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The overall domestic macro environment is favorable, and the price of PVC market has soared, and the price of the 01 contract once soared to 6935 yuan / ton
.
According to data released by the General Administration of Customs of China on October 13, in US dollar terms, China's exports in September increased by 9.
9% year-on-year, compared with an increase of 9.
5% in the previous month; China's imports in September turned from a year-on-year decline to an increase, up 13.
1%, compared with a decline of 2.
1% in the previous month, and the monthly import and export value and import value in September reached a record high
.
At the same time, the International Monetary Fund (IMF) raised its economic growth forecast for China in 2020 to 1.
9%, and is expected to achieve 8.
2% economic growth in 2021, and China is the only country
among the world's major economies to achieve growth in 2020.
Large production capacity maintenance support, upstream large-capacity enterprises around the middle of October equipment rotation, including Tianye, Zhongtai, Xinfa and Ordos.
In addition, Suzhou Huasu, Hebei Cangzhou Julong, Ningxia Yinglite and Sichuan Jinlu installations were overhauled
at the end of October and the beginning of November.
From mid-July to mid-September, PVC East China market price maintained the box trend for nearly two months, and from mid-to-late September, domestic exports were favorable, upstream production enterprises pre-sales were better, market supply was tight, market sentiment was boosted, and PVC market prices completed the transition
from time to space.
Most of the commodities outside the November holiday closed up, and the domestic A shares ushered in a good start after the holiday, PVC futures continued to rise, and the PVC market price after the holiday rose by 220-320 yuan / ton
.
At present, the regional shortage of the market still exists, and the market has risen again after adjusting and
shocking.
After the November holiday, the overall inventory of upstream production enterprises increased in a narrow range, mainly due to the restriction of transportation during the holiday, resulting in a weakening
of the circulation of goods.
According to the latest statistics, as of October 15, the inventory of upstream production enterprises fell by 18.
13%
compared with last week.
