PVC futures prices fell slightly and some pullback requirements are expected

News: 1.
Hanwha Ningbo and Suzhou Huasu pre-maintenance equipment will be started within
a day.
In addition, the operating rate of the PVC plant of Gulf Chemical has been increased to full load, and the load of Yantai Wanhua has been increased to 70%, and it will be increased to full load
in the later stage.
Inner Mongolia Sanlian slightly reduced
.
And there are no new maintenance devices
this week.
2.
The recent mainstream market price in Wuhai has been lowered to 4,000 yuan / ton, and some enterprises have been hindered in shipments, affected by the rise in LNG prices, freight rates have been raised, logistics profits have been compressed, and logistics resistance has increased
.

Market quotation: the mainstream price of SG-5 in Changzhou market in East China is 8250 yuan / ton, -100
.
Warehouse receipt inventory: 4541 warehouse receipts, +400 sheets
.
Main positions: Top 20 long positions 234800, +10335, short positions 212763, +6313
.
Net increase
.

Summary: PVC prices in Asia remain firm, and the strong trend of domestic calcium carbide prices supports PVC prices
.
However, after entering December, PVC inventories have accumulated for two consecutive weeks, and the supply-demand relationship may change
in the later period as the weather turns cold, downstream enterprises stop work and the 1.
2 million tons of new production and resumed production capacity gradually increase the load.
At present, the price of PVC is at a historical high, resulting in obvious downstream losses, with the end of old orders, new orders reduce orders, or even do not accept orders, resulting in later demand or will decrease
.
In anticipation of increased supply and reduced demand, PVC is expected to have certain pullback requirements
.
In operation, investors can set the take profit for short orders in their hands and hold
them cautiously.