PVC futures prices fluctuate widely, and the market supply is still sufficient

News: 1.
In January 2021, vinyl chloride flooring materials were 459,900 tons, an increase of 38% year-on-year, mainly exported to the United States 247,900 tons and Canada 36,600 tons
.
In February, vinyl chloride flooring materials were 350,200 tons, an increase of 59% year-on-year, mainly exported to the United States 185,900 tons and Canada 30,100 tons
.
The total was 810,100 tons, an increase of 46.
57%
year-on-year.
2.
Recently, the overall dual control in Inner Mongolia continued to be strengthened, and there was a shutdown or load
reduction.
It is expected that calcium carbide supply will remain tight
.
Shandong Xinfa one calcium carbide device overhaul, opened 15 units
.
Century Ferroalloy plant discontinued
.
The Ulanqab area reduced the load by 25%-30%.

Ordos dropped 40,000 tons of load
.
A calcium carbide device in Inner Mongolia Junzheng began maintenance on March 23 and is planned for 60 days
.
Two Baiyan Lake were overhauled, and the maintenance was planned for 50 days
.
Sichuan Yibin Tianyuan calcium carbide equipment is all overhauled
.
Shuangxin Chemical began servicing a calcium carbide unit on March 23, planning for 40 days
.
Dongyuan Technology began overhauling a calcium carbide device on March 23, planning to take 20 days
.
Two calcium carbide devices in Ito Togyi were overhauled
for a short time.
Zhonglian Chemical operates
with reduced load.
Mengjin Chemical decreased by 50% load
.
Siling received a full stop notice
.

Market quotation: the mainstream price of SG-5 in Changzhou market in East China is 8700 yuan / ton, +120
.
Warehouse receipt inventory: 2478 warehouse receipts, -40 sheets
.

Main positions: Top 20 long positions 220546, +12661, short positions 196629, +12289
.
Net increase
.

Summary: The United States, Europe, Japan and South Korea have all stopped their installations, overseas supply is still tight, and Formosa Plastics has sharply raised its April shipping schedule quotation by $
300.
It also supports the price
.
Domestic: Inner Mongolia dual-control supply of telephone stones is tight, and the price is firm, which pushes up the production cost
of PVC.
The pre-sales of domestic enterprises increased by 23.
83%
month-on-month.
The start of domestic PVC downstream enterprises is basically stable, but the acceptance of new terminal orders is weak, resulting in downstream enterprises are not strong in willingness to take goods, and the resistance to high-priced goods is obvious
.
PVC social inventory increased slightly month-on-month, indicating that the current PVC market supply is still sufficient
.
It is recommended that investors operate in the range of 8500-8850
.