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    Home > Chemicals Industry > New Chemical Materials > PVC fell slightly, and the strength of the bears increased

    PVC fell slightly, and the strength of the bears increased

    • Last Update: 2022-12-15
    • Source: Internet
    • Author: User
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    Market situation: PVC fell slightly, V1909 opened at 7055 yuan / ton, the highest reported 7090 yuan / ton, the lowest reported 6925 yuan / ton, closed 6940 yuan / ton, -1.
    84% from the previous trading day; Volume 477734 lots, +94430 lots; Position 540228, -12980 lots
    .
    Basis 180 yuan, +85 yuan, 9-1 spread 175 yuan, -10 yuan
    .

    PVC

    News: Henan Province will implement "four uniforms" for all types of chemical parks: all new chemical parks (concentration areas) will be stopped; The construction of chemical enterprises outside the chemical park shall not be approved; The existing 43 chemical parks (concentration areas) are not allowed to approve new construction, reconstruction and expansion of chemical projects without conducting safety capacity assessments and establishing special safety supervision agencies; Any chemical project that does not have safety conditions shall not attract investment into the park
    .

    Spot market: the supply of PVC market in Shanghai is not much, the quotation of all parties is firm, the real price can be negotiated, Tianye 5 type 7200 yuan / ton, ethylene method Dagu Qilu material 1000 model sent to 7300 yuan / ton for negotiation
    .
    The price of PVC market in Hebei is stable, and the quotation of 5-type material excluding tax is delivered at 6590-6680 yuan / ton, the price including tax is 7050-7150 yuan / ton, and some lower and higher prices have also been heard
    .

    Warehouse receipt inventory: The exchange warehouse receipt reported 1439 lots, which is in the historical low area, +539 lots
    within the day.
    Main positions: The top 20 long positions in the main contract are 178188 lots -3937 lots, short positions are 193339 lots, +4003 lots, and net long positions are -15151 lots, -7940 lots
    .

    Summary: The increase in equipment maintenance and the decrease in calcium carbide supply have provided some support
    to PVC prices.
    However, crude oil is weak, downstream demand is general, and high social inventories have a certain suppression
    of prices.
    Technically, PVC1909 fluctuated lower, trading volume increased significantly, and position volume decreased
    significantly.
    The main position shows that the long position reduces the position, the short position increases, and the short side has the advantage
    .
    On the indicator, the MACD high dead cross, the red bar shortened, and the KDJ indicator dead cross downward, indicating that the bearish side strength has increased
    .
    The market will still test the support of the 6890 line, and operationally, investors can close the short orders in their hands and settle their bags
    .

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