Supply:
Pvc Resin began to rise slightly. This week, the supply of stone stones is slightly tighter, and the downstream delivery is slightly tight, but it can basically guarantee production. PVC started in January, and it is expected to increase slightly. At the same time, the three new devices of Xinfa, Dragon, and Guangxi Huayi will mass production, and the market structure will be slightly more confession.
Demand side: downstream demand weakened. Some small and medium -sized downstream product companies have taken vacations one after another, and the rest will be vacated around January 10, and Pvc Resin Sg5 demand will be weakened further next week. At present, the preparation of stocking before the downstream festival
Rubber And Plastic is not high. If the price of raw materials declines, there may be a certain stock preparation intention in the downstream.
Inventory: Midstream of the cumulative warehouse. The spot market has just been maintained, the Northwest logistics transportation has gradually improved, and the growth rate of market inventory in East China and South China has accelerated.
The end of the basis: The basis difference
Ethylene-Vinyl Acetate slightly reduced. The overall increase in this cycle is even greater, and the foundation difference is slightly narrowed.
Strategy: The downstream
Boric Acid Flakes demand gradually enters the seasonal off -season, and the upstream construction is expected to improve. In January, the fundamentals of PVC gradually weakened. However, the real estate policy news was reported again during the week, and the building materials products had risen to varying degrees, but the spot failed to keep up with the rise. PVC still continued to fluctuate in the game of expectations and reality. In the short term, the fundamentals may still restrict the space above PVC and continue to pay attention to the later macro and real estate policy news.
Focus on: upstream profits and construction conditions, national macro and real estate policies.
