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Market situation: PVC main V2001 contract on Monday fluctuated upward, closing at 6680 yuan / ton, +0.
6% from the previous trading day; Volume 216482 lots, +61642 lots; Position 298332 lots, +30616 lots, basis 110 yuan, 9-1 spread 185 yuan
.
News: According to China Chlor-Alkali Network, in October this year, the national hazardous chemical safety production risk monitoring and early warning system will be completed and operated in Shandong to achieve dynamic perception and real-time early warning
of major hazards of hazardous chemicals.
Upstream raw material market: the mainstream price of calcium carbide market in Northwest China is 3075 yuan / ton, -50; the mainstream price in North China and Shandong is 3290 yuan / ton, -25
.
The price of CFR Far East in the Asian VCM market is 660 US dollars / ton, and CFR Southeast Asia is 690 US dollars / ton
.
Spot market: PVC SG-5 East China spot market rose 20 yuan / ton, the mainstream price is 6790 yuan / ton, +20; the South China market price is stable, SG-5 mainstream price is 6880 yuan / ton
.
Warehouse receipt inventory: exchange warehouse receipt reported 2000 lots, intraday +0 lots
.
Main position: The top 20 long positions in the main contract are 109207 lots, +9249 lots, short positions are 99690 lots, +11276 lots, and net positions are 9517 lots, net long and double.
Summary: The price of upstream calcium carbide has been lowered, and the cost support has weakened
.
PVC social inventory declined, but affected by the tightening of environmental protection policies, downstream construction has not changed much, many enterprises continue to maintain just need procurement, driving price upward action is insufficient
.
V2001 price volatility higher, MACD red column growth, upper focus on pressure around 6750, below focus on support around 6600, the price is expected to maintain volatility sorting
.
It is recommended to throw high and suck
low within 6600-6750.