PVC futures prices fell slightly Short-term prices have been at a high level

News: 1.
According to the latest data from the National Bureau of Statistics, the domestic calcium carbide production in October 2020 was 2.
414 million tons, a year-on-year increase of 5.
8%.

2.
The purchase price of calcium carbide in Northeast China was raised by 100 yuan / ton: the purchase price of Shenyang Chemical was reported at 4005 yuan / ton; The purchase price of Hangjin Technology was 3980 yuan / ton; The purchase price of Heilongjiang Haohua was reported at 4040 yuan / ton, and the arrival situation was general, and the order was honest
.

Market quotation: the mainstream price of SG-5 in Changzhou market in East China is 8150 yuan / ton, +50
.

Warehouse receipt inventory: 1045 warehouse receipts, -191 sheets
.
Main positions: Top 20 long positions 166456, -253; short positions 186890, -266.

Reduced
headroom.

Summary: In November, PVC has new installations and is planned to be put into production, and the operating rate of enterprises has increased, indicating that the market supply has increased
.
However, affected by the maintenance and temporary shutdown of overseas installations, the supply of PVC in Europe and the United States has decreased, the price trend is firm, Taiwan Formosa plans to raise the price of PVC in Asia, domestic calcium carbide prices continue to rise, and domestic PVC social inventories have decreased month-on-month, these factors have supported prices
.
But after continuous increases, short-term prices have been at a high level
.
In terms of operation, investors can set a take profit in the early stage and hold it cautiously, but it is not recommended to chase higher
.