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    Home > Chemicals Industry > New Chemical Materials > Calcium carbide prices firm, PVC volatility closed higher

    Calcium carbide prices firm, PVC volatility closed higher

    • Last Update: 2022-12-06
    • Source: Internet
    • Author: User
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    The PVC1801 contract opened at 7120 yuan / ton, the highest 7220 yuan / ton, the lowest 7060 yuan / ton, and closed at 7165 yuan / ton, up 5 from the previous trading day, or 0.
    07%
    on the day.
    The volume decreased to 400,300 lots, and the open position decreased by 8,746 lots to 231,300 lots
    .

    PVC

    Raw material prices: 1, Japan naphtha CF Japan reported 506.
    62 yuan / ton, up 1; Naphtha FOB Singapore was trading at $54.
    25 a barrel, up 0.
    11
    .
    ethylene CFR Northeast Asia 1320, up 5; CFR Southeast Asia was trading at $1205/mt, up 5
    .

    Spot market: The price of some domestic PVC spot markets fell
    .
    North China Denserme Law reported 7650 yuan / ton, flat; ethylene law reported 7680 yuan / ton, down 100; East China calcium carbide law reported 7350 yuan / ton, down 100; South China calcium carbide method 7570, down 130, ethylene method 7800 tons, down 150
    .
    The price of raw materials was basically flat, with East China reporting 3100 yuan, flat, and Northwest reported 2700 yuan, flat
    .

    News: 1.
    Ordos chlor-alkali chemical PVC plant will be overhauled to the 26th from the 12th, the inventory delivery is mainly based on the pre-order, and the plant is 400,000 tons/year plant
    .
    2.
    The price of Shandong Xinfa PVC has been reduced, the supply is limited, and the manufacturer implements a limited policy
    .
    The calcium carbide method 5 type material was exchanged at 7,500 yuan / ton, and the 600,000 tons/year plant in the plant resumed normal operation
    .

    Summary of views: calcium carbide prices are firm, ethylene supplies are tight, and prices continue to rise, which has strong support for PVC costs
    .
    However, short-term PVC is affected by the increase in operating rate, inventory has rebounded slightly, coupled with the delivery month, the increase in exchange warehouse receipts, the increase in market supply, coupled with the sharp decline in black series, suppressing PVC futures prices
    .
    Enter the small peak season of gold nine silver ten demand, pay attention to the demand
    of the future market.
    Technically, the PVC1801 contract closed in volatility, focusing on support around 7000 below, pressure around 7350 above, and short-term recommendations to go long
    in the 7000-7350 range.

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