PVC closed slightly higher, and the overall supply and demand of the market weakened

News: 1.
This week's social inventory increased by 10.
05% compared with last week and 1.
84% year-on-year; Among them, East China increased by 7.
39% month-on-month and 2.
02% year-on-year; South China increased by 24.
69% month-on-month and 1.
00%
year-on-year.
East China 95,900 tons, South China 20,200 tons
.

Market quotation: the mainstream price of SG-5 in Changzhou market in East China is 7400 yuan / ton, +50
.

Warehouse receipt inventory: 6661 warehouse receipts, +480 receipts
.
Main positions: Top 20 long positions 298235, +7070, short positions 264081, +5054
.
Net increase
.

Summary: The power rationing policy was lifted, and calcium carbide production began to recover, but the overall recovery was still insufficient, and short-term calcium carbide stabilized operation
.
PVC plant maintenance has decreased, the operating rate has rebounded significantly, and the market supply has also increased
.
The operating rate of sample PVC profile products enterprises decreased
significantly.
PVC pipe products enterprises maintain low-load operation
.
Some plants in the northern downstream continued to reduce production or even stop production
due to cold weather.
PVC inventories have been accumulated for five consecutive weeks, and the supply-demand relationship may change
in the later period as the weather turns cold, the shutdown of downstream enterprises and the gradual increase of the 1.
2 million tons of new production capacity and resumption of production.
And in the short term, the downstream is not strong in accepting orders for high-priced raw materials, and the overall supply and demand are weak
.
PVC2105 contract intraday surge back down, short-term lower test around 7000 support, above focus on 7300 pressure, recommended range trading
.