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    Home > Chemicals Industry > New Chemical Materials > The market continues to improve, and PVC still maintains an upward trend

    The market continues to improve, and PVC still maintains an upward trend

    • Last Update: 2022-12-20
    • Source: Internet
    • Author: User
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    Since October, the price of PVC has risen rapidly, from about 6700 yuan / ton at the beginning of the month to 7430 yuan / ton
    at present.
    In November, the PVC market continued to improve, and the price was significantly higher than the same period last year, and still maintained an upward trend
    .

    PVC

    At present, the supply of PVC spot market is still tight, the market arrival is not much, social inventory is still low, domestic and foreign trade demand is picking up, raw material calcium carbide prices rise, and futures are boosted, multiple favorable factors support is not reduced, PVC trend is strong, merchant sales are not pressured, and the price mentality is obvious
    .

    According to statistics, as of last week, the average weekly operating rate of PVC production enterprises was 76.
    69%, up 4.
    67% month-on-month and 1.
    56%
    year-on-year.
    Among them, the calcium carbide method operating rate was 80.
    12%, up 7.
    20% month-on-month and 4.
    03% year-on-year; The ethylene operating rate was 60.
    70%, down 7.
    17% month-on-month and 9.
    96%
    year-on-year.

    From the perspective of inventory, as of the end of last week, domestic PVC social inventory decreased by 16.
    12% month-on-month and 0.
    07% year-on-year, from the perspective of East China, it decreased by 16.
    03% month-on-month and increased by 1.
    50% year-on-year, and South China decreased by 16.
    74% month-on-month and increased by 11.
    18%
    year-on-year.
    Stocks in East China are 131,000 tons, and South China is 18,900 tons
    .

    Upstream production enterprises continue to push up new quotations, upstream pre-sales are better, although the recent start load has gradually increased, but the supply of goods to be delivered is more, and enterprises have no sales pressure
    .
    In terms of spot prices, the center of gravity of Guangzhou's PVC market rose slightly, and the mainstream quotation range of calcium carbide type 5 was 7500-7600 yuan / ton
    .

    The market demand is good, and the data from PVC enterprises can also be seen
    .
    At present, the PVC structure and PP are more similar, and the spot end is destocked, but it is expected that there will be pressure on incremental devices, and the stock equipment will start high in winter
    .
    The current PVC spread structure belongs to strong reality, weak expectations, high premium, and small trading space for unilateral
    shorting.

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