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    Home > Chemicals Industry > New Chemical Materials > PVC futures prices may remain weak

    PVC futures prices may remain weak

    • Last Update: 2023-01-04
    • Source: Internet
    • Author: User
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    As of 11.
    17, the price of PVC futures was weak and volatile
    .
    Real estate is expected to improve, and the effect of policies remains to be seen; The raw material end calcium carbide started at a low level, and the price remained stable; The futures basis has converged; some low-priced imports flowed in; Orders for downstream products enterprises are general
    .

    PVC

    Futures market: as of 11.
    17, the main PVC closed at 5838 yuan / ton (-1.
    52%); Top 20 main long positions: 407264 (-3656) Short positions: 418620 (-149); Net position: 11356 (+3788).

    Spot: as of 11.
    17 East China (calcium carbide method) quotation: 5950 yuan / ton (-30); South China (calcium carbide method) quotation: 6050 yuan / ton (-25).

    Blue charcoal: as of 11.
    17, Shaanxi 1534 yuan / ton (-24).

    calcium carbide: as of 11.
    17 North China 3990 yuan / ton (0).

    PVC social inventory digestion speed is slow, but the demand side is difficult to show the inflection point, and the subsequent gradually into the off-season, the market is still facing greater pressure, while facing the impact of low-price import sources in the short term, the fundamental situation has not changed
    .
    Although there are frequent policy supports in real estate, the terminal effect still needs to be observed; Combined with inventory and supply and demand, PVC futures prices may maintain a weak operating state
    .

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