PVC narrow finishing The power of the air side has been significantly weakened

News: In March 2019, domestic exports of PVC flooring products were 270,300 tons, up 82,000 tons, or 43.
54%, from 188,300 tons in February, of which general trade exports were 246,500 tons
.

Spot market: PVC market price in Qilu Chemical City was raised, calcium carbide type 5 quotation was 6850-6870 yuan / ton, ethylene Qilu price rose 30 yuan / ton, S700 price was 6870 yuan / ton, S1000 price was 6900 yuan / ton
.
The price of PVC market in Guangzhou is stable, and the mainstream price of calcium carbide five-type material is 6870-6970 yuan / ton
.

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 163796 lots, +4803 lots, short positions are 180514 lots, +9968 lots, and net long positions are -16718 lots, -5165 lots
.

Environmental protection inspection has strictly suppressed prices, but the trend of crude oil is firm, and the Ito Dongxing accident and social inventories have fallen to a certain extent
to support PVC prices.
Technically, PVC1909 increased its position sharply to the upside and hit a new recent high, returning to strength
in the short term.
The main position shows that the strength of the long position reduction is greater than the strength of the short position, and the short side has the advantage
.
On the indicator, the MACD hovered high, the red bar rose, and the KDJ indicator turned upwards, indicating that the bearish power has weakened
significantly.
Operationally, investors can continue to hold
long positions cautiously.