echemi logo
  • Product
  • Supplier
  • Inquiry
    Home > Chemicals Industry > New Chemical Materials > PVC shrinkage increased position, and the futures price rose slightly

    PVC shrinkage increased position, and the futures price rose slightly

    • Last Update: 2022-12-20
    • Source: Internet
    • Author: User
    Search more information of high quality chemicals, good prices and reliable suppliers, visit

    On Tuesday, the PVC V2101 contract contracted and increased its position, and the futures price rose slightly, closing at 6810 yuan on the day, +105 yuan from the previous trading day; Volume 150816 lot, position volume 221095 lot, +10055, basis 210


    News: 1.
    Last week (October 19-October 25), the outbound volume of 24 domestic PVC enterprises reached 188,700 tons, down 12.
    27% from the previous cycle, and the weekly output of 24 enterprises reached 182,400 tons, down 10.
    from the previous cycle.
    The main reason is that some enterprises have been overhauled and the operating rate has declined
    Longzhong data shows that PVC imports in September 2020 were 78,500 tons, down 34.
    61% month-on-month, an increase of 108.
    14% in the same period, and a total of 810,000 tons from January to September, an increase of 63%
    over the same period last year.
    PVC exports in September were 32,790 tons, an increase of 9.
    3% month-on-month and a year-on-year decrease of 19.
    24%; From January to September, the cumulative export was 340,000 tons, down 16%
    from the same period last year.

    Market quotation: the mainstream price of SG-5 in Changzhou market in East China is 7020 yuan / ton, +70

    Warehouse receipt inventory: 1719 warehouse receipts, -40 sheets

    Main positions: Top 20 long positions 150761, +7667, short positions 155672, +8633

    Summary: After entering the middle and late October, PVC has a new device and a production plan, and it is expected that the supply will gradually increase in the later period to form a certain suppression
    of the price.
    However, due to the maintenance of overseas equipment, the price of VCM in Europe and the United States has risen sharply, and the price trend of overseas PVC has also remained firm, and Formosa Plastics' increase in PVC prices in November has also supported the price, in addition, the domestic PVC social inventory has decreased month-on-month this week, these factors have supported
    the price.

    This article is an English version of an article which is originally in the Chinese language on and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.

    Contact Us

    The source of this page with content of products and services is from Internet, which doesn't represent ECHEMI's opinion. If you have any queries, please write to It will be replied within 5 days.

    Moreover, if you find any instances of plagiarism from the page, please send email to with relevant evidence.