PVC futures prices rose slightly, and downstream consumption enthusiasm weakened

News: 1.
Taiwan Formosa Plastics took the lead in announcing the export order price in February, and in view of the increase in export costs, the CIF price of PVC increased by $30/ton
compared with January.
Since December, the supply capacity of China's PVC market has increased significantly, especially the reduction of maintenance enterprises, and the output of new enterprises has begun to be steadily launched
.
On the demand side, in the middle of the year, unstable factors such as power cuts, epidemics, cold waves and the arrival of the northern off-season, demand began to weaken, and China's PVC market prices fell sharply
.

Market quotation: the mainstream price of SG-5 in Changzhou market in East China is 7250 yuan / ton, +130
.

Warehouse receipt inventory: 12801 warehouse receipts, +0 sheets
.
Main positions: Top 20 long positions 302985, -5840, short positions 275808, +7135
.
Net increase
.

Summary: PVC plant maintenance decreased, the operating rate of Gulf Chemical and Yantai Wanhua increased, and the market supply increased
.
Last week, social inventory decreased by 4.
82% month-on-month and 5.
74% year-on-year; Downstream demand With the approach of the Spring Festival and the impact of public health events, the enthusiasm of downstream goods has weakened
.
The future market focuses on the progress of downstream enterprises' Spring Festival preparation, and the future market focuses on whether the pressure on the 7320 line can be broken
.