echemi logo
Product
  • Product
  • Supplier
  • Inquiry
    Home > Chemicals Industry > New Chemical Materials > PVC futures prices are weak and volatile and limited by sluggish demand

    PVC futures prices are weak and volatile and limited by sluggish demand

    • Last Update: 2022-12-26
    • Source: Internet
    • Author: User
    Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com

    As of 11.
    7, PVC futures prices were weak and volatile
    .
    The operating load ratio of the PVC industry is reduced; Social inventories have declined; The start of calcium carbide at the raw material end is still low, and the price of calcium carbide is falling rapidly; The start of PVC downstream products enterprises has not changed much; Epidemic prevention and control in many places has increased
    .

    PVC

    Futures market: as of 11.
    7 days, the main force of PVC closed at 5854 yuan / ton (-1.
    23%); Top 20 main long positions: 408,985 (-7576) Short positions: 416,047 (-14407); Net position: 7062 (-8906).

    Spot: as of 11.
    7 East China (calcium carbide method) quotation: 6000 yuan / ton (0); South China (calcium carbide method) quotation: 6090 yuan / ton (0).

    Blue charcoal: as of 11.
    7 days Shaanxi 1558 yuan / ton (-18).

    calcium carbide: as of 11.
    7 days North China 4105 yuan / ton (-135).

    Opinion: The fundamentals of short-term PVC have improved slightly: social inventory has dematerialized, upstream losses have intensified, resulting in production cuts by some enterprises and warming market sentiment, and industrial products have generally rebounded
    .
    However, with the arrival of the northern off-season, the sustainability of inventory dematerialization remains to be seen, after all, the overall high inventory of PVC and sluggish demand limit the height
    of PVC price rebound.

    This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.

    Contact Us

    The source of this page with content of products and services is from Internet, which doesn't represent ECHEMI's opinion. If you have any queries, please write to service@echemi.com. It will be replied within 5 days.

    Moreover, if you find any instances of plagiarism from the page, please send email to service@echemi.com with relevant evidence.