PVC low detection and recovery air slightly superior

News: The price of PVC in northwest Europe was stable at $870, the price of PVC in Asia was stable at $890, and the US market rose $40 to $805
.

Spot market: The PVC market in Hebei has improved in the atmosphere, but the transaction is average, the downstream demand is not good, and the downward
trend is weak.
The price of 5 type material including tax is delivered at 6600-6680 yuan / ton, and some lower and higher prices have also been heard
.
The price of PVC market in Fujian was reduced, the trading atmosphere was light, and the quotation of calcium carbide five-type material: Xinfa 6850 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 170260 lots -17058 lots, short positions are 155930 lots, -15705 lots, and net long positions are 14430 lots, -1353 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 has rebounded, trading volume has risen sharply, and positions have decreased
significantly.
The main position shows that the strength of the long position reduction is slightly greater than the strength of the short position, and the short side has the advantage
.
On the indicator, MACD fell slightly, the green bar was flat, the KDJ indicator hovered low, there were signs of divergence in the short term, and there were signs of golden cross, indicating a short-term or rebound
.
Operationally, the empty hand is closed on the low
.