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    Home > Chemicals Industry > New Chemical Materials > PVC futures prices fluctuate at a high level in the short term, and many parties still have an advantage

    PVC futures prices fluctuate at a high level in the short term, and many parties still have an advantage

    • Last Update: 2022-12-22
    • Source: Internet
    • Author: User
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    On Thursday, the PVC V2109 contract reduced its position, and the futures price fluctuated at a high level, closing at 9335 on the day, +105 yuan from the previous trading day; Volume 239504 lots, open position 290659 lots, -6178, basis 260
    .

    PVC

    News: 1.
    Asian market prices rose this week, CFR China rose 50 at $1300 / ton, CFR Southeast Asia rose 50 at $1300 / ton, CFR India rose 30 at $1430 / ton
    .
    2.
    Ulanqab area and Wuhai are still often accompanied by indefinite time limit electricity, some enterprises have a complete outage, calcium carbide production is unstable, and the weekly loss in Inner Mongolia is 57,600 tons
    .
    Some enterprises in Ningxia and Shaanxi were affected by the dual control of electricity or energy consumption, and the overall weekly loss reduction was 11,400 tons
    .
    So far, power cuts in Inner Mongolia have not been eased
    .

    Market quotation: the mainstream price of SG-5 in Changzhou market in East China is 9300 yuan / ton, +20
    .

    Warehouse receipt inventory: 1045 warehouse receipts, -0 receipts
    .
    Main positions: Top 20 long positions 205519, -5403; short positions 188132, -7386
    .
    Net increase
    .

    Summary: PVC operating rates increased month-on-month last week, and PVC market supply increased
    .
    However, domestic PVC social inventories continued to decline month-on-month, indicating that the pressure on the supply side was not large
    .
    The start of PVC downstream products enterprises is basically stable, the start of soft products and sheets is relatively good, and the start of profiles, pipes and plates is declining
    .
    Most profile enterprises in North China, East China and South China are at the lower middle level, and the start of enterprises in Xinjiang has improved slightly
    .
    The V2109 contract fluctuated at a high level during the day, indicating that bulls still have an advantage
    in the short term.

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