    .
    And after entering the middle and late October, PVC has a new device and a plan to put into production, and it is expected that the supply will gradually increase in the later period to form a certain suppression
    of prices.
    However, due to the overhaul of overseas plants, Shin-Etsu will overhaul for one month, and major European manufacturers also have maintenance plans, resulting in the delay of the upstream vinyl chloride restart plan, pushing up the price of vinyl chloride raw materials, overseas PVC price trend is firm, Formosa Plastics November PVC price increase also supported the price, these factors supported the price
    .
    In terms of operation, it is recommended that investors set more take profits in their hands and hold
    them cautiously.

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