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    Home > Chemicals Industry > New Chemical Materials > PVC morning review on July 28

    PVC morning review on July 28

    • Last Update: 2022-12-02
    • Source: Internet
    • Author: User
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    PVC1609 contract volatility closed higher, below test around 5500 support, above test 5700 mark pressure, is expected to maintain short-term 5500-5700 range oscillation, recommended range trading
    .

    PVC

    Raw material prices: 1, Japan naphtha CF Japan reported 371.
    25 yuan / ton, down 10; Naphtha FOB Singapore was trading at $39.
    35 a barrel, down 1.
    13
    .
    Ethylene CFR Northeast Asia was at $1095/ton, down 25, and CFR Southeast Asia was at $1035/ton, down 25
    .

    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 5700 yuan / ton, flat; East China calcium carbide law reported 5600 yuan / ton, flat, ethylene law reported 5880 yuan / ton, flat
    .
    South China calcium carbide method reported 5600, down 20, ethylene method 5920 tons, flat
    .
    The price of raw materials was basically flat, East China reported 2700 yuan, flat, and Northwest reported 2240 yuan, flat
    .

    News side: 1, Shenyang chemical PVC paste resin temporarily stable external quotation, leather material M-31 reported at 8,000 yuan / ton
    .
    The company's annual output of 150,000 tons/year paste resin plant was started up today, and the actual transaction is flexible and negotiable
    .

    Warehouse receipt data: 1320
    .

    Fundamentally, driven by the rise in coal, PVC prices have been boosted, but the downstream enthusiasm for high-priced raw material procurement is weak, and futures have risen sharply to spot, short-term downstream is in the off-season of demand, market supply pressure is gradually increasing, and it is expected that the price increase momentum is insufficient
    .

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