Downstream demand is still good, and PVC futures prices rebounded slightly

News: 1.
Taiwan Plastics September shipping schedule quotation rose by $30/ton, CFR India at $890/ton, CFR China at $840/ton, FOB price at $800/ton
.
Formosa Plastics Mailiao, with an annual output of 458,000 tons and 36,000 tons, was overhauled
in mid-August and mid-September.
2.
The profit of calcium carbide method in East China was 1006 yuan / ton, an increase of 10 yuan / ton compared with last week; The ethylene profit was 151 yuan / ton, down 100 yuan / ton
from last week.

Market quotation: the mainstream price of SG-5 in Changzhou market in East China is 6500 yuan / ton, -80
.
Warehouse receipt inventory: 427 warehouse receipts, +0
.

Main positions: the top 20 long positions 64375, -6068, short positions 59617, -6877
.
Net increase
.

Summary: The upstream leading manufacturers Wuhai Chemical, Inner Mongolia Junzheng, Shaanxi Beiyuan, and Xinjiang Zhongtai plan maintenance in August, and it is expected that the market supply will be reduced, and the pressure on the supply side will not be large
.
Imports rose sharply in June and domestic supply increased
.
In terms of demand, PVC social inventory continued to fall, indicating that PVC downstream demand is still good, which supports the price of PVC
.
But after a period of rebound, there are certain technical adjustment requirements
for the short term.
In terms of operation, it is recommended that investors can reduce their holdings in batches at high prices, and put their pockets in peace
.