Cost support weakened PVC volatility fell

Raw material prices: 1, Japan naphtha CF Japan reported 490.
12 yuan / ton, up 10.
87; naphtha FOB Singapore reported 53.
31 US dollars / barrel, up 1.
14
.
ethylene CFR Northeast Asia 1165 US dollars / ton, up 15; CFR Southeast Asia was trading at $1,040 a tonne, up 5
.

Spot market: The price of some domestic PVC spot markets is mixed
.
North China calcium carbide law reported 6050 yuan / ton, down 60; ethylene law reported 6400 yuan / ton, down 20; East China calcium carbide law reported 6150 yuan / ton, down 50
.
South China calcium carbide method reported 6150 yuan / ton, down 30, ethylene method 6600 tons, down 50
.
The price of raw materials was basically flat, East China reported 3,000 yuan, flat, and Northwest reported 2,600 yuan, flat
.

News side: 1, Shandong Xinfa PVC price reduction, range 80-100 yuan / ton
.
The calcium carbide method 5 type material is subject to a cash withdrawal of 5920 yuan / ton, and large orders can be discounted
.
The 600,000 tons/year unit in the plant area is fully loaded, and the shipment situation is average
.

PVC enterprise maintenance postponed, operating rate maintained at the middle and upper level, resulting in greater market supply pressure, poor willingness to receive goods downstream, lower quotations of enterprises, coupled with real estate regulation, causing greater pressure on the market, upstream coal decline, weakened
cost support.
Technically, the PVC1709 contract fluctuated down, short-term lower test of support around 5900, upper test of pressure around 6100, short-term or maintain weak shock, it is recommended to back the five-day line short short
.