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April 22 PVC morning review

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

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On Thursday, the PVC1609 contract opened higher and higher, testing support around 5100 below, pressure around 5300 above, short-term or maintaining range-bound volatility, intraday recommended trading in the 5050-5300 range
.

PVC

Raw material prices: 1, Japan naphtha CF Japan reported 391.
62 yuan / ton, down 2; Naphtha FOB Singapore was trading at $42.
09 a barrel, down 0.
25
.
Ethylene CFR Northeast Asia was flat at $1200/ton, and CFR Southeast Asia was flat at $1170/ton
.

Spot market: The price of some domestic PVC spot market is basically flat
.
North China calcium carbide law reported 5250 yuan / ton, flat; ethylene law reported 5510 yuan / ton, flat; East China calcium carbide reported 5250 yuan / ton, flat, ethylene law reported 5720 yuan / ton, flat
.
South China calcium carbide method reported 5320, up 20, ethylene method 5750 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, Ordos chlor-alkali chemical PVC plant started basically full load, the enterprise implemented a new offer, the current calcium carbide method 5 type material to the outside of 5100-5150 yuan / ton acceptance self-pickup, the recent order performance is general
.

In the short term, affected by the de-capacity of building materials, the sector rose, and the fundamentals were up, the downstream demand slowed down, and the market was mainly wait-and-see, but the relevant enterprises in the Hefei Chlor-Alkali Conference reached a consensus on price insurance, maintained market stability, and boosted futures prices
.

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