PVC contracts shrink and reduce positions, and the futures price fluctuates at a high level

News: 1.
Among the 31 sample enterprises of Longzhong Information, the production capacity involved was 15.
41 million tons, and the sample operating rate was 82.
3%, down 4.
5%
compared with last week.
The dual control of energy consumption in Inner Mongolia continued to be strengthened, and the start of construction in Wuhai and Ordos areas was reduced
.
2.
Longzhong Information reported on March 16: Supported by the improvement of goods and export orders, the price showed a slight upward trend
.
The price of liquid alkali in East China was partially raised at a low price
.
The mainstream transaction price of 32% ion membrane alkali manufacturers in northern Jiangsu is 420-450 yuan / ton; The shipping price of 32% ion membrane alkali manufacturers in southern Jiangsu is 460-500 yuan / ton
.

Market quotation: the mainstream price of SG-5 in Changzhou market in East China is 9250 yuan / ton, +100
.

Warehouse receipt inventory: 5883 warehouse receipts, -457 sheets
.
Main positions: Top 20 long positions 263467, -144, short positions 270074, +2794
.
Increased
headroom.

Summary: There are installations in the United States, Europe and Asia, overseas supply is still tight, and the market continues to be bullish on Formosa Plastics shipping schedule quotations
in April.
Domestically, recently, the supply of Inner Mongolia dual-control stone is tight, and the price has risen, pushing up the production cost
of PVC.
Although domestic PVC production in February fell month-on-month, it was still much higher than the same period last year, and production in the first two months of 2021 was also higher than the same period last year, indicating sufficient
domestic supply.
Last week, the domestic PVC social inventory increased, indicating that the PVC industry is still in the accumulation stage
.