echemi logo
Product
  • Product
  • Supplier
  • Inquiry
    Home > Chemicals Industry > New Chemical Materials > PVC has a high probability of showing a bottom-range oscillation trend in the short term

    PVC has a high probability of showing a bottom-range oscillation trend in the short term

    • Last Update: 2022-12-25
    • Source: Internet
    • Author: User
    Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com

    As of 8.
    3, the atmosphere in the PVC spot market today is calm
    .
    The terminal downstream demand is general, the bargain is mainly replenished, and the overall transaction atmosphere is general
    .
    Relatively speaking, the current order improvement is not strong, combined with inventory and operating rate, PVC price increase space or limited
    .

    PVC

    Futures market: as of 8.
    3 days, the main PVC closed at 6685 yuan / ton (-2.
    21%); Top 20 main long positions: 278050 (+2021), short positions: 298902 (+14937), net short positions: 20852 (+10152).

    Spot: as of 8.
    3 days East China (calcium carbide method) quotation: 6780 yuan / ton (-100); South China (calcium carbide method) quotation: 6900 yuan / ton (-65).

    Blue charcoal: as of 8.
    3 days Shaanxi 1318 yuan / ton (-50) calcium carbide: as of 8.
    3 days North China 4425 yuan / ton (0).

    On the whole, the fundamental situation of PVC has not changed much, and in the short term, we should pay attention to the impact
    of the interpretation of the situation in the Taiwan Strait on Sino-US relations.
    In the medium to long term, watch for the Fed's determination to curb inflation and the recovery of domestic property data
    .
    We remain "cautious" on previous rallies, believing that this rally is more based on a technical rally, high or limited
    .
    PVC has a high probability of showing a "bottom range shock" trend
    in the short term.

    This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.

    Contact Us

    The source of this page with content of products and services is from Internet, which doesn't represent ECHEMI's opinion. If you have any queries, please write to service@echemi.com. It will be replied within 5 days.

    Moreover, if you find any instances of plagiarism from the page, please send email to service@echemi.com with relevant evidence.