PVC fell slightly to maintain a weak shock format

News: 1.
The second phase of the 2.
3 billion yuan investment of Xiangmine Ruiheng Chemical with an annual output of 600,000 tons of polyvinyl chloride began trial production around January 25, and the current caustic soda trial operation is 200,000 tons, and the daily output of 30 alkali is more than 100 tons
.
2.
Shandong high-speed dangerous vehicle Spring Festival ban time: February 14 19 o'clock - February 22 6 o'clock
.

Price: International naphtha prices have retreated
.
CF Japan was at 581.
88t, down $20.
5, and FOB Singapore was at $63.
4 a barrel, down $
2.
28.
Ethylene market remained stable, CFR Northeast Asia 1320; CFR Southeast Asia was trading at $1220/mt, both unchanged
from yesterday.
Domestic calcium carbide also remained stable, East China calcium carbide reported 3420 yuan, flat, Northwest calcium carbide reported 3150 yuan, flat
.

Spot market: The price of some domestic PVC spot market is basically stable
.
North China calcium carbide law reported 6550 yuan / ton, flat; ethylene law reported 6770 yuan / ton, unchanged; East China calcium carbide method reported 6650 yuan / ton, flat, ethylene method 7050 yuan / ton, flat; South China calcium carbide method 6720, down 30 yuan, ethylene method 7000, flat
.

Approaching the Spring Festival, the number of holiday enterprises in the downstream market increased, the enthusiasm of market participation weakened, and the demand for pre-holiday stocking tended to end; On the supply side, the maintenance of the plant was relatively small, and the operating rate recovered
.
The fundamentals are intertwined with long and short, and short-term shock adjustment is the mainstay
.

Technically, the PVC1805 contract fell slightly, the KDJ indicator continued to decline, MACD was still closer to the central axis, and it is expected that the weak shock format will remain in the short term, and the support around 6650 is paid attention to below, and it is recommended to wait and see
for the time being.