PVC weak finishing The technical form has weakened

News: The PVC market in Qilu Chemical City is mainly stable, some sources of goods still show signs of loosening, and the trading atmosphere is general
.
The PVC market in Hebei has a calm atmosphere, the transaction situation is not good, and the quotation of merchants is mainly stable
.
The price of PVC market in Guangzhou is stable, and the mainstream price of calcium carbide five-type material is 6950-6970 yuan / ton for cash withdrawal
.

Upstream price: naphtha CF Japan reported 666.
25 US dollars / ton, up 0.
02%; FOB Singapore was trading at $73.
07 a barrel, down 0.
05%.

ethylene CFR Northeast Asia 1390 US dollars / ton, down 5 US dollars; CFR Southeast Asia was flat at $1270/mt
.
Domestic calcium carbide prices were stable, with East China reporting 3370 yuan, flat, and Northwest reporting 3060 yuan, flat
.

Spot market: CFR Southeast Asia was flat at $940; CFR China was flat at $935; North China calcium carbide law reported 6910 yuan / ton, flat; ethylene law reported 7,000 yuan / ton, flat; East China calcium carbide method reported 6800 yuan / ton, down 50 yuan, ethylene method 7100, flat; South China calcium carbide method 6950 yuan, flat, ethylene method 7150 yuan, flat
.

The PVC1809 contract is weak, and the technical form has weakened
.
Fundamentally, the central bank targeted RRR reduction, the peak of device maintenance, the continuous decline of social inventory, and the stationing of environmental protection teams to inspect formed a certain support for futures prices, but the Sino-US trade war escalated, and the spot price fell to suppress
prices.

Technical indicators, MACD green bars become longer, KDJ indicators have signs
of a dead cross to the downside.
Operationally, investors can hold short orders cautiously
.