PVC futures prices fell slightly, pay attention to whether the support below is strong

News: 1.
The epidemic situation inhibits market demand, the demand for pipes and other products in the rainy season in India and Southeast Asia is off-season, and the PVC shipping schedule quotation in August is expected to continue to decline
.
With fewer maintenance units in Asia and an increase in U.
S.
exports expected in August, the market expects that the quotations of major manufacturers in Taiwan will continue to be lowered by about $50-100/ton in August
.
2.
Longzhong Information reported on July 7: Wuhai Chemical in Inner Mongolia, 4 sets of 33000KVA calcium carbide devices are currently producing low-load products
.
Shuangxin Chemical Industry Co.
, Ltd.
has a total of 12 calcium carbide devices, with an annual production capacity of 850,000 tons, and currently 2 calcium carbide devices, which are affected
by indefinite time limit electricity.
The renovation will begin on June 16 and is scheduled for one month
.
Baiyanhu Chemical has 10 sets of 40500KVA calcium carbide devices, and the limited power seriously affects the operation
of 4 units.
In the short term, calcium carbide supply remains relatively tight
.

Market quotation: the mainstream price of SG-5 in Changzhou market in East China is 9080 yuan / ton, -20
.

Warehouse receipt inventory: 1483 warehouse receipts, -0 sheets
.
Main positions: Top 20 long positions 287568, -3219, short positions 264072, -11967
.
Net increase
.

Summary: PVC operating rate fell month-on-month last week, and market supply decreased month-on-month, but it can be higher than the same period last year
.
At present, the large-scale maintenance of PVC production enterprises has ended, and there are fewer maintenance enterprises in the later stage, and the operating rate of the PVC industry as a whole shows a rebound trend
.
Formosa Plastics lowered its July cargo quotation, PVC downstream products enterprises are still differentiated, soft products are better than hard products
.
Affected by environmental protection restrictions and demand off-season, some continue to reduce the operating rate, and most profile enterprises in North China, East China, South China and Northwest China are at the lower middle starting level
.
Domestic PVC social inventories have decreased month-on-month, indicating that there is little pressure on production enterprises
.
The V2109 contract fell slightly during the day, and tomorrow focus on whether the support of the 8680 line is strong
.