Daily Report: PVC Futures Market Trend - PVC Shocks Weak Fall
PVC spot market atmosphere followed weakness, the mainstream prices have been loose. Due to the relatively tight supply of spot goods, the adjustment range of PVC spot price is not large, and it is still in a high position, with deep rising futures. The enterprises in the main production areas have no inventory pressure for the time being, and the pre-sale orders are the main ones. However, in the later stage, the receipt of the pre-sale goods is not good, the mentality of the enterprises is affected, and the factory quotation is also reduced. The operation of the production unit is relatively stable, the starting level is gradually rising, and the starting level of carbide method reaches 80%. There is no maintenance plan in the later stage of the enterprise, the PVC operation rate will be further improved, and the shortage of goods supply will be alleviated to some extent. The main production area manufacturers have considerable profits and high production enthusiasm. However, the downstream market is not very receptive to the high price source, which is mainly for receiving goods just in need, and the intention of preparing goods is not high. In East China and South China, the start-up of large-scale product plants remained at about 80%, while in the north, the start-up of downstream plants was slightly reduced due to weather factors. Starting from the first ten days of January, some downstream factories will shut down for holidays, and the demand for PVC terminals is expected to decrease. With the increase of market arrival, PVC social inventory ended nearly half a year of continuous downward trend, showing signs of recovery. Although the purchase price of raw calcium carbide has been raised and the cost side has stabilized, the support is limited. With the increase of supply and the decrease of demand, PVC inventory is expected to accumulate, and the trend of futures tends to be weak, facing certain downside risks.
As the overall supply of goods in the spot market is still tight, although the price of PVC spot market is loose, it is still at a relatively high level at present, and the acceptance of the downstream market is not high. The price of PVC market in East China and North China is loose and downward, while the spot price in South China is still tight, with limited price reduction, and the transaction is relatively cold. The enterprises in the main production areas still focus on the pre-sale orders, but the situation of receiving orders is not good in the near future, the manufacturer's mentality is affected, and the factory quotation has been reduced.
PVC futures 2005 main contract in the daily level to analyze the previous two days up in the 20 day average position pressure and fall. At present, PVC 3 consecutive days of operation of the Yin line today again fell below 6500 integer gate position. This shows that the upper pressure is strong and the fundamental information is negative, so it is recommended to choose the short position below 6530 position in the day.
Always be an honest and objective person in the market, neither deceiving others nor self deceiving. We should sincerely talk with the market, love the market and learn to be a friend of the market. We should take protecting capital as the first goal, be brave to admit mistakes to the market, and not pay unnecessary losses for a misjudgment. The most important thing in the market is the ability to survive. As long as you live, you have a chance. Find fun in the process of trading. Always believe that you are the best. In the market, only you can control your own destiny. The atmosphere of PVC spot market is weakening, and the mainstream prices are loosening. Due to the relatively tight supply of spot goods, the adjustment range of PVC spot price is not large, and it is still in a high position, with deep rising futures. The enterprises in the main production areas have no inventory pressure for the time being, and the pre-sale orders are the main ones. However, in the later stage, the receipt of the pre-sale goods is not good, the mentality of the enterprises is affected, and the factory quotation is also reduced. The operation of the production unit is relatively stable, the starting level is gradually rising, and the starting level of carbide method reaches 80%. There is no maintenance plan in the later stage of the enterprise, the PVC operation rate will be further improved, and the shortage of goods supply will be alleviated to some extent. The main production area manufacturers have considerable profits and high production enthusiasm. However, the downstream market is not very receptive to the high price source, which is mainly for receiving goods just in need, and the intention of preparing goods is not high. In East China and South China, the start-up of large-scale product plants remained at about 80%, while in the north, the start-up of downstream plants was slightly reduced due to weather factors. Starting from the first ten days of January, some downstream factories will shut down for holidays, and the demand for PVC terminals is expected to decrease. With the increase of market arrival, PVC social inventory ended nearly half a year of continuous downward trend, showing signs of recovery. Although the purchase price of raw calcium carbide has been raised and the cost side has stabilized, the support is limited. With the increase of supply and the decrease of demand, PVC inventory is expected to accumulate, and the trend of futures tends to be weak, facing certain downside risks.
As the overall supply of goods in the spot market is still tight, although the price of PVC spot market is loose, it is still at a relatively high level at present, and the acceptance of the downstream market is not high. The price of PVC market in East China and North China is loose and downward, while the spot price in South China is still tight, with limited price reduction, and the transaction is relatively cold. The enterprises in the main production areas still focus on the pre-sale orders, but the situation of receiving orders is not good in the near future, the manufacturer's mentality is affected, and the factory quotation has been reduced.
PVC futures 2005 main contract in the daily level to analyze the previous two days up in the 20 day average position pressure and fall. At present, PVC 3 consecutive days of operation of the Yin line today again fell below 6500 integer gate position. This shows that the upper pressure is strong and the fundamental information is negative, so it is recommended to choose the short position below 6530 position in the day.