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    Home > Chemicals Industry > New Chemical Materials > The macro market atmosphere has gradually improved, and the price volatility of PVC is strong

    The macro market atmosphere has gradually improved, and the price volatility of PVC is strong

    • Last Update: 2022-12-29
    • Source: Internet
    • Author: User
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    As of 12.
    1, PVC futures prices fluctuated strongly; the macro market atmosphere gradually improved; PVC operating load increased slightly; PVC sample warehouses decreased month-on-month, still high year-on-year; calcium carbide prices temporarily remained stable; downstream product starts remained stable; spot end transactions were general
    .

    PVC

    Futures market: As of 12.
    1, the main PVC closed at 6006 yuan / ton (+.
    .
    0.
    92%); Top 20 main long positions: 278632 (-3340) Short positions: 281496 (-13934); Net position: 2864 (-8603).

    Spot: as of 12.
    1 East China (calcium carbide method) quotation: 5980 yuan / ton (+20); South China (calcium carbide method) quotation: 6065 yuan / ton (+20).

    Blue charcoal: as of 12.
    1 days, Shaanxi 1322 yuan / ton (0).

    calcium carbide: as of 12.
    1 days North China 4175 yuan / ton (+10).

    PVC inventory slightly destocked but high year-on-year, inventory pressure is still large, PVC start recovery is still expected, external prices are low and there are low-price sources to impact the domestic market, downstream start changes are not obvious and gradually enter the seasonal off-season
    .
    However, the current macro continues to improve, market views are divergent, considering the timeliness of policy transmission, we believe that the space above the 01 contract is limited, and the real demand and price changes may be reflected in the 05 contract
    .
    The futures market is currently at the point of moving positions for months, and it is recommended to wait and see
    .

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