Market expectations are good, PVC spot prices are strong

In terms of the market, since April, the maintenance plan of production equipment has increased, and the probability of starting construction in the PVC industry has fallen
in a narrow range.
The downstream market continued to need to replenish the rhythm, the enthusiasm for chasing up was not high, although the quotations of traders were successively raised, but the actual transaction was not ideal
.

In terms of inventory, social stocks in East and South China continued to decline, shrinking to 328,800 tons
.
PVC social inventory ushered in an inflection point after the seasonal accumulation, after the start of the spring maintenance of the device, the basic orientation is good, there is a recovery expectation on the demand side, PVC futures prices may be easier to rise, 05 contract above focus on pressure around 9500
.

At present, the PVC supply and demand pattern shows a state
of weak reality and strong expectations.
PVC supply is relatively stable, the growth rate of terminal real estate has slowed down, and public health events have significantly inhibited downstream goods, but due to the unsustainable impact of public health events on consumption, PVC demand in the later period is expected
to improve.
Although the weakness of PVC consumption has not yet shown substantial signs of recovery, market expectations are difficult to falsify
in the short term.
In this case, short-term PVC or continuation of the strong trend, can participate in a small number of orders, the future market is recommended to focus on downstream demand recovery, timely grasp the opportunity
.