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    Home > Chemicals Industry > New Chemical Materials > PVC high volatility intraday shrinkage and position reduction

    PVC high volatility intraday shrinkage and position reduction

    • Last Update: 2022-12-10
    • Source: Internet
    • Author: User
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    PVC1809 contract opened at 7115, the highest 7160 yuan / ton, the lowest 7065 yuan / ton, closed at 7110 yuan / ton, up 55 yuan, or 0.
    78%, the volume was reported 304462 lots, and the position decreased by 922 lots to 336942 lots
    .

    PVC

    News: The PVC market price in Qilu Chemical City has been raised, and the inquiry atmosphere is acceptable
    .
    At present, the mainstream price of calcium carbide method is about 6850-6950 yuan / ton (including tax self-pickup), and the mainstream price of ethylene Qilu source S1000/S700 is 7050-7150 yuan / ton including tax self-pickup
    .
    The PVC market in Shanghai has a good trend, futures have risen slightly, the market inquiry atmosphere is acceptable, and the actual orders are mainly
    negotiation.
    The mainstream of calcium carbide method 5 type material is 7050-7120 yuan / ton self-pickup
    .
    , East China ethylene trader Qilu 7100-7200 yuan / ton, local enterprises are expected to send 7200-7300 yuan / ton
    .

    Upstream price: naphtha CF Japan reported 649.
    38 US dollars / ton, up 1.
    13%; FOB Singapore was trading at $71.
    44 a barrel, up 1.
    13%.

    CFR Southeast Asia was flat at $1225/mt
    .
    Domestic calcium carbide prices were stable, with East China reporting 3370 yuan, flat, and Northwest reporting 3060 yuan, flat
    .

    Spot market: CFR Southeast Asia was flat at $920; CFR China was flat at $925; North China calcium carbide law reported 6910 yuan / ton, up 40 yuan; ethylene law reported 7050 yuan / ton, flat; East China calcium carbide method reported 7100 yuan / ton, up 70 yuan, ethylene method 7200, up 50 yuan; South China calcium carbide method 7050 yuan, flat, ethylene method 7200 yuan, flat
    .

    The PVC1809 contract fluctuated at a high level and reduced its position during the session, indicating that the short-term trend is still repeated
    .
    Fundamentally, the peak of device maintenance and the stationing of environmental protection groups for inspection have formed a certain support for the futures price, but the short-term increase is too large, and there are certain technical adjustment requirements
    .
    Technical indicators, MACD gold cross up, but KDJ high flat, indicating that the long and short divergence is gradually widening
    .
    In terms of operation, investors can choose the opportunity to reduce their holdings at high prices and beware of the risk
    of technical pullbacks.

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