echemi logo
Product
  • Product
  • Supplier
  • Inquiry
    Home > Chemicals Industry > New Chemical Materials > The market wait-and-see atmosphere is strong, and PVC is running in shock as a whole

    The market wait-and-see atmosphere is strong, and PVC is running in shock as a whole

    • Last Update: 2022-12-25
    • Source: Internet
    • Author: User
    Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com

    As of 8.
    2, due to market concerns about OPEC's sharp increase in production, crude oil is running weakly; and due to the tension between China and the United States and the Taiwan Strait, the market has a strong wait-and-see atmosphere, and the overall shock operation
    of PVC.
    Recently, PVC fundamentals have not changed much, terminal demand recovery is limited, caution just needs to replenish, and the market pays more attention to the interpretation of the situation in the
    Taiwan Strait.

    PVC

    As of 8.
    2, the main PVC closed at 6836 yuan / ton (+0.
    13%); Top 20 main long positions: 277530 (-3414), short positions: 288230 (-10826), net short positions: 10700 (-9150).

    Spot market: as of 8.
    2 days East China (calcium carbide method) quotation: 6880 yuan / ton (0); South China (calcium carbide method) quotation: 6965 yuan / ton (0).

    Blue charcoal: as of 8.
    2 days, Shaanxi 1368 yuan / ton (-50).

    calcium carbide: as of 8.
    2 days North China 4425 yuan / ton (0).

    From the perspective of PVC fundamentals, inventory has not changed much, downstream procurement enthusiasm is not high, wait-and-see intention is strong, and the overall transaction atmosphere is flat
    .
    The market is not obviously driven by benefits, and the market trades more external events
    .
    Pay close attention to the situation in the Sino-US Taiwan Strait and the domestic real estate data in the short term
    .
    Be cautious about PVC early rebounds
    .

    This article is an English version of an article which is originally in the Chinese language on echemi.com 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 service@echemi.com. 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 service@echemi.com. It will be replied within 5 days.

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