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On May 12, the overall trading atmosphere of the domestic PVC market was calm, the downstream demand was general, and the wait-and-see mentality was heavier
.
Futures bottomed out this afternoon, and the PVC market quotations in South China and East China were firm, and there was not much
room for negotiation.
Although new capacity has been put into operation recently, it is expected that the release of production will not wait until June, and the maintenance of PVC units in May is more concentrated, so it is expected that inventory will continue to be digested in May, and market prices are supported
.
In terms of the spot market, Inner Mongolia triple PVC equipment is basically full production, producing 5 types, actively shipping, mainly a single negotiation, no quotation to the outside world; Inner Mongolia Wuhai Chemical PVC plant started 90%, the supply is not much, 5 type material factory self-reported 5450 yuan / ton acceptance, 3/7/8 type acceptance factory 5650 yuan / ton; Ningxia Yinglite PVC plant area 120,000 tons of normal operation, enterprise goods are not much, 5 type to the north acceptance factory 5550 yuan / ton
.
At present, downstream performance has been tepid, and growth has been less than expected
.
In addition, calcium carbide prices may weaken due to the empty price of upstream coal, and there is still room for calcium carbide method adjustment
.
The trend of the futures market is more optimistic, and the market bulls cover back
.
It is expected that the PVC market will remain stable tomorrow
.