PVC gradually stabilized and rebounded, and the center of gravity narrowly increased

In terms of market, the domestic PVC spot market performed generally, the atmosphere was calm, and the mainstream prices in various regions were
stable and small.
The price of upstream raw material calcium carbide weakened steadily, the ex-factory price of calcium carbide in Wuhai, Ningxia and other places was reduced, the purchase price in Shaanxi and Shanxi was reduced, and there were plans
to reduce the purchase price in some regions.
The relationship between calcium carbide supply and demand is tight, but due to the weak trend of PVC, to a certain extent, the calcium carbide market is dragged down, and there are still not many downstream arrivals, and it is expected that the downward adjustment space of calcium carbide prices will be limited, and the cost side will be relatively firm
.

With the new round of electricity price adjustment, especially the Mongolian electricity price in the calcium carbide supply area was reduced by 0.
11 yuan / kWh, the cost of calcium carbide has been profitable
.
Some companies have cancelled peak-avoidance production and increased supply
.
As of December 2, according to Longzhong sample size statistics, calcium carbide started 70%, up 5%
from last week.

Last week, the operating rate of PVC production enterprises reported 75.
47%, down 2.
44% month-on-month and 5.
50% year-on-year; PVC production decreased by 3.
22% month-on-month and 3.
51%
year-on-year.
With the decline in calcium carbide cost prices, PVC companies' operating load expectations have rebounded slightly this week, and market supply is expected to increase
.
Last week, the start of PVC downstream products enterprises was basically stable
.
The production of plates and soft products is acceptable, and the start of hard products is weak
.

Downstream market demand follow-up is insufficient, there is resistance to high-priced supplies, bargaining prices just need to purchase, traders respond to poor
transactions.
Orders from downstream product factories are general, production enthusiasm is not high, coupled with the decline in demand in the northern region in winter, PVC demand side support is weak
.
With the improvement of the arrival situation, PVC social inventory slowly rebounded, accumulating to 153,800 tons, a sharp increase of 120.
03%
compared with 69,900 tons in the same period last year.
After the market experienced a sharp rise and fall, PVC futures gradually stabilized, showing a range shock trend, and the center of gravity fluctuated
in the range of 8000-9000.