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April 13 PVC morning review

 Last Update: 2022-12-01
 Source: Internet
 Author: User

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china 1 sevierville

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On Tuesday, the PVC1609 contract closed slightly lower, testing support around 4900 below, testing the pressure level around 5100 above, short-term or maintaining in the 4900-5100 range, it is recommended that yesterday's long orders around 4950 can continue to hold
.

PVC

Spot market: The price of some domestic PVC spot market is basically flat
.
North China calcium carbide law reported 5320 yuan / ton, down 30; ethylene law reported 5560 yuan / ton, down 10; East China calcium carbide law reported 5350 yuan / ton, flat, ethylene method reported 5750 yuan / ton, flat
.
South China calcium carbide method reported 5400, flat, ethylene method 5800 tons, flat
.
The price of raw materials was basically flat, East China reported 2700 yuan, flat, and Northwest reported 2300 yuan, flat
.

News side: 1, Shandong Xinfa PVC continued to be lowered, calcium carbide method 5 type implementation of 5210-5230 yuan / ton cash withdrawal, the company's 600,000 tons / year equipment normal production, real order sales large orders can still be negotiated
.

Raw material prices: 1, Japan naphtha CF Japan reported 391.
38 yuan / ton, up 7.
76; naphtha FOB Singapore reported 42.
04 US dollars / barrel, up 0.
89
.
Ethylene CFR Northeast Asia was flat at $1200/mt, and CFR Southeast Asia was flat at $1160/mt
.

The downstream terminal has a weak sentiment for the purchase of high-priced raw materials, and more on-demand goods are taken, and some companies have lowered the factory price, but the maintenance of the device in the future market is expected, the fundamentals are long and short intertwined, and the futures price is expected to maintain range volatility
.

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