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Today, the PVC1609 contract opened at 5850, with a high of 5870, a low of 5805, and a close of 5860, up 5% from the previous session, or 0.
09%
on the day.
The volume decreased to 23906 lots, and the open position decreased by 9606 lots to 63324 lots
.
Raw material prices: 1, Japan naphtha CF Japan reported 406 yuan / ton, up 19.
12; naphtha FOB Singapore reported 42.
74 US dollars / barrel, up 2.
2
.
Ethylene CFR Northeast Asia was at $1150/ton, up 50, and CFR Southeast Asia was at $1060/ton, up 10
.
Spot market: The price of some domestic PVC spot market has risen.
North China calcium carbide law reported 5850 yuan / ton, up 180; Ethylene law reported 6400 yuan / ton, flat; East China calcium carbide law reported 6000 yuan / ton, flat, ethylene law reported 6500 yuan / ton, up 100
.
South China calcium carbide method reported 5920, flat, ethylene method 6400 tons, up 50
.
The price of raw materials was basically flat, East China reported 2700 yuan, flat, and Northwest reported 2240 yuan, flat
.
News side: 1.
The PVC quotation of Inner Mongolia Yidong Dongxing Chemical was raised by 50 yuan / ton, and the calcium carbide method 5 type material is now accepted by 5700 yuan / ton
.
The 300,000 tons/year plant in the plant is operating normally, and the actual transaction is flexible and negotiable
.
Fundamentally, affected by environmental protection policies and G20, calcium carbide supply is slightly insufficient, supporting stronger prices, and further strengthening the support for PVC costs
.
Short-term PVC social inventory remains at a medium-to-lower level, the market transaction is better, and the decline in futures prices is expected to be limited
.
Technically, the PVC1609 contract closed up in shock, testing support around 5800 below, testing the pressure at the 6000 mark above, and it is expected to maintain a short-term oscillation in the range of 5800-6000, and it is recommended to trade long in the range dip
.