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    Home > Chemicals Industry > New Chemical Materials > PVC volume increased position, and the futures price fluctuated higher

    PVC volume increased position, and the futures price fluctuated higher

    • Last Update: 2022-12-19
    • Source: Internet
    • Author: User
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    On Monday, the PVC V2101 contract increased its intraday position, and the futures price fluctuated higher, closing at 6865 yuan on the day, +100 yuan from the previous trading day; Volume 203074 lots, open position 221442 lots, +26498, basis 135
    .

    PVC

    News: 1.
    Longzhong data shows that in the week of September 28 to October 4, the shipment volume of 24 domestic PVC enterprises was 177,000 tons, down 16.
    43% from the previous cycle, mainly due to the impact
    of the National Day holiday.
    The equipment maintenance of the tracked 24 sample enterprises continued to recover, resulting in a 5.
    04%
    month-on-month increase in production.
    2.
    Longzhong Information reported on October 12: As of the end of last week, domestic PVC social inventory decreased by 1.
    76% month-on-month, an increase of 11.
    13% year-on-year, as far as East China was concerned, it decreased by 1.
    50% month-on-month and increased by 24.
    22% year-on-year, and South China decreased by 4.
    35% month-on-month and 46.
    34%
    year-on-year.
    Stocks in East China are 223,600 tons, and South China is 22,000 tons
    .

    Market quotation: the mainstream price of SG-5 in Changzhou market in East China is 7000 yuan / ton, +200
    .

    Warehouse receipt inventory: 2570 warehouse receipts, -582 sheets
    .
    Main positions: Top 20 long positions 149948, +18221, short positions 157905, +20453
    .
    Increased
    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 installations, Shin-Etsu will be overhauled 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 prices are firm, and exports are expected to remain high this month, these factors have supported
    prices.
    In terms of operation, it is recommended that investors set more take profits in their hands and hold
    them cautiously.

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