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On Friday, the PVC1701 contract opened at 5605, with a high of 5660, a low of 5600, and closed at 5660, up 50 from the previous session, or 0.
89%.
The volume decreased to 26,768 lots, and the open position increased by 76 lots to 92,810 lots
.
Raw material prices: 1, Japan naphtha CF Japan reported 406.
38 yuan / ton, up 9.
88; naphtha FOB Singapore reported 43.
14 US dollars / barrel, up 1.
11
.
Ethylene CFR Northeast Asia was at $1190/ton, down 5, and CFR Southeast Asia was at $1060/ton, down 5
.
Spot market: The price of some domestic PVC spot market is basically flat
.
North China calcium carbide law reported 5970 yuan / ton, up 70; ethylene law reported 6360 yuan / ton, flat; East China calcium carbide law reported 6050 yuan / ton, up 130, ethylene method reported 6550 yuan / ton, unchanged
.
South China calcium carbide method reported 6100, up 130, ethylene method 6580 tons, flat
.
The price of raw materials was basically flat, East China reported 2700 yuan, flat, and Northwest reported 2240 yuan, flat
.
News side: 1, Shandong Dongyue PVC today's latest quotation, calcium carbide method 5 type material factory implementation of 6100 yuan / ton acceptance
.
The plant's 120,000 tons/year PVC unit started about 50%, and it is expected to be shut down for maintenance on September 18 for about
a week.
The environmental protection inspection is gradually over, and the supply of calcium carbide has improved
.
PVC social inventory maintained a moderate lower level, coupled with some maintenance devices, the market supply pressure is not large, but near the delivery month, the exchange warehouse receipt increases, if the source of goods into the market, there may be some suppression of the price, but the January contract price discount spot, there is a certain space for repair in the short term
.
Technically, PVC1701 shock closed higher, below to test the support around 5600, above to test the 5700 mark pressure, short-term is expected to maintain a range of strong volatility, it is recommended that the five-day line continue to hold
.