PVC shrinkage and position reduction, futures price fell slightly

News: 1.
In April 2021, the national plastic products industry completed an output of 7.
069 million tons, a year-on-year increase of 9.
5%.

From January to April, the national plastic products industry completed an output of 24.
735 million tons, a year-on-year increase of 25.
0%.

From January to April, the cumulative operating income of plastic products manufacturers nationwide was 660.
73 billion yuan, a year-on-year increase of 32.
1%; The total profit was 38.
34 billion yuan, a year-on-year increase of 54.
9%.

2.
The "dual control" of energy consumption in Ulanqab area has affected the overall operating load of about 7-8%, and it has been strengthened from time to time, and the price of calcium carbide is firm, and the current factory price is 4600-4655 yuan / ton, and the enterprise shipments smoothly
.

Market quotation: the mainstream price of SG-5 in Changzhou market in East China is 9200 yuan / ton, +0
.

Warehouse receipt inventory: 5501 warehouse receipts, -200 sheets
.
Main positions: Top 20 long positions 283343, -4846; short positions 242326, -3966
.
Net excess decrease
.

Summary: PVC operating rates continued to rise slightly month-on-month last week, and market supply increased
.
Domestic PVC social inventories have decreased year-on-year, indicating that there is not much
pressure on suppliers at present.
The operating rate of downstream product enterprises has not changed much, only a few enterprises have a small decline, and the power cuts and the epidemic in South China still have an impact
on the start of local product enterprises such as Foshan and Dongguan.
Some enterprises said that the current sales of factory products are more difficult, domestic and foreign orders are under pressure, and some enterprises have no choice but to reduce the burden to ensure the balance
of product inventory.
The V2109 contract fell slightly during the day, and it is expected to maintain a range-bound pattern
in the short term.