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    Home > Chemicals Industry > New Chemical Materials > PVC continues to rise or there is pressure on the market cautious mentality increases

    PVC continues to rise or there is pressure on the market cautious mentality increases

    • Last Update: 2023-02-01
    • Source: Internet
    • Author: User
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    Futures market: as of January 12, the main PVC closed at 6412 yuan / ton (+0.
    07%); Top 20 main long positions: 428456 (+2845), short positions: 512739 (+7174), net short positions: 84283 (+7731).

    PVC

    Spot: as of January 12 East China (calcium carbide method) quotation: 6230 yuan / ton (+30); South China (calcium carbide method) quotation: 6305 yuan / ton (+15).

    Blue charcoal: As of January 12, Shaanxi 1376 yuan / ton (+10).

    calcium carbide: as of January 12, North China 4185 yuan / ton (0).

    As of January 12, PVC spot quotations were slightly raised; Exports to Asian markets remain strong; The enthusiasm of downstream inquiries is low, and it remains on the sidelines; The supply of calcium carbide is still tight, and the cautious attitude of the market has increased
    .

    PVC is currently in the correction of
    weak reality and strong expectations.
    In the macro aspect, real estate and economic stimulus policies have triggered optimistic expectations, and in reality, supply and demand tend to be loose and demand has weakened, and the resistance to high spot prices is greater
    .
    It is expected that in the short term, PVC will mainly
    operate in strong expectations and weak reality.
    Continued upside or pressure
    .
    Stay on the sidelines
    .

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