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

    PVC morning review on July 18

    • Last Update: 2022-12-02
    • Source: Internet
    • Author: User
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    On Friday, the PVC1609 contract closed in volatility, testing support around 5600 below, testing pressure at the 5900 mark above, and short-term recommendations to short in the 5600-5900 range
    .

    PVC

    News side: 1, Shenyang chemical PVC paste resin temporarily not quoted to the public, the company's annual output of 150,000 tons / year paste resin plant stopped for maintenance on the 11th, it is expected to be about 15 days, and continue to pay attention in the later stage
    .

    Raw material prices: 1, Japan naphtha CF Japan reported 392.
    62 yuan / ton, up 4.
    24; naphtha FOB Singapore reported 41.
    93 US dollars / barrel, down 0.
    47
    .
    Ethylene CFR Northeast Asia was flat at $1135/mt, and CFR Southeast Asia was flat at $1085/mt
    .

    Spot market: The price of some domestic PVC spot market is basically flat
    .
    North China calcium carbide law reported 5450 yuan / ton, flat; ethylene law reported 5600 yuan / ton, up 50; East China calcium carbide law reported 5600 yuan / ton, flat, ethylene law reported 5650 yuan / ton, flat
    .
    South China calcium carbide method reported 5620, flat, ethylene method 5770 tons, flat
    .
    The price of raw materials was basically flat, East China reported 2700 yuan, flat, and Northwest reported 2240 yuan, flat
    .

    Fundamentally, the sharp rise in commodities such as coal and iron ore has led to the strengthening of PVC futures prices, but the downstream enthusiasm for the purchase of high-priced raw materials is weak, and futures have risen sharply to spot, and the market is facing the arrival of the demand off-season, and it is expected that the price increase space is limited
    .

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