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    Home > Chemicals Industry > New Chemical Materials > PVC volume increased position, futures price lower and higher

    PVC volume increased position, futures price lower and higher

    • Last Update: 2022-12-19
    • Source: Internet
    • Author: User
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    On August 20, the PVCV2101 contract increased its intraday position, and the futures price went higher, closing at 6685 on the day, +55 yuan from the previous trading day; Volume 144526 lots, open position 186791 lots, +3646, basis -55
    .

    PVC

    News: 1.
    The price of the Asian market rose by $20/ton during the week, at $865/ton CFR China, $875/ton CFF Southeast Asia, and $915/ton CFR India
    .
    2.
    The profit of calcium carbide method in East China was 634 yuan / ton during the week, down 232 yuan / ton from last week; The ethylene profit was 250 yuan / ton, down 15 yuan / ton
    from last week.

    Market quotation: the mainstream price of SG-5 in Changzhou market in East China is 6530 yuan / ton, +30
    .

    Warehouse receipt inventory: 427 warehouse receipts, +0
    .

    Main positions: Top 20 long positions 129233, +25332; short positions 140040, +27144
    .
    Increased
    headroom.

    Summary: The increase in PVC prices in Asia has supported the domestic market
    .
    The upstream leading manufacturers Wuhai Chemical, Inner Mongolia Junzheng, Shaanxi Beiyuan, and Xinjiang Zhongtai plan maintenance in August, and it is expected that the market supply will be reduced, and the pressure on the supply side will not be large
    .
    Imports rose sharply in June and domestic supply increased
    .
    In terms of demand, PVC social inventory continued to fall, indicating that PVC downstream demand is still good, which supports the price of PVC
    .
    In terms of operation, it is recommended that investors can set a take profit in their hands and hold
    them cautiously.

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