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    Home > Chemicals Industry > New Chemical Materials > PVC increased its position and went higher, and the power of the bears weakened significantly

    PVC increased its position and went higher, and the power of the bears weakened significantly

    • Last Update: 2022-12-15
    • Source: Internet
    • Author: User
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    Market situation: PVC increased its position higher on Wednesday, V1909 opened at 67910 yuan / ton, the highest reported 6880 yuan / ton, the lowest reported 6780 yuan / ton, and closed at 6825 yuan / ton, +0.
    81% from the previous trading day; Volume 792216 lots, + 556498 lots; Position 507868, +58046 lots
    .
    Basis -40 yuan, -10 yuan, 5-9 spread 30 yuan, -15 yuan
    .

    PVC

    News: Inner Mongolia Yidong Dongxing PVC gas cabinet explosion, window glass within 2 kilometers were shattered, the specific casualties are still uncertain, the enterprise has 360,000 tons of polyvinyl chloride, 320,000 tons of caustic soda, 600,000 tons of calcium carbide and 1 million tons of cement, is expected to have an impact
    on the price of PVC and caustic soda.

    Spot market: Qilu Chemical City PVC market price adjustment, some calcium carbide signs of upward adjustment, calcium carbide method 5 type quotation at 6800-6820 yuan / ton, ethylene Qilu price increase 80 yuan / ton, S1000 price in 6830 yuan / ton
    .
    The price of PVC market in Shanghai was raised, the mainstream of calcium carbide 5 type material was 6900-6980 yuan / ton self-pickup, and the ethylene method Dagu Qilu material 1000 model was sent to 7000-7100 yuan / ton for negotiation
    .

    Warehouse receipt inventory: Exchange warehouse receipts reported 0 lots, in the historical low area, stable
    intraday.
    Main positions: the top 20 long positions in the main contract are 162496 lots +9668 lots, short positions are 171937 lots, +16180 lots, and net long positions are -9941 lots and -6512 lots
    .

    Environmental protection inspection has strictly suppressed prices, but the trend of crude oil is firm, and the Ito Dongxing accident and social inventories have fallen to a certain extent
    to support PVC prices.
    Technically, PVC1909 increased its position sharply to the upside and hit a new recent high, and the short-term trend returned to strength
    .
    However, the main position shows that the strength of the long position increase is less than the strength of the short position, and the short side has the advantage
    .
    On the technical indicators, the MACD hovers at a high level, a red bar appears, and the KDJ indicator turns upwards, indicating that the bearish power has weakened
    significantly.
    In terms of operation, it is recommended that conditional investors can reduce their positions at high and take them back after the return, and stable investors can continue to hold
    more orders cautiously.

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