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On Thursday, the PVC1609 contract closed down in volatility, testing support around 5000 below, testing pressure around 5150 above, short-term or maintaining oscillations in the 5000-5150 range, short-term recommendations for the time being
.
Spot market: The price of some domestic PVC spot market is basically flat
.
North China calcium carbide law reported 5400 yuan / ton, flat; Ethylene law reported 5630 yuan / ton, flat; East China calcium carbide law reported 5390 yuan / ton, flat, ethylene law reported 5750 yuan / ton, flat
.
South China calcium carbide method reported 5430, 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 372 US dollars / ton, up 4; Naphtha FOB Singapore was trading at $39.
92 a barrel, up 0.
49
.
Ethylene CFR Northeast Asia was at $1195/ton, down 5, and CFR Southeast Asia was flat at $1155/ton
.
News side: 1, Shanghai chlor-alkali PVC paste resin quotation firm, P440, P450 type 8200-8300 yuan / ton delivered, the enterprise 100,000 tons / year equipment is currently starting 40,000 tons, planned around mid-April routine maintenance, about 10 days long
.
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
.