PVC morning review on June 29

News side: 1, Tangshan Sanyou PVC today's price, calcium carbide method 5 type material 5350 yuan / ton acceptance, type 3 material increased by 80 yuan / ton, now 5480 yuan / ton acceptance, 8 type temporarily out of stock
.
The plant is operating at full capacity, the actual transaction is flexible and negotiable, and the company's maintenance plan has been postponed to the end of
July.

Raw material prices: 1, Japan naphtha CF Japan reported 416.
38 yuan / ton, down 4.
24; naphtha FOB Singapore reported 44.
64 US dollars / barrel, down 0.
47
.
Ethylene CFR Northeast Asia was flat at $1090/mt, and CFR Southeast Asia was flat at $1060/mt
.

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

North China calcium carbide law reported 5310 yuan / ton, up 150; ethylene law reported 5450 yuan / ton, up 50; East China calcium carbide law reported 5460 yuan / ton, up 40, ethylene method reported 5570 yuan / ton, unchanged
.
South China calcium carbide method reported 5510, up 50, ethylene method 5620 tons, up 60
.
The price of raw materials was basically flat, East China reported 2700 yuan, flat, and Northwest reported 2240 yuan, flat
.

Fundamentally, in the short term, the early shipment of some areas is excessive, the inventory is slightly insufficient, the market price quotation is raised, which boosts the current price, and the future price is stronger
, driven by the rise of coking coal and coke.
Pay attention to the spot market situation, it is expected that the short-term will remain strong volatility, it is recommended to rely on the five-day line to go long
.