The pattern of PVC supply and demand is still difficult to change in the short term

In terms of spot, the mainstream spot price of PVC5 calcium carbide in East China is 12800-13200 yuan / ton, the spot exchange price in South China is 13000-13250 yuan / ton, and the price of Shandong spot remittance is 13100-13250 yuan / ton
.
CFR China 1510 US dollars / ton, CFR Southeast Asia 1610 US dollars / ton, CFR India 1840 US dollars / ton
.

On the supply side, as of September 30, the overall operating load of PVC was 63.
2%, down 8.
25 percentage points month-on-month and 15.
8 percentage points
year-on-year.
Domestic PVC production in September was 1.
5921 million tons, down 267,400 tons from August and 104,000 tons
last year.

On the demand side, Guangdong and Jiangsu have serious power cuts, the cost pressure of downstream product enterprises has increased, and the load of small and medium-sized product enterprises is low, but the start of medium and large enterprises is still maintained
.

Industrial chain data, on October 7, the Inner Mongolia Energy Bureau requested Xilin Golmeng, Wuhai City, Ordos Energy Bureau, Hulunbuir City Bureau of Industry and Information Technology, in order to accelerate the release of coal production capacity, in accordance with the notice requirements of the National Mine Safety Supervision Bureau and the National Development and Reform Commission Operation Bureau, immediately notify the 72 coal mines included in the national list of potential for nuclear increase, under the premise of ensuring safety, from now on, they can temporarily organize production
according to the capacity to be increased.
Affected by the news of this increase in production, the price of thermal coal futures fell rapidly, and the ZC2201 contract fell 5.
11%
on October 8.

Inventory, as of September 24, the total inventory of sample warehouses in East and South China was 177,420 tons, an increase of 4.
65 percentage points from September 17, a year-on-year decrease of 30.
37 percentage points
.