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    Home > Chemicals Industry > New Chemical Materials > PVC fell slightly and there was pressure in the short term

    PVC fell slightly and there was pressure in the short term

    • Last Update: 2022-12-16
    • Source: Internet
    • Author: User
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    Market situation: PVC fell slightly, V1909 opened at 6865 yuan / ton, the highest reported 6880 yuan / ton, the lowest reported 6820 yuan / ton, closed 6855 yuan / ton, -0.
    44% from the previous trading day; Volume 203152 lots, -65646 lots; Position 368808 lots, -3734 lots
    .
    The basis is 25 yuan, -10 yuan, 9-1 spread 150 yuan, -5 yuan
    .

    PVC

    In terms of news, in early July, Northwest Inner Mongolia Yili, Xinjiang Zhongtai, Zhongyan Jilantai, Qinghai Salt Lake, Shandong Dongyue in Shandong region is in the maintenance period, but most of the factories are on rotation, and the average weekly operating rate of production enterprises is 75.
    23%, an increase of 3.
    91% from last week, and an increase of 0.
    79%
    over last year.

    In the spot market, the PVC market quotation in Hebei region was loosened
    .
    Downstream product enterprises received orders poorly, and the market transaction was weak
    .
    The price of Type 5 material including tax is delivered at 6730-6840 yuan / ton, and some lower and higher prices have also been heard
    .
    Yili 5 type factory factory 6620 yuan / ton including tax, Oriental Hope 5 type factory 6560 yuan / ton including tax, Inner Mongolia Sanlian 5 type 6450 yuan / ton including tax, Inner Mongolia Yihua 5 type 6500 yuan / ton
    including tax.

    Warehouse receipt inventory: the exchange warehouse receipt reported 2000 lots, which is in the historical median area, +0 lots
    within the day.
    Main positions: The top 20 long positions in the main contract are 135304 lots +91 lots, short positions are 142715 lots, -785 lots, and net long positions are -7411 lots, +876 lots
    .

    Summary: The peak period of equipment maintenance has a certain support
    for PVC prices.
    However, after a long-term rise, there are certain signs of overbought in the short term, which puts some pressure
    on the price.
    Technically, the trend of PVC1909 contracts has weakened, and there is pressure in the short term and support
    below.
    The median MACD flattened and the red column contracted
    .
    The KDJ indicator retreated from its high, indicating that the bears had the advantage
    .
    Operationally, it is recommended that investors hold short orders with caution
    .

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