PVC futures prices are volatile

Futures market: as of 11.
16, the main force of PVC closed at 5928 yuan / ton (+0.
54%); Top 20 main long positions: 413652 (-1914) Short positions: 421220 (-10352); Net position: 7568 (-11838).

Spot: as of 11.
16 East China (calcium carbide method) quotation: 5980 yuan / ton (-10); South China (calcium carbide method) quotation: 6075 yuan / ton (-15).

Blue charcoal: as of 11.
16 Shaanxi 1558 yuan / ton (0).

calcium carbide: as of 11.
16 North China 3990 yuan / ton (0).

Recently, real estate support policies have been frequent, and although the expectations are optimistic, the market effect still needs time to be transmitted and verified
.
The PVC main contract is in a state
of optimistic expectations but realistic pressure.
The slowdown in the Fed's interest rate hike and the new domestic real estate policy have supported the operation of PVC prices in the short term; However, in its own case, excessive inventory and sluggish consumer demand still suppress the rebound height, so the 01 contract is likely to be in a "surplus state"
.