PVC futures prices continue to fall, and the market wait-and-see attitude is obvious

As of May 26, the weekly data showed that the overall operating load of PVC was 76.
33%, down 4.
96 percentage points from the previous month; of which the calcium carbide PVC operating load was 76.
17%, down 5.
88 percentage points
from the previous month.
During the first half of June, the number of maintenance companies decreased, and the operating load is expected to recover
as the previous maintenance companies gradually recover.

As downstream starts continued to be low year-on-year, social inventories continued to accumulate, and the weakness of demand caused the market to fall to the low level of the year
.
If the demand side cannot change the current downturn, then it is difficult for the price to have rebound momentum, and the PVC disk may continue to hover
at a low level.

The demand side continues to be weak due to the impact of the epidemic and poor performance of real estate data, and it is difficult to significantly improve in the short term, coupled with the recent weakening of export margins, some participants lack
confidence in the future market.
International crude oil futures volatility is strong, the recent domestic macro level is good to boost, PVC futures volatility is weak, focus on 8180 first-line support
.