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    Home > Chemicals Industry > New Chemical Materials > There is still pressure above PVC in the short term as a weak shock

    There is still pressure above PVC in the short term as a weak shock

    • Last Update: 2023-02-02
    • Source: Internet
    • Author: User
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    As of 1.
    4 days, the price of PVC futures is weakly running; the PVC operating rate on the supply side has increased; PVC downstream product enterprises have been on holiday, just need to turn weak; the spot end purchase high price resistance; calcium carbide market prices are temporarily stable, and local areas have launched price increase plans
    .

    PVC

    Futures market: as of 1.
    4 days, the main force of PVC closed at 6239 yuan / ton (-1.
    36%); Top 20 main long positions: 380155 (+12743) Short positions: 463242 (+14762); Net short position: 83087 (+3871).

    Spot: as of 1.
    4 days East China (calcium carbide method) quotation: 6150 yuan / ton (-20); South China (calcium carbide method) quotation: 6230 yuan / ton (-20).

    Blue charcoal: As of the 14th, Shaanxi 1366 yuan / ton (0).

    calcium carbide: as of 1.
    4 days North China 410 yuan / ton (0).

    From the current PVC fundamentals, there is still pressure above PVC, supply-side PVC starts are rising, and downstream starts before the Spring Festival are still in a weak stage, and fundamental PVC is not driven
    upward.
    There are still positive expectations in the macro, but it will take time for real estate recovery to be transmitted to the end, and it may be regarded as "weak shock" in the short term, and it is recommended to wait and see
    .

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