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    Home > Chemicals Industry > New Chemical Materials > Downstream stocking nears the end PVC to maintain shocks

    Downstream stocking nears the end PVC to maintain shocks

    • Last Update: 2022-12-04
    • Source: Internet
    • Author: User
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    The PVC1705 contract opened at 6465, with a high of 6595 and a low of 6405, and closed at 6585, up 145, or 2.
    25%,
    from the previous session.
    The volume increased to 195,300 lots, and the open position increased by 8,714 lots to 141,000 lots
    .

    PVC

    Raw material prices: 1, Japan naphtha CF Japan reported 516.
    12 yuan / ton, up 3.
    5; naphtha FOB Singapore reported 56.
    24 US dollars / barrel, up 0.
    33
    .
    Ethylene CFR Northeast Asia was flat at $1110/mt, and CFR Southeast Asia was flat at $1005/mt
    .

    Spot market: The price of some domestic PVC spot market is basically flat
    .
    North China calcium carbide law reported 6280 yuan / ton, flat; ethylene law reported 6740 yuan / ton, flat; East China calcium carbide law reported 6400 yuan / ton, flat
    .
    South China calcium carbide method reported 6350, flat, ethylene method 6950 tons, flat
    .
    The price of raw materials was basically flat, with East China reporting 3,310 yuan, flat, and Northwest reporting 3,000 yuan, flat
    .

    News side: 1.
    Taishan salinized PVC is not clear about the external quotation, and the company accepts around 6300 yuan / ton for some fixed customer reference
    .
    The 100,000 tons/year plant in the plant started 7-80%, and there were many pre-sale orders in the factory, mainly issuing pre-orders
    .

    The Spring Festival is approaching, and the downstream stocking is nearing the end, but some enterprises do not have much inventory, and the price continues to rise or do not quote, but the downstream demand has entered a cold period, and the price increase space is expected to be limited, and the short-term maintenance range shock
    .
    Technically, the PVC1705 contract closed up in volatility, the futures price tested the support around 6400 below, the pressure around 6600 was tested above, and the futures price or maintained in the 6400-6600 range oscillation, recommended range trading
    .

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