The pressure on shipments is not reduced, and the PVC market is still pulling back

This week, at the beginning of the week, the domestic PVC market low-price shipments slightly improved, futures bottomed out, East China, South China individual traders test the price upward, the current industry views on the market is different, some of them said that the current price basically to the bottom
.
In the middle of the week, the domestic PVC market has improved, the PVC market in the futures market has rebounded at a low level, actively driving the spot market atmosphere, the quotation of holders is actively raised, the market inquiry atmosphere is acceptable, but the demand of downstream manufacturers is still general, the attitude is more cautious, and the market transaction situation is not optimistic
.
The domestic PVC market rose slightly over the weekend, affected by the rise in futures, merchants tested high prices, mainstream quotations rose by 30-50 yuan / ton, the bullish atmosphere in the market was strong, and the optimistic mentality for the future market intensified
.
However, at present, the downstream demand is general, the market shipment pressure is large, the overall lack of favorability, and the enterprise side is holding the price and waiting
.

In terms of raw materials, calcium carbide plants are still actively shipping this week, and the overall pressure is greater
.
Factory price of calcium carbide in various places: 2300-2400 yuan / ton in Wuhai and Ordos areas of Inner Mongolia; Ningxia Shizuishan area 2350-2450 yuan / ton; Zhongwei area quotation 2450-2500 yuan / ton; Shaanxi area 2400-2500 yuan / ton; Gansu area 2450-2550 yuan / ton
.
Downstream product enterprises resumed production less than expected, while most of them still have stock inventory to digest, in addition, affected by environmental protection supervision, the start of some downstream product enterprises in the Beijing-Tianjin-Hebei region was blocked, the overall market demand was general, downstream manufacturers are mostly on-demand procurement, and it is expected that next week will maintain the situation of appropriate procurement on demand
.

This week, the PVC market returned to calm, manufacturers are not expected to ship well, and most manufacturers' quotations have pulled back
.
At the same time, with the market inventory increasing, it is expected that there is still a possibility
of a price correction next week.
The operating rate of domestic PVC enterprises has not changed much this week, and only a few enterprises have adjusted their own enterprises slightly
.
PVC started 78.
72%
overall.
Through the tracking of social inventory in East and South China, it is found that the current market inventory in major PVC consumption areas in China is generally high.
The recovery of production by downstream enterprises is less than expected, and the enthusiasm for procurement is not good, and it is expected that the inventory of the PVC market will continue to rise
.

At present, the shipment pressure of the PVC market is still unabated, and the inventory of major ports, terminals and warehouses is high; Manufacturers still maintain a high operating load, while some provinces in North China have strict environmental protection inspections, some downstream processing plants have been hindered in production, the contradiction between supply and demand imbalance is prominent, and prices have fluctuated lower
.
It is expected that there is still a possibility
of a correction in the PVC market in the short term.