The Price Of PVC Shoes Is Higher Than The Price Of &Nbsp.

Dalian PVC futures On the 11 day, it opened up and left low. The main contract 1201 contracts closed 6805 yuan / ton, or 85 yuan. PVC shoe material spot market Quotation Flat, shipments are still not smooth. Market prices have remained stable for a while, but the turnover has not changed. The downstream factories are obviously restricted by capital and orders, and generally start small businesses. Adequate supply of goods still takes a long time to digest.

　 PVC cost support no longer

Although the price of PVC shoe materials has shown signs of weakness this year, the price of calcium carbide has been strong this year since last year's energy saving and emission reduction has pushed the price of calcium carbide to the 4 prefix era. Due to the continuous impact of energy conservation and emission reduction, the capacity of calcium carbide has been reduced, and the overall situation has shown a tight balance. After the first quarter, the price of calcium carbide in East China and Southern China was maintained at around 4200 yuan / ton, and the northwest origin price fluctuated near 3800, and the spread was basically reasonable. Throughout September, calcium carbide is in a tight supply situation. The pressure of manufacturers' inventory is relatively small, and the market price is rising steadily. However, due to the poor PVC market in the downstream, PVC enterprises are unable to bear the high price of calcium carbide. After a series of overhauls, calcium carbide enterprises only cut the factory price 50-100 yuan / ton at the end of the month.

After the fall in early August, futures The price is already in the cost line of the main carbide company (except the northwest). After the fall in September, futures prices below the cost of more than 600 yuan / ton, and spot prices are already under the cost. The recent rise in caustic soda prices adds to the PVC price. In the first half of the year, under the influence of the Japanese earthquake, the domestic caustic soda had a glorious period, when the price was over 3000 yuan / ton. Subsequently, caustic soda has come down, but since August, the domestic caustic soda market has picked up again. If the comprehensive calculation of PVC and caustic soda, chlor alkali enterprises still make profits.

At present, the coal market is still expected to continue strong, coupled with capacity constraints, consumption of calcium carbide prices may still be maintained at 4000 yuan / ton, which for PVC will form a certain cost support. The rising price of caustic soda has "broken" the support of calcium carbide to a certain extent, and opened the downward space of PVC price. For a manufacturing enterprise, it is the best way to achieve a single product profit for all kinds of products; if not, realize the integration. profit In fact, it is not impossible. Demand is unlikely to improve in the short term.

By the end of September, 9 million 860 thousand sets of affordable housing had been launched nationwide, only one step away from the 10 million set of plans, and many provinces and cities had already completed the plan. It seems that there is no suspense in completing the construction of affordable housing this year. However, the demand for PVC for the affordable housing has a certain lag effect. According to the statistics of the progress of the construction, the larger demand in the first quarter of 2012 will be difficult to produce substantial support for this year.

　　 Short positions increase, futures difficult to rise

From the futures market, PVC turnover has been 4-5 hands / day, and the position is quite similar, speculative power is quite weak. And many listed PVC enterprises clearly indicated that they were already involved in futures trading. Some of the unlisted enterprises were also involved in the futures market, while the downstream products enterprises were not in an ideal position. In the futures market where there is no main force and multi support, the gap between the two sides is quite different. The scattered bulls can not resist the strong offensive of spot short positions. I believe that as long as empty positions do not take the initiative to leave, PVC's decline has not ended, the so-called cost support is also broken up in the rising price of caustic soda.

On the operation, it is suggested to take the idea of oscillating to be empty. The center of gravity of the main contract v1201 is about 7000 yuan. If a breakthrough is made, a short position will be added.