PVC fell slightly, and the bearish strategy prevailed

On the news front, the price of the Asian VCM market rose by $20, CFR Far East at $720, and CFR Southeast Asia at $
750.

Spot market, PVC market price adjustment in Guangzhou, some materials high prices to make up for the decline of 10-20 yuan / ton, calcium carbide 5 type material mainstream price in 6860-6940 yuan / ton cash pick-up, Sanlian reported 6860 yuan / ton, Dongxing reported 6920 yuan / ton, Yili reported 6940 yuan / ton, Salt Lake reported 6880 yuan / ton, Xinfa reported 6930 yuan / ton, Jinwei reported 6900 yuan / ton, Tianhu reported 6920 yuan / ton, Jinyuyuan type V reported 6880 yuan / ton, Oriental reported 6940 yuan / ton, Junzheng new and old factory reported 6940 yuan / ton, ethylene Dagu 1000 type has no quotation, 800 type reported 7000 yuan / ton, 700 type reported 7000 yuan / ton, 1300 type reported 7200 yuan / ton
.

Warehouse receipt inventory: the exchange warehouse receipt reported 2000 lots, which is in the historical median area, +0 lots
within the day.
Main positions: The top 20 long positions in the main contract are 135213 lots -5074 lots, short positions are 143500 lots, -6606 lots, and net long positions are -8287 lots, +1532 lots
.

Summary: The peak period of equipment maintenance has a certain support
for PVC prices.
However, after a long-term rise, there are certain signs of overbought in the short term, which puts some pressure
on the price.
Technically, the PVC1909 contract fell below the 10-day moving average, and the short-term trend may weaken
.
The median MACD flattened, but the red column contracted
.
The KDJ indicator retreated from its high, indicating that the bears had the advantage
.
Operationally, it is recommended that investors hold short orders with caution
.