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Market trend: PVC1709 contract opened at 7140 yuan / ton on Thursday, the highest 7170 yuan / ton, the lowest 7065 yuan / ton, and closed at 7090 yuan / ton, up 30 yuan / ton from the previous trading day, up 0.
42%
from the previous trading day.
The volume decreased to 193,800 lots, and the open position decreased by 17,636 lots to 179,300 lots
.
News: Taishan salinized PVC sales are acceptable, the price is increased by 20 yuan / ton, calcium carbide method 5 type material is implemented 7000 yuan / ton acceptance, limited
.
The company's 100,000 tons/year device started to 7-8%, and the shipment was general
.
Price: Japan naphtha CF Japan reported 462.
5 yuan / ton, down 13.
25; naphtha FOB Singapore reported 49.
98 US dollars / barrel, down 1.
48
.
ethylene CFR Northeast Asia 1050 US dollars / ton, up 30; CFR Southeast Asia was trading at $970/mt, up 26
%.
Market: Some domestic PVC spot markets rose
.
North China calcium carbide law reported 6850 yuan / ton, up 90; ethylene law reported 7050 yuan / ton, up 50; East China calcium carbide law reported 7050 yuan / ton, flat; ethylene law reported 7250 yuan / ton, flat; South China calcium carbide method 7070, up 20, ethylene method 7300 tons, flat
.
The price of raw materials was basically flat, with East China reporting 3080 yuan, flat, and Northwest reported 2650 yuan, flat
.
In the short term, the production safety inspection and the 70th anniversary celebration of Inner Mongolia have affected calcium carbide production, calcium carbide prices are firm, and the support for PVC costs is strong, and the supply of PVC is tight, and the quotations of PVC enterprises are firm, showing a situation of passive replenishment of downstream demand in the industrial chain and price increase in the environment of tight supply
.
Technically, the PVC1709 contract closed slightly higher, the lower moving average showed a long arrangement, the upward trend of the futures price has not changed, but there is a risk in chasing up, it is recommended to fall back and rely on the five-day line to go long
.