Demand weakened PVC shock closed lower

Raw material prices: 1, Japan naphtha CF Japan reported 510.
25 yuan / ton, up 2.
75; naphtha FOB Singapore reported 55.
45 US dollars / barrel, up 0.
3
.
ethylene CFR Northeast Asia 1375 US dollars / ton, flat; 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 6420 yuan / ton, flat; Ethylene law reported 6820 yuan / ton, flat; East China calcium carbide law reported 6450 yuan / ton, down 20
.
South China calcium carbide method reported 6550 yuan / ton, up 30, ethylene method 7100 tons, flat
.
The price of raw materials was basically flat, with East China reporting 3100 yuan, flat, and Northwest reported 2650 yuan, flat
.

News side: 1, Inner Mongolia Yidong Dongxing Chemical PVC 300,000 tons of equipment started about ninety percent, the sales quotation of type 5 is 6200 yuan / ton acceptance, the inventory of enterprises is not much, the real sales are flexible, and the production plan of type 8 is postponed to March
.

PVC downstream is affected by environmental protection, demand weakens, social inventory increases, coupled with the weakening of upstream raw material prices, enterprises let profits shipments, short-term or maintain weak shocks
.
Technically, the PVC1705 contract closed in volatility, short-term lower test of support around 6250, upper test of pressure around 6600, short-term maintenance in the 6250-6600 range oscillation, recommended range trading
.