PVC opens high and goes high, and the short-term trend has improved

News: reported on March 30: The PVC market in Changzhou was slightly raised, the main force of futures rebounded slightly, traders offered a slight increase, and the mainstream of ordinary type 5 calcium carbide was 6250-6350 yuan / ton self-pickup
.
Reference price: Sanlian 6250 yuan / ton, Junzheng 6290 yuan / ton, Zhongtai 6300-6330 yuan / ton, Tianye price in 6350 yuan / ton
.
Tianye 3/8 type quotation 6450 yuan / ton
.
Dagu, Qilu 1000 type 6600 yuan / ton to East China, 700 type high 100 yuan / ton, Liancheng at about
6800 yuan / ton.

Upstream prices: Naphtha CF Japan reported $607 / ton, up 0.
75%; FOB Singapore was trading at $66.
82 a barrel, up 1.
09%.

ethylene CFR Northeast Asia 1385, flat; CFR Southeast Asia was flat at $1285/mt
.
Domestic calcium carbide prices were stable, with East China reporting 3370 yuan, flat, and Northwest reported 3060 yuan, down 60 yuan
.

Spot market: CFR China was flat at $960, CFR Southeast Asia was flat at $965; North China calcium carbide law reported 6230 yuan / ton, flat; ethylene law reported 6520 yuan / ton, flat; East China calcium carbide method reported 6300 yuan / ton, up 50 yuan, ethylene method 6600 yuan / ton, unchanged; South China calcium carbide method 6280, flat, ethylene method 6700 yuan, flat
.

The PVC1805 contract opened high and went high, and the short-term trend improved, but the volume warehouse cooperation was not ideal
.
Fundamentally, social inventories remain high, downstream demand is sluggish, environmental protection inspections and other factors have formed a certain suppression
of futures prices.
However, the MACD low golden cross, KDJ indicators oscillated higher, indicating that there is a short-term rebound requirement, and whether the market can bottom out needs to be observed
.
Operationally, investors can take profits first when they rise sharply
.