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On Thursday, the PVC1609 contract closed slightly lower, testing support around 4900 below, testing pressure around 5100 above, short-term or maintaining in the 4900-5100 range, recommended range trading
.
Spot market: The price of some domestic PVC spot market is basically flat
.
North China calcium carbide law reported 5320 yuan / ton, flat; ethylene law reported 5560 yuan / ton, flat; East China calcium carbide law reported 5300 yuan / ton, down 50, ethylene law reported 5720 yuan / ton, down 30
.
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
.
Raw material prices: 1, Japan naphtha CF Japan reported 401.
88 yuan / ton, up 3.
28; naphtha FOB Singapore reported 43.
15 US dollars / barrel, up 0.
38
.
Ethylene CFR Northeast Asia was flat at $1200/mt, and CFR Southeast Asia was flat at $1160/mt
.
News side: 1, Shanghai chlor-alkali PVC paste resin The plant is currently starting 40,000 tons, and it is stopped for maintenance around April 10, lasting about 10 days, P440, P450 type has no clear quotation, and the inventory is fixed to customers
.
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
.