PVC has risen sharply and high prices have forced downstream to turn into a wait-and-see attitude

The supply of calcium carbide is tight, and the price continues to rise, and the delivery price is close to 5500 yuan / ton; The cost of purchased calcium carbide enterprises has increased significantly, and their profits have fallen sharply and they are on the verge of loss, resulting in some PVC enterprises reducing their operating load; In the process of rising prices, the PVC basis narrowed significantly; And the downstream for the current high price and large fluctuations will have a certain resistance, the willingness to take goods will be reduced and may further reduce the start load, so there may be a certain downside risk in the follow-up, cautious chasing, low long single holding, unopened position is recommended to continue to wait and see
.

The loss caused by shutdown and maintenance this week was 23,280 tons, an increase of 02,550 tons from last week, with little change; the mainstream price of calcium carbide PVC in East China was 9130-9260 yuan / ton, and PVC ethylene method in East China was 9300-9300 yuan / ton; calcium carbide delivery price 5150-5390 yuan / ton; As of July 12, the total inventory of sample warehouses in East and South China was 142,950 tons, an increase of 2.
25 percentage points over the previous period and a year-on-year decrease of 45.
12 percentage points
.

As of July 15, the overall starting load of PVC was 81.
99%, down 2.
6 percentage points from the previous month; of which the calcium carbide PVC starting load was 83.
24%, down 2.
91 percentage points from the previous month; the ethylene PVC starting load was 77.
37%, down 1.
14 percentage points
from the previous month.