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    Home > Chemicals Industry > New Chemical Materials > PVC is slightly higher, and the air force is still superior

    PVC is slightly higher, and the air force is still superior

    • Last Update: 2022-12-16
    • Source: Internet
    • Author: User
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    Market situation: PVC slightly higher, V1909 opened at 6785 yuan / ton, the highest was 6830 yuan / ton, the lowest was 6730 yuan / ton, and the close was 6760 yuan / ton, -1.
    02% from the previous trading day; Volume 511648 lots, + 245994 lots; Position 500198 lots, +15712 lots
    .
    Basis 100 yuan, +20 yuan, 9-1 spread 200 yuan, +25 yuan
    .

    PVC

    News: The Ministry of Commerce issued an announcement on May 30, deciding to conduct a final review investigation
    on the anti-dumping measures applicable to imports of tetrachloroethylene originating in the European Union and the United States.
    Currently, the anti-dumping duty rate applicable to EU companies is 27.
    6%, and the anti-dumping duty rate applicable to US companies is 71.
    8%.

    Spot market: The PVC market in Hebei has improved its sentiment, but the transaction is general, the downstream demand is not good, and the price fluctuates
    slightly.
    The price of Type 5 material including tax is delivered at 6720-6840 yuan / ton, and some lower and higher prices have also been heard
    .
    The price of PVC market in Shanghai was slightly reduced, and the mainstream quotation of calcium carbide five-type material was 6800-6900 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 182406 lots +4468 lots, short positions are 176316 lots, +5713 lots, and net long positions are 6090 lots, -1245 lots
    .

    Summary: The high level of crude oil has fallen, the Sino-US trade war has intensified, and downstream demand has generally suppressed the price, but the increase in equipment maintenance and the decline in social inventory have produced certain support
    for PVC prices.
    Technically, PVC1909 fell under pressure, and both trading volume and position volume increased
    significantly.
    The main position shows that the strength of long position increase is not as strong as the strength of short position increase, and the short side has the advantage
    .
    On the indicator, MACD fell slightly, the green bar elongated, and the KDJ indicator was a low dead cross, indicating that the bearish force still prevailed
    .
    The future market pays attention to the support of the 6700 line
    .
    Operationally, short orders in hand continue to be held
    cautiously.

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