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As of 11.
10, PVC futures prices are running
weakly.
There are still expectations of improvement on the supply side; Gradually entering the off-season, it is difficult to significantly improve demand; The weak supply and demand of calcium carbide at the raw material end is difficult to change
for the time being.
Futures market: as of 11.
10, the main force of PVC closed at 5747 yuan / ton (-1.
83%); Top 20 main long positions: 414624 (+7836) Short positions: 439642 (+23935); Net short position: 25018 (+13871).
Spot: as of 11.
10 East China (calcium carbide method) quotation: 5980 yuan / ton (0); South China (calcium carbide method) quotation: 6065 yuan / ton (0).
Blue charcoal: as of 11.
10, Shaanxi 1558 yuan / ton (0).
calcium carbide: as of 11.
10 North China 4055 yuan / ton (-50).
Supply pressure on the supply side is still expected to increase, but demand may not improve with the arrival of the off-season
.
Future supply and demand pressures remain.
In the absence of obvious favorable stimuli, the over-the-top rebound of PVC futures prices may be difficult to sustain
.
However, from the short-term PVC industry chain loss, the downside is also limited
.
Or run
at range weakness.
