PVC futures price volatility higher, the bull pattern has not changed

News: 1.
The purchase price of calcium carbide in the northeast is basically the same
as yesterday.
Among them, the purchase price of Shenyang Chemical was reported at 4395 yuan / ton; The purchase price of Heilongjiang Haohua was reported at 4430 yuan / ton; The purchase price of Hangjin Technology was reported at 4370 yuan / ton
.
The arrival situation is general, and the order is real.

2.
The overall supply of calcium carbide market is still tight
.
Century Ferroalloy plant discontinued
.
Two Baiyan Lake were overhauled, and the maintenance was planned for 50 days
.
Ito Togyi overhauled two calcium carbide devices
.
The Ulanqab area was affected by power supply and there were power cuts
.
Shaanxi Shenmu Energy took a turn off a calcium carbide device on April 13, and plans to take 60 days
.
Northwest Chemical overhauled a unit and planned a major overhaul
.
Qinghai Yihua overhauled two calcium carbide devices and started construction of 50%.

Market quotation: the mainstream price of SG-5 in Changzhou market in East China is 8900 yuan / ton, -150
.

Warehouse receipt inventory: warehouse receipts 2382, -65 sheets
.
Main positions: Top 20 long positions 295459, +25300, short positions 256344, +18024
.
Net increase
.

Summary: Formosa Plastics' increase in May shipping schedule quotations supported
domestic prices.
Domestic: the downstream is basically balanced, the operating rate of profile products is relatively good, although the order is not as expected, but for the time being, the current demand can still be guaranteed, and there is a certain replenishment demand
.
Domestic social inventories continue to decrease, and the inventories of production enterprises are low, indicating that their pressure is not great
.
The domestic PVC operating rate fell slightly last week, but it was still much higher than the same period last year, indicating that the market supply is sufficient
.
Due to the different acceptance of the terminal, the price adjustment plan of the large pipe factory in the early stage was suspended, indicating that the price transmission to the terminal was not smooth
.
At present, the V2109 contract fluctuates at a high level, and the bullish pattern has not changed
.