PVC shrinkage and position reduction, and the futures price is narrowly sorted

News: 1.
Yili Jianneng Co.
, Ltd.
Dalat Branch has a total of 12 sets of 42000*4+30000*8 calcium carbide devices are fully open, and the limited electricity affects the insufficient start of operation, and all calcium carbide is currently used
by itself.
2.
In October 2020, China's EDC imports were 05,000 tons, down 64.
05% year-on-year and 62.
12% month-on-month; From January to October 2020, the cumulative import volume of EDC was 379,900 tons, an increase of 147.
99%
year-on-year.
In October 2020, China's EDC export volume was 29.
15 tons
.
In October 2020, China's VCM imports were 63,100 tons, down 9.
91% year-on-year and 36.
33% month-on-month; From January to October 2020, the cumulative import volume of VCM was 812,000 tons, an increase of 5.
7%
year-on-year.
In October 2020, China's VCM export volume was 06,000 tons
.

Market quotation: the mainstream price of SG-5 in Changzhou market in East China is 8650 yuan / ton, +50
.

Warehouse receipt inventory: 561 warehouse receipts, -0 receipts
.

Main positions: Top 20 long positions 171016, +427, short positions 182646, -52158819
.
Reduced
headroom.

Summary: In December, PVC has new installations and production plans, and the company's maintenance equipment has decreased, and the market supply is expected to increase
.
However, affected by the maintenance and temporary shutdown of equipment in Europe, the United States, South Korea and Japan, the supply of PVC in Europe, the United States, South Korea and Japan has decreased, the price trend is firm, Taiwan Formosa plans to raise the price of PVC in Asia, the domestic calcium carbide price continues to rise, and the domestic PVC social inventory has decreased month-on-month, these factors have supported the price
.
In terms of operation, investors can set a take profit in their hands and hold
them cautiously.