PVC uplink is blocked Downstream demand is general

In terms of news, it was reported on June 17 that the PVC social inventory this week was stable compared with last week, 70.
56% higher than last year, of which East China was stable month-on-month, 74.
62% higher than last year; South China was stable month-on-month, 60%
higher year-on-year.

In the spot market, the price of calcium carbide 5 type in Qilu Chemical City rose by 10 yuan / ton, the quotation was 6690 yuan / ton (including tax self-pickup), the price of ethylene material Qilu was increased by 20-60 yuan / ton, the quotation of S700 was 6810 yuan / ton, and the quotation of S1000 was 6790 yuan / ton
.

Warehouse receipt inventory: Exchange warehouse receipts reported 2000 lots, in the historical median area, Japan +0 lots
.
Main positions: The top 20 long positions in the main contract are 160338 lots -2332 lots, short positions are 145022 lots, +768 lots, and net long positions are 160338 lots, +768 lots
.

Summary: Downstream demand generally produces a certain suppression on the price of PVC, but the price of the Asian market has rebounded, and the peak period of equipment maintenance has produced certain support
for the price of PVC.
Technically, PVC1909 is currently in the bottom-building market after a continuous decline, with pressure on the top and support below, MACD low flat, green column contraction, KDJ indicator is also hovering at a low level, short-term direction is unknown
.
The future market pays attention to the support of the 6570 line, and operationally, it is recommended that investors operate in the 6570-6750 range
.