Downstream willingness to receive goods is not good, PVC maintains range volatility

Raw material prices: 1, Japan naphtha CF Japan reported 464.
25 yuan / ton, up 7.
63; naphtha FOB Singapore reported 50.
24 US dollars / barrel, up 0.
9
.
ethylene CFR Northeast Asia 1140 US dollars / ton, flat; CFR Southeast Asia was flat at $1,035/mt
.

Spot market: The price of some domestic PVC spot markets fluctuated and closed down
.
North China calcium carbide law reported 6240 yuan / ton, down 20; ethylene law reported 6490 yuan / ton, down 10; East China calcium carbide law reported 6220 yuan / ton, down 30
.
South China calcium carbide method reported 6250 yuan / ton, flat, ethylene method 6800 tons, flat
.
The price of raw materials was basically flat, East China reported 3,000 yuan, flat, and Northwest reported 2,600 yuan, flat
.

News side: 1, Lutai Chemical (Jining Jinwei) PVC price reduction, range of 30 yuan / ton
.
The calcium carbide method 5 type material is accepted at 6270 yuan / ton, and the price of type 3 is 100 yuan / ton higher, and the actual transaction can be negotiated
.
The plant's 360,000 tons/year unit is basically full load, the inventory is high, and the shipment is average
.

PVC enterprise maintenance postponed, operating rate maintained at the middle and upper level, resulting in market supply pressure, downstream willingness to receive goods is not good, enterprise quotations down, coupled with real estate regulation, caused greater pressure on the market, but the rise in coal prices, its cost support strengthened, limiting the decline range, is expected to maintain a range shock
in the short term.
Technically, the PVC1705 contract closed slightly higher, short-term lower test of support around 6000, upper test of pressure around 6300, futures price or maintain in the 6000-6300 range oscillation, recommended range trading
.