PVC main force low open low market is mainly based on just need procurement

News: 1.
In August 2019, PVC imports were 49,000 tons, the average import price was 870 US dollars / ton, and the cumulative import volume from January to August was 464,000 tons; the export volume in August was 38,000 tons, the average export price was 836 US dollars / ton, and the cumulative export volume was 375,000 tons
.

2.
Tianjin Dagu has reduced its load by less than 50% since the 24th, and previously maintained 70% load, and the supply is tight; LG reduced the load by 30% in the week before National Day; Suzhou Huasu plans to overhaul the year for one month
from mid-October.
Qingsong Jianhua was overhauled on September 17 and is expected to resume
after November.
Qinghai Yihua 16-day shutdown maintenance; Yinglite will be overhauled after the National Day, and Henan Shenma and Tangshan Sanyou are scheduled to be overhauled
in October.
Ulsan Hanwha Chemical's 305,000-ton-per-year plant was shut down for maintenance
from October 13 to 25.
Yangmei Xiyang began to stop in April and plans to resume in October; Yunnan Nanphos April shutdown has not yet resumed the plan; Hebei Shenghua, Yidong Dongxing parking; Salt Lake Haina, magnesium industry parking
.

Upstream raw material market: the mainstream price of calcium carbide market in northwest China is 3100 yuan / ton, 0; the mainstream price in North China and Shandong is 3295 yuan / ton, 0
.
The price of CFR Far East in the Asian VCM market is 720 US dollars / ton, 0; CFR Southeast Asia is 750 US dollars / ton, 0
.

Spot market: The PVC spot market is trading calmly
.
The mainstream price of SG-5 type East China spot market is 6720 yuan / ton, 0; the mainstream price of SG-5 in South China market is 6800 yuan / ton, 0
.

Warehouse receipt inventory: Exchange warehouse receipts reported 8534 lots, intraday -106 lots, in the historical high area
.

Main position: The top 20 long positions in the main contract are 135988 lots, -3833 lots, short positions are 115717 lots, -854 lots, and the net position is 20271 lots, net long decrease
.

Summary: Approaching the holiday, road security inspection is strengthened, calcium carbide transportation is cautious, or it forms a certain support
for costs.
This week, the operating rate of PVC enterprises has declined, social inventory continues to decline, and the current inventory pressure is acceptable
.
Affected by the weather, the operating load of some enterprises decreased slightly, and the supply side slightly supported
the price.
However, near the National Day, affected by the notice of restricted production in the Beijing-Tianjin-Hebei region in the downstream, it is expected that it will be difficult to start construction, and the enthusiasm for raw material procurement is general, mostly based on rigid procurement, and the demand is weak
.
V2001 main contract opened low to the downside, the price broke through the support of the moving average system downward, the MACD indicator red column turned to green column, and the price is expected to be weak and volatile
.