PVC futures price narrow finishing price remained stable

News: 1.
The price of calcium carbide delivery continues to rise by 50 yuan / ton, the price of eastern delivery is basically maintained at 3000-3100 yuan / ton, the cost pressure of production enterprises in the region has further increased, short-term calcium carbide prices still continue to rise, and PVC cost support is still there
.
2.
This week, the US PVC export price continued to rise by $10 to $800/ton FAS Houston
.
Affected by the maintenance of upstream equipment, the market is in short supply, but as the maintenance gradually decreases, it is expected that the tight situation of US PVC exports in September will ease
.

Market quotation: the mainstream price of SG-5 in Changzhou market in East China is 6530 yuan / ton, +30
.

Warehouse receipt inventory: 427 warehouse receipts, +0
.
Main positions: Top 20 long positions 48414, -9548, short positions 46226, -7352.

Net excess decrease
.

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
.