Raw materials stabilized slightly, and PVC shocks closed higher

Raw material prices: 1, Japan naphtha CF Japan reported 461.
75 yuan / ton, up 4.
13; naphtha FOB Singapore reported 49.
74 US dollars / barrel, up 0.
47
.
ethylene CFR Northeast Asia 1210 US dollars / ton, flat; CFR Southeast Asia was flat at $1,100/mt
.

Spot market: The price of some domestic PVC spot markets fell
.
North China calcium carbide law reported 6370 yuan / ton, flat; ethylene law reported 6680 yuan / ton, down 70; East China calcium carbide law reported 6400 yuan / ton, up 30
.
South China calcium carbide method reported 6400 yuan / ton, up 30, ethylene method 6950 tons, flat
.
The price of raw materials was basically flat, East China reported 3,000 yuan, flat, and Northwest reported 2,600 yuan, flat
.

News: 1.
On March 10, another project deployed by Xinjiang Zhongtai Chemical Co.
, Ltd.
in Toxun County officially landed, and the high-performance resin and supporting infrastructure construction project invested and constructed by Zhongtai Chemical Toxun Energy Chemical Co.
, Ltd.
was laid in the county
.

PVC upstream calcium carbide raw materials have stabilized slightly in the short term, and the rise of coal has boosted PVC, and PVC cost support has strengthened
.
However, the caustic soda operating rate has risen, the PVC market is fully supplied, the shipment pressure is large, and the price increase space is expected to be limited, pay attention to the demand in the northern area and the spring maintenance time
after the weather warms.
Technically, the PVC1705 contract closed up in volatility, short-term lower test of support around 6500, upper test of pressure around 6600, futures price or maintain in the 6500-6600 range oscillation, recommended range trading
.