On December 20,
Pvc Resin futures showed a downward trend as a whole. As of the closing main contract, it was reported at 6275 yuan, a slight decrease of 0.43%. In terms of supply, Mizuki Period pointed out that last week's PVC operating rate was 70.8%(+0.2%). It maintained nearly 70%in the past 5 weeks. After the maintenance, 20-3 % of the low load was maintained, and 4 more devices were liable. In December, the maintenance of the next week was over, and Qinzhou Huayi 400,000 tons and 400,000 tons of Julong Chemical completed the qualified product production at the end of November.
In terms of demand, Founder's
Rubber And Plastic medium -term futures analysis stated that when entering winter, the demand for downstream terminals has weakened. East China, South China, and North China product factories have declined to varying degrees, and PVC just needs to be reduced.
In terms of exports, overseas demand is weak, and Pvc Resin Sg5 exports are still difficult to increase significantly.
Looking forward to the market outlook, Hengtai Futures stated that PVC demand continued to weaken during the year. The traditional peak season of gold, silver and ten, has not clearly boosted downstream demand; infrastructure projects start slowly. Terminal demand is weak and inventory is slow. It is expected that the short -term PVC market will maintain a wide range of shocks. Operation strategy: empty operation.
