PVC数据日报-20250903

Report Summary 1) Report Industry Investment Rating - Not provided in the content 2) Core View of the Report - The overall trading of PVC powder in the domestic market was dull today. The prices of most markets rose slightly, with an increase of 10 - 15 yuan/ton. The PVC powder futures fluctuated slightly higher. Given the high uncertainty of macro - policies, it is recommended to stay on the sidelines [3] 3) Summary by Relevant Catalogs Coal and Related Products - The price of Q5500 coal on September 1, 2025, was 694, and on September 2, 2025, it was 693. The price of Shaanxi medium - sized blue charcoal remained at 660. The price of Inner Mongolia calcium carbide and Shandong calcium carbide remained unchanged at 2400 and 2730 respectively [3] Futures and Spot - The main continuous futures price decreased by 6, from 4894 to 4888. The price of East China SG - 5 remained at 4680, while the price of South China SG - 5 increased by 10 to 4770. The price of R - SG - 5 remained at 4730, and the price of Northwest SG - 5 decreased by 100 to 4420. The price of East China S - 1000 remained at 4950 [3] Basis - The basis in East China increased by 6 to - 208, the basis in South China increased by 16 to - 118, and the basis in another area (referred to as "卡求") increased by 6 to - 158 [3] Profit - The profit of Shandong calcium carbide method remained at - 889, and the profit of Inner Mongolia calcium carbide method decreased by 100 to - 668 [3] Outer Market - CFR China increased by 30 to 731, CFR Southeast Asia remained at 679, and FAS Houston decreased by 10 to 607 [3] Start - up Rate - The total start - up rate decreased by 1.59% to 76.02%. The start - up rate of the calcium carbide method increased by 0.44% to 77.25%, and the start - up rate of the ethylene method decreased by 6.64% to 72.95% [3] Inventory - The social inventory increased by 1.39 to 52.19. The inventory in East China increased by 1.34 to 46.36, and the inventory in another area (referred to as "夜南") increased by 0.05 to 5.83 [3]