PVC futures prices soared and fell back to tepid market demand

News: 1.
On August 19, Yinglite announced that since 2012, 6 internal combustion calcium carbide furnaces have been shut down, and after shutting down 4×20000KVA internal combustion calcium carbide furnaces this time, the company's internal combustion calcium carbide furnaces have all been shut down
.
At present, 2×30000KVA closed calcium carbide furnace is in operation, with a production scale of 110,000 tons / year, and the calcium carbide consumption gap after this shutdown is purchased
through the market.
2.
On August 26, 2021, the power limit in Inner Mongolia is indefinite, and the current power rationing has improved, and the market start is
increasing.
The mainstream ex-factory price in Ulanqab area is 5350-5405 yuan / ton, and the mainstream ex-factory price in Wuhai is 5400-5500 yuan / ton, and the actual transaction is mainly
negotiation.

Market quotation: the mainstream price of SG-5 in Changzhou market in East China is 9450 yuan / ton, -0
.

Warehouse receipt inventory: 1147 warehouse receipts, -0 sheets
.
Main positions: Top 20 long positions 300036, +975, short positions 273577, -3121
.
Net increase
.

Summary: PVC operating rate decreased month-on-month last week, and PVC market supply decreased
.
Domestic PVC social inventories have rebounded month-on-month, but are still lower than the same period last year
.
Last week, PVC downstream products enterprises did not change much, and demand was tepid
.
Among them, the start of soft products and medical products is relatively acceptable, and the start of hard products enterprises such as profiles, pipes and plates is at a relatively low level, and some enterprises indicate that terminal orders are insufficient
.
The recent sharp rise in coal has provided some support
to prices.
The V2201 contract fluctuated lower during the day, and the market paid attention to the support of the 9150 line
.
In terms of operation, investors can take profit at a high and take profit in their hands.