PVC low open high go It is recommended to try light short and long

Raw material prices: 1, Japan naphtha CF Japan was at $530.
75 / ton, up 3.
5; naphtha FOB Singapore was at $57.
84 / barrel, up 0.
7
.
ethylene CFR Northeast Asia 1295, flat; CFR Southeast Asia was flat at $1160/mt
.

Spot market: The price of some domestic PVC spot market is basically flat
.
North China calcium carbide law reported 6830 yuan / ton, down 80; ethylene law reported 6900 yuan / ton, down 50; East China calcium carbide method reported 6650 yuan / ton, flat, ethylene method 7220 yuan / ton, flat; South China calcium carbide method 6750, up 20, ethylene method 7120, down 160
.
The price of raw materials was basically flat, with East China reporting 3550 yuan, flat, and Northwest reported 3080 yuan, flat
.

News: 1.
Shandong Xinfa 600,000 tons/year PVC plant is normal, and the return order is the mainstay
.
Today's latest quotation, calcium carbide method 5 type factory implementation 6670 yuan / ton spot exchange, more than 200 tons of preferential 20 yuan / ton
.
2.
Inner Mongolia Yidong Dongxing Chemical has an annual production capacity of 300,000 tons/year PVC plant and stopped for maintenance on October 15, and the maintenance is 5-6 days
.
Type 5 calcium carbide is not quoted for the time being, and the reference price is 6500 yuan / ton acceptance
.

Summary: In the short term, affected by environmental protection and the winter in the north, the overall demand is less than expected, coupled with the increase in supply, the spot price of PVC has been suppressed to a certain extent, but the upstream calcium carbide raw materials are strong and boosted, limiting the downward space
of the futures price.
Technically, PVC1801 contract opens low and goes high, short-term below focus on support around 6300, above focus on pressure around 6700, it is recommended to try light short long around 6300, stop loss 6200
.