The recent market macro expectations are strong, and there are no bright spots
in the fundamentals.
At the same time, PVC futures show a rising trend, under the mentality of buying up and not buying down, the enthusiasm of downstream replenishment is acceptable
Approaching the Spring Festival, downstream stocking has led to a decrease in PVC manufacturers' inventory and an increase in pre-sale orders, and the overall pressure on upstream enterprises is not large
Midstream traders have more pre-sales, and there are not many goods in hand, and the pre-sale volume should not be too large
In terms of news, 1.
The preliminary statistics of calcium carbide production in 2021 are 29 million tons, an increase of 0.
42% over 2020, and PVC still occupies the largest downstream demand
for calcium carbide.
The mainstream price in Ulanqab area is stable, the mainstream factory price is 4600-4650 yuan / ton, individual enterprises avoid peak production, and the output is all
The operating rate of PVC production enterprises this week was 75.
09%, down 0.
30% month-on-month and 7.
17% year-on-year; PVC production was 412,300 tons, down 0.
40% month-on-month and 7.
PVC downstream products enterprises are not good overall, hard products have entered the holiday state, soft products start is acceptable, only part of the burden
As of January 9, the domestic PVC social inventory was 165,500 tons, an increase of 18.
98% month-on-month and 7.
82% year-on-year; Inventories are expected to continue to increase
The V2205 contract was volatile higher, indicating that the bulls had the advantage
In terms of operation, it is recommended that investors can set a take profit in their hands and hold