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    Home > Chemicals Industry > New Chemical Materials > PVC cost support strengthens prices strengthen

    PVC cost support strengthens prices strengthen

    • Last Update: 2022-12-03
    • Source: Internet
    • Author: User
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    The PVC1609 contract opened at 5890, with a high of 5890, a low of 5785, and a close of 5810, down 10 from the previous session, or 0.
    17%.

    The volume decreased to 36,648 lots, and the open position decreased by 4,336 lots to 123,900 lots
    .

    PVC

    Raw material prices: 1, Japan naphtha CF Japan reported 356 yuan / ton, up 11; Naphtha FOB Singapore was trading at $37.
    39 a barrel, up 1.
    28
    .
    Ethylene CFR Northeast Asia was flat at $1095/ton, and CFR Southeast Asia was flat at $1035/ton.

    Spot market: The price of some domestic PVC spot market has risen.

    North China calcium carbide law reported 5560 yuan / ton, up 30; ethylene law reported 5840 yuan / ton, up 40; East China calcium carbide law reported 5700 yuan / ton, flat, ethylene method reported 5880 yuan / ton, flat
    .
    South China calcium carbide method reported 5660, flat, ethylene method 6010 tons, flat
    .
    The price of raw materials was basically flat, East China reported 2700 yuan, flat, and Northwest reported 2240 yuan, flat
    .

    News side: 1, Shandong Xinfa PVC quotation today continues to raise by 30 yuan / ton, calcium carbide method 5 type material is now implemented 5580 yuan / ton spot exchange self-pickup, the actual receiving price still has a small space for negotiation, the factory area 600,000 tons / year equipment is fully loaded, the factory inventory is slightly higher, the actual shipment situation is relatively average
    .

    Fundamentally, affected by environmental protection policies, calcium carbide supply is slightly insufficient, supporting the strengthening of prices, and further strengthening the support for PVC costs
    .
    Short-term PVC social inventory remains at a medium-low level, but the downstream is tepid, and the futures price is expected to remain range-bound
    .
    Technically, the PVC1609 contract closed down in volatility, testing support around 5750 below, testing the pressure at the 6000 mark above, and it is expected to maintain a strong oscillation in the 5750-5900 range in the short term, it is recommended to rely on the five-day line to go long
    .

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