Short-term fundamentals are weak PVC prices are difficult to rise sharply

Futures market: as of 1.
3 days, the main PVC closed at 6325 yuan / ton (+0.
99%); Top 20 main long positions: 374238 (+16225) Short positions: 453454 (+9208); Net short position: 79216 (-10926).

Spot: as of 1.
3 days East China (calcium carbide method) quotation: 6170 yuan / ton (+20); South China (calcium carbide method) quotation: 6250 yuan / ton (+20).

Blue charcoal: as of 1.
3 days, Shaanxi 1366 yuan / ton (0).

calcium carbide: as of 1.
3 days, North China 410 yuan / ton (+30).

Due to the impact of the cold wave in the United States, the sentiment of Indian buyers has been ignited again, and exports have increased significantly
.
Follow-up needs to pay attention to the sustainability of its exports; The fundamentals of PVC itself have not changed much, from the current supply and demand point of view, short-term or suppress the price of the height; However, attention needs to be paid to changes in macro expectations and expectations
of economic recovery following changes in public health response policies.
Long-term expectations remain positive, but will take time to falsify; In the short term, the fundamentals are weak, and it is difficult for prices to rise sharply; It is recommended to wait and see
.