PVC futures prices fluctuated lower, and market supply decreased

News: 1.
Last week, the downstream start of domestic PVC showed a downward trend, of which the reduction of pipe production was particularly prominent, terminal procurement entered a relatively off-season, and the inventory of pipe factory products increased
.
Domestic PVC profile products enterprises have maintained stable work, and the overall change is not large, and enterprises in Xinjiang still maintain low loads
.
The operating load of the glove factory is about 50%, the raw material inventory of sample glove enterprises is gradually digested, the market supply is still relatively abundant, the enthusiasm of enterprises to stock up is limited, and the resistance to high prices is strong
.
2.
Today's calcium carbide spot price is basically stable, and the purchase price in the northeast region is 4995-4970 yuan / ton; The purchase price in Shanxi was reported at about 4,550 yuan, both unchanged
from yesterday.

Market quotation: the mainstream price of SG-5 in Changzhou market in East China is 9300 yuan / ton, -150
.

Warehouse receipt inventory: 8797 warehouse receipts, +0 sheets
.
Main positions: Top 20 long positions 263623, +272, short positions 240573, +946
.
Net excess decrease
.

Summary: India's epidemic is serious, demand is weakening, and due to the resumption of production of equipment suspended in the United States, export expectations are expected to increase, and Taiwan's June quotation of cargo is likely to be
lowered.
Domestic: PVC operating rate fell slightly last week, and market supply decreased
.
The operating rate of downstream enterprises is basically stable
.
However, export delivery orders have slowed down, and product companies are resistant to the high price of PVC raw materials, and the enthusiasm for stocking is not high
.
Last week, domestic PVC social inventories decreased month-on-month, indicating that there is not much
pressure on suppliers at present.
Today's black candlestick closed, the technical pattern weakened
slightly.