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    Home > Chemicals Industry > New Chemical Materials > PVC futures prices fluctuate strongly, and the raw material end gives strong support

    PVC futures prices fluctuate strongly, and the raw material end gives strong support

    • Last Update: 2022-12-26
    • Source: Internet
    • Author: User
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    As of 10.
    10, the price of PVC futures fluctuated strongly; the load of PVC started increased; calcium carbide procurement prices rose, and some regions continued to propose price increase plans; favorable real estate policies continued to increase; the demand side gradually entered the end of the seasonal peak season; the overall social inventory was high
    .

    PVC

    Futures market: as of 10.
    10, the main force of PVC closed at 6241 yuan / ton, up 0.
    92% from the previous month; Top 20 main long positions: 370670 (+17381), short positions: 428235 (+25552), net short positions: 57564 (+3781).

    Spot and enterprise dynamics: as of 10.
    10, East China (calcium carbide method) quotation: 6450 yuan / ton (-40); South China (calcium carbide method) quotation: 6525 yuan / ton (-85); Taizhou Liancheng 600,000 tons of PVC plant started about 60%, and the quotation was stable
    within the day.
    Spot remittance price: US65, US60 at 6800 yuan / ton, US70 at 6900 yuan / ton, actual order negotiation is the mainstay; Ningxia Yinglite's 220,000-ton PVC type plant started at full load and has a certain amount of inventory
    .
    The intraday quotation is stable, the factory quotation of type 5 calcium carbide acceptance is 6200 yuan / ton, and the factory quotation of type 3 calcium carbide acceptance is 6400 yuan / ton
    .

    Basis: As of 10.
    10, South China basis +53; East China basis +63; basis slightly strengthened
    .
    Upstream raw materials: as of 10.
    10, the quotation of North China calcium carbide was 4150 yuan / ton, which was unchanged from the previous day's price; Shaanxi Lanchar quoted 1640 yuan / ton, up 64 yuan / ton
    from the previous day.

    Affected by the increase in international crude oil and domestic calcium carbide prices during the holiday, PVC fluctuated
    strongly.
    During the National Day period, the operating rate of the PVC industry increased, but the willingness of downstream product enterprises to chase up was not strong, and some enterprises maintained a relatively high level of upstream inventory and social treasury due to factors such as low-cost stocking before the holiday and holiday epidemic control
    .
    Although a package of real estate was introduced before the holiday, it will take time for the policy to be transmitted
    .
    Fundamentals are expected to be further gluted
    as supply picks up.
    However, it is worth noting that the current calcium carbide price center of gravity has further moved up, and calcium carbide enterprises have started at a low level
    .
    Combined with the reduction of PVC enterprise maintenance, it has further led to a tight
    supply of calcium carbide.
    In the short term, the raw material end gives strong support
    to PVC prices.

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