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    Home > Chemicals Industry > New Chemical Materials > PVC morning review on April 18

    PVC morning review on April 18

    • Last Update: 2022-12-02
    • Source: Internet
    • Author: User
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    On Friday, the PVC1609 contract closed up in volatility, testing support around 4900 below, testing pressure around 5100 above, short-term or maintaining oscillations in the 4900-5100 range, recommended range trading
    .

    PVC

    Raw material prices: 1, Japan naphtha CF Japan reported 395.
    5 yuan / ton, up 0.
    5; naphtha FOB Singapore reported 42.
    4 US dollars / barrel, up 0.
    05
    .
    Ethylene CFR Northeast Asia was flat at $1200/mt, while CFR Southeast Asia was at $1170/mt, up 10
    %.

    Spot market: The price of some domestic PVC spot market is basically flat
    .
    North China calcium carbide law reported 5320 yuan / ton, flat; ethylene law reported 5550 yuan / ton, down 10; East China calcium carbide law reported 5300 yuan / ton, flat, ethylene method reported 5720 yuan / ton, flat
    .
    South China calcium carbide method reported 5400, flat, ethylene method 5800 tons, flat
    .
    The price of raw materials was basically flat, East China reported 2700 yuan, flat, and Northwest reported 2300 yuan, flat
    .

    News side: 1, Inner Mongolia Wuhai Chemical PVC 300,000 tons / year plant stopped on the evening of April 7, resumed driving yesterday, today's quotation is temporarily stable, calcium carbide method 5 type material implementation 5150 yuan / ton, the transaction can be negotiated
    .

    The downstream terminal has a weak sentiment for the purchase of high-priced raw materials, and more on-demand goods are taken, and some companies have lowered the factory price, but the maintenance of the device in the future market is expected, the fundamentals are long and short intertwined, and the futures price is expected to maintain range volatility
    .

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