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    Home > Chemicals Industry > New Chemical Materials > PVC rebound blocked short-term continued to fall

    PVC rebound blocked short-term continued to fall

    • Last Update: 2022-12-13
    • Source: Internet
    • Author: User
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    The PVC1901 contract opened at 6280 yuan, the highest 6380 yuan, the lowest 6275 tons, and closed at 6305 tons, up 30 yuan, or 0.
    48%, the volume was 296212, and the position increased by 9842 lots to 277766
    .

    PVC

    News side: The PVC market in Qilu Chemical City is stable, the market atmosphere is light, and the transaction is tepid
    .
    The mainstream price of calcium carbide type 5 is 6400-6420 yuan / ton, and the mainstream price of ethylene S1000 is 6700 yuan / ton including tax
    .
    Guangzhou PVC market quotation is stable, the mainstream price of calcium carbide five-type material is 6420-6520 yuan / ton, and the ethylene thin material Dagu 1000 type 7080 yuan / ton
    .
    : The PVC market in Shanghai maintained a stable pattern, traders temporarily stabilized prices and waited and watched, and actual negotiations were the mainstay
    .

    Upstream price: naphtha CF Japan reported $543.
    38/ton, -2.
    47%; FOB Singapore is trading at $58.
    06/b, -3.
    06%.

    ethylene CFR Northeast Asia 940/mt, +2.
    17%; CFR Southeast Asia was trading at $860/mt, +2.
    99%.

    Domestic calcium carbide prices retreated, East China reported 3390 yuan, -0%, Northwest reported 3125 yuan, -1.
    57%.

    Spot market: CFR Southeast Asia quoted $850, +0%; CFR China is trading at $850, +0%.

    Domestic: North China calcium carbide law reported 6370 yuan / ton, -0%; Ethylene law reported 6600 yuan / ton, -0%; East China calcium carbide method reported 6400 yuan / ton, -0%, ethylene method 6750 yuan, -0%; South China calcium carbide method 6450 yuan, -0%, ethylene method 7220 yuan, +0%.

    PVC1901 rebound is blocked, the 20-day moving average still has a greater suppression of the price, and the trading volume and position volume have rebounded significantly, indicating that there is a certain degree
    of undertaking below.

    Fundamentally, downstream demand is sluggish, and weak spot prices suppress futures prices, but after a continuous decline, there are certain rebound requirements
    in the short term.

    Technically, the MACD indicator and the KDJ indicator are passivated at a low level, indicating that there are signs of
    overbearing.
    In terms of operation, it is recommended that investors can take advantage of the dip to build a long rebound, and pay attention to strictly setting a stop loss
    .

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