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    Home > Chemicals Industry > New Chemical Materials > PVC increased positions to the upside, indicating that the bulls took the initiative

    PVC increased positions to the upside, indicating that the bulls took the initiative

    • Last Update: 2022-12-16
    • Source: Internet
    • Author: User
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    Market situation: On April 30, PVC increased its position upward, V1909 opened at 6920 yuan / ton, the highest was 7045 yuan / ton, the lowest was 6920 yuan / ton, and the close was 7045 yuan / ton, +1.
    73% from the previous trading day; Volume 350320 lots, +12402 lots; Position 536936, +18428 lots
    .
    Basis -75 yuan, -105 yuan, 9-1 spread 175 yuan, +30 yuan
    .

    PVC

    News: calcium carbide prices continued to fall to around 2900 yuan / ton this week, and the flake alkali stopped falling and rebounded, the current price of flake alkali in Inner Mongolia has reached 3300 yuan / ton, and the PVC profit of the Inner Mongolia integrated device is about 700, so from the perspective of chlor-alkali balance, the entire integrated chlor-alkali enterprise is currently very profitable, but the profit of Shandong foreign purchase of calcium carbide is still near
    the cost line.

    Spot market: PVC futures in Fujian rose, market prices rose, Sanlian 7000 yuan / ton, Dongxing 7050 yuan / ton, Yili 7100 yuan / ton
    .
    The PVC trading atmosphere in Linyi market is acceptable, the price is stable within the day, and the 5-type material is not reported 6450-6500 yuan / ton without tax, the supply is tight, and the downstream just needs to be purchased
    .

    Warehouse receipt inventory: Exchange warehouse receipts reported 0 lots, in the historical low area, stable
    intraday.
    Main positions: The top 20 long positions in the main contract are 177267 lots, +8779 lots, short positions are 189577 lots, +8164 lots, and net long positions are -12310 lots, +615 lots
    .

    Summary: Environmental protection inspection strictly suppresses prices, but the Ito Dongxing accident and the decline in social inventory have produced certain support
    for PVC prices.
    Technically, PVC1909 fluctuated higher, trading volume increased, and positions rose
    sharply.
    The main position shows that the strength of the long position increase is greater than the strength of the short position, and the long party has the advantage
    .
    On the indicator, MACD rose slightly, the red bar elongated, and the KDJ indicator oscillated to the upside, indicating that the bulls took the initiative
    .
    Operationally, investors can hold long orders with caution
    .

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