Introduction
Before the Spring Festival holiday, the overall atmosphere of the domestic Pvc Paste Resin market was acceptable, and most enterprises' inventory fell to a low level with a good mentality; On the first day after the festival, PVC Paste Resin enterprises did not offer much on their own initiative, and some closed their plates to wait and see, with sporadic attempts to boost the small rise.
Two weeks before the Spring Festival holiday, the price of domestic Pvc Paste resin hit the bottom and rebounded slightly. The terminal has high enthusiasm for goods preparation before the festival. Near the long Spring Festival holiday, the inventory of some paste resin enterprises fell to a low level, and even some enterprises still have orders that have not been returned, so the enterprise mentality is good. Pre festival market price reference: the delivered price of glove material in the market is 10400-11000 yuan / ton, and the delivered price of large plate material in the market is 10100-11000 yuan / ton.
During the Spring Festival, the domestic PVC paste resin trading basically stagnated, and the price hardly changed. The start-up of most domestic PVC paste resin enterprises changed little, with sporadic slight adjustments. Only one paste resin enterprise in East China temporarily stopped work during the festival, and the paste resin enterprises in some regions temporarily reduced the load, but the overall impact was small. On the first day after the festival, most PVC paste resin enterprises closed their offer temporarily, and only a few enterprises tried to increase their offer; After the festival, the terminals have resumed work one after another, but it still takes time for the full recovery of demand. Today, some buyers also made tentative inquiries, but the market trading is limited. After the festival, the market mainly focuses on the changes in supply, demand and raw materials:
Raw calcium carbide: during the Spring Festival holiday, the purchase price of some calcium carbide was reduced, the ex factory trade price remained stable, the ex factory trade price continued to be stable on the first day after the festival, and the purchase price in Shaanxi and Shanxi was reduced by 50 yuan / ton. The supply of goods is still unbalanced. The snowfall in the Northwest has a slight impact on transportation, and the overall wait-and-see atmosphere is strong.
Supply: a paste resin enterprise in East China temporarily stopped work during the festival, and it is planned to resume work in the first week after the festival; The workload of some enterprises has declined slightly during the festival, but the overall impact is small. It is expected that the commencement of most paste resin enterprises will not change much after the festival, and the inventory of most paste resin enterprises is low. Some orders still need to be returned, and the overall mentality of the enterprises is good.
Demand: some terminals will resume work after the festival, but it will take time for the overall demand to recover. The rise of PVC futures after the festival has slightly boosted the market mentality, and some of them still have procurement plans after the end of production Festival. Market enquiries and purchases are expected to increase in the first week after the festival.
To sum up, although it still takes time for the demand side to recover after the festival, most paste resin enterprises have worry free inventory and good mentality. It is expected that the offer of some paste resin enterprises may rise in the first week after the festival, which will boost the market atmosphere and stimulate shipments.
