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PVC2205 closed at 8575 yuan / ton on Monday, down 201 yuan, or 2.
29%,
from the previous trading day.
Upstream raw material calcium carbide enterprises start steadily, the supply of goods is sufficient, manufacturers have certain shipment pressure, calcium carbide prices continue to decline, the decline range is 50-100 yuan / ton, downstream arrivals increase, the market has price reduction promotion phenomenon
.
PVC costs have fallen, and some of them still have downward adjustment plans, which are not strongly supported
for the time being.
The PVC industry did not fluctuate much, and the new parking and maintenance enterprises were Zhonggu Mining and Sichuan Jinlu, and the operating load of some enterprises decreased, and the start of ethylene enterprises increased
.
In the later period, there are few maintenance plans for enterprises, and PVC starts are basically stable around 75%, and output will show a slow
upward trend.
Most of the enterprises in the main producing areas of Northwest China have pre-sale orders, the inventory level is not high, some ex-factory quotations are flexibly increased, and the intention to raise prices is not strong
.
Although traders' quotations followed, high-priced transactions were clearly blocked
.
The downstream market is not very enthusiastic about entering the market for procurement, continuing the rhythm of just receiving goods, there is still not much stock before the current festival, and the spot transaction has not been significantly increased
.
The raw material inventory of downstream product factories is basically maintained at a low level, and as the end of the year approaches, factories are on holiday, and PVC demand is expected
to weaken.
The market arrival is relatively stable, PVC has entered the stage of inertial accumulation, and the growth rate of social inventory in East and South China has accelerated, increasing to 156,300 tons, which is 18.
32%
higher than the same period last year.