Environmental protection policies continue to increase the price of PVC goods

Raw material prices: 1, Japan naphtha CF Japan reported 350.
12 yuan / ton, down 3.
88; naphtha FOB Singapore reported 36.
87 US dollars / barrel, down 0.
28
.
Ethylene CFR Northeast Asia was flat at $1060/ton, and CFR Southeast Asia was flat at $1035/ton
.

Spot market: The price of some domestic PVC spot market has risen.

North China calcium carbide law reported 5670 yuan / ton, flat; ethylene law reported 6070 yuan / ton, up 45; East China calcium carbide law reported 5870 yuan / ton, flat, ethylene law reported 6150 yuan / ton, flat
.
South China calcium carbide method reported 5820, flat, ethylene method 6250 tons, up 30
.
The price of raw materials was basically flat, East China reported 2700 yuan, flat, and Northwest reported 2240 yuan, flat
.

News side: 1, Shandong Xinfa PVC quotation today continues to increase by 50 yuan / ton, calcium carbide method 5 type material is now implemented 5750 yuan / ton spot pickup, the actual receiving price still has a small space for negotiation, the factory area 600,000 tons / year equipment starts full load, the factory inventory is slightly higher, the actual shipment situation is relatively average
.

Fundamentally, affected by environmental protection policies, calcium carbide supply is slightly insufficient, supporting the strengthening of prices, and further strengthening the support for PVC costs
.
The short-term PVC social inventory remains at a moderately lower level, but the downstream is tepid, and the futures price is expected to remain range-bound
.
Technically, the PVC1609 contract closed down in volatility, testing support around 5800 below, testing pressure at the 6100 mark above, and expected to maintain short-term volatility in the 5800-6100 range, recommended range trading
.