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On Tuesday, the PVC1609 contract closed up in volatility, testing support around 5100 below, pressure around 5300 above, short-term or maintaining range-bound volatility, and it is recommended to go long
in the 5100-5300 range during the day.
Raw material price: 1, Japan naphtha CF Japan reported 405.
12 yuan / ton, flat; Naphtha FOB Singapore was flat at $43.
57 a barrel
.
Ethylene CFR Northeast Asia was flat at $1190/mt, and CFR Southeast Asia was flat at $1145/mt
.
Spot market: The price of some domestic PVC spot market is basically flat
.
North China calcium carbide law reported 5270 yuan / ton, flat; ethylene law reported 5570 yuan / ton, flat; East China calcium carbide law reported 5380 yuan / ton, up 30, ethylene law reported 5700 yuan / ton, unchanged
.
South China calcium carbide method reported 5350, up 30, ethylene method 5750 tons, flat
.
The price of raw materials was basically flat, East China reported 2700 yuan, flat, and Northwest reported 2240 yuan, flat
.
News side: 1, Jining Jinwei PVC 360,000 tons / year device officially stopped for maintenance on April 26, for about 3-4 days, the price was sold firmly, calcium carbide method 5 type implementation of 5410 yuan / ton acceptance self-pickup, type 3 implementation of 5530 yuan / ton acceptance withdrawal, the actual order is slightly lower
.
In the short term, affected by the de-capacity of building materials, the sector rose, fundamentally, downstream demand followed up slowed down, and the market was mainly wait-and-see, but the relevant enterprises in the Hefei Chlor-Alkali Conference industry reached a consensus on price insurance, maintained market stability, boosted futures prices, and is expected to maintain range volatility
in the short term.