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April 7 PVC morning review

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

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5 dollar spot

method 1

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On Wednesday, the PVC1609 contract fell after the shock, testing support around 5000 below, testing the pressure level around 5150 above, short-term or maintaining oscillation in the 5000-5150 range, short-term recommendations for the time being
.

PVC

Spot market: The price of some domestic PVC spot market fell
slightly.
North China calcium carbide law reported 5420 yuan / ton, down 20; ethylene law reported 5630 yuan / ton, down 20; East China calcium carbide law reported 5390 yuan / ton, flat, ethylene law reported 5750 yuan / ton, flat
.
South China calcium carbide method reported 5430, down 20, 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.
Dezhou Shihua PVC 300,000 tons/year device temporarily failed to about half on April 5, and is scheduled to open around April 10, and the company's inventory has recently maintained fixed customers
.

Upstream prices: 1, Japan naphtha CF Japan reported 368 US dollars / ton, down 6.
75; naphtha FOB Singapore reported 39.
43 US dollars / barrel, down 0.
76
.
Ethylene CFR Northeast Asia was at $1200/ton, down 5, and CFR Southeast Asia was at $1155/ton, down 5
.

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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