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    Home > Chemicals Industry > New Chemical Materials > PVC morning review on July 8

    PVC morning review on July 8

    • Last Update: 2022-12-02
    • Source: Internet
    • Author: User
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    On Thursday, the PVC1609 contract closed slightly higher, testing support around 5500 below, testing the pressure at the 5900 mark above, and the short-term futures price is expected to remain in the 5500-5900 range, and it is recommended to trade short at the high
    .

    PVC

    Raw material prices: 1.
    Japan naphtha CF Japan reported 414.
    25 yuan / ton, flat; Naphtha FOB Singapore was flat at $44.
    33 a barrel
    .
    Ethylene CFR Northeast Asia was flat at $1125/mt, and CFR Southeast Asia was flat at $1095/mt
    .

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

    North China calcium carbide law reported 5450 yuan / ton, flat; ethylene law reported 5550 yuan / ton, flat; East China calcium carbide law reported 5620 yuan / ton, flat, ethylene law reported 5650 yuan / ton, flat
    .
    South China calcium carbide method reported 5600, down 50, ethylene method 5750 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, Shanxi Yushe PVC today temporarily stabilized the quotation, calcium carbide method 5 type to the surrounding factory to implement 5250 yuan / ton spot exchange
    .
    The 300,000 tons/year plant in the factory area is basically in normal production, and the actual transaction price can be discussed
    .

    Fundamentally, affected by exports and the overall social inventory, PVC has risen sharply, but the downstream enthusiasm for high-priced raw material procurement is weak, and futures have risen sharply to spot, and the future market is facing the arrival of the demand off-season, and the overall price upside is expected to be limited
    .

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