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    Home > Chemicals Industry > New Chemical Materials > PVC probes low and goes higher It is recommended to wait and see for the time being

    PVC probes low and goes higher It is recommended to wait and see for the time being

    • Last Update: 2022-12-08
    • Source: Internet
    • Author: User
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    The PVC1805 contract opened at 6695, the highest was 6795 yuan / ton, the lowest was 6690 yuan / ton, and the closing was 6790 yuan / ton, up 70 yuan from the previous trading day, or 1.
    04%.

    The volume decreased to 263,800 lots, and the open position decreased by 528 lots to 278,900 lots
    .

    PVC

    News: Longzhong Information reported on February 5: The price of PVC market in Changzhou area is consolidating, the market holiday enterprises are increasing, and the trading atmosphere is light
    .
    The mainstream of ordinary type 5 calcium carbide is 6600-6700 yuan / ton self-pickup
    .
    Reference quotation: Yinglite 6620 yuan / ton, Xinfa 6700, Yihua 66050 yuan / ton, Junzheng / Zhongtai 6750 yuan / ton, Tianchen 5 type, Beiyuan 5 type supply is small, the price negotiation is the mainstay, around 6750 yuan / ton
    .
    Yinglite 3 type 6720 yuan / ton, other high models offer about 6800 yuan / ton
    .
    The price of ethylene is stable, Qilu S1000 is delivered at 6950-7050 yuan / ton, the tight part of Dagu goods is delivered at 7050-7100 yuan / ton, and high-end Formosa Plastics is delivered at 7300-7400 yuan / ton

    Price: Japan Naphtha CF Japan was at 602.
    38 tonnes, up 2.
    88 tons; Naphtha FOB Singapore was at $65.
    68 a barrel, up 0.
    21
    .
    ethylene CFR Northeast Asia 1320; CFR Southeast Asia was trading at $1220/mt, both unchanged
    from yesterday.
    East China calcium carbide reported 3420 yuan, flat, Northwest calcium carbide reported 3150 yuan, flat
    .

    Spot market: The price of some domestic PVC spot markets remained stable
    .
    North China calcium carbide law reported 6550 yuan / ton, flat; ethylene law reported 6770 yuan / ton, unchanged; East China calcium carbide method reported 6650 yuan / ton, flat, ethylene method 7050 yuan / ton, flat; South China calcium carbide method 6750, flat, ethylene method 7000, flat
    .

    Approaching the Spring Festival, the number of holiday enterprises in the downstream market increased, the enthusiasm of market participation weakened, and the demand for pre-holiday stocking tended to end; On the supply side, the maintenance of the equipment is small, and the operating rate has rebounded, but due to the impact of downstream replenishment, the short-term supply pressure is not large, and there is a risk
    of accumulation in the later stage.
    The fundamentals are intertwined with long and short, and short-term shock adjustment is the mainstay
    .

    Technically, PVC1805 contract lower and higher, below focus on support around 6600-6650, KDJ indicator downward angle slowed down, short-term or maintain range shock format, it is recommended to wait and see
    for the time being.

     

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