Before the Spring Festival this year, PVC market is not expected to produce stock market.
The inventory increase during the Spring Festival holiday in 2020 may be lower than that in 2019, and the price trend of PVC is expected to be better after the Spring Festival. Recently, the weather is bad, the transportation is not smooth, and the price of calcium carbide is rising.
At present, the weather factors driving the price rise of calcium carbide have not been eliminated, and there are not many downstream maintenance devices, so the strong price of calcium carbide has not ended.
To sum up, from the perspective of inventory changes, PVC prices will be depressed before and after the Spring Festival. Because of the obvious discount of futures, it has digested certain negative. Once it is close to the cost line, it can arrange multiple orders in batches at a low level.
Post time: Jan-22-2020