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

    PVC morning review on June 28

    • Last Update: 2022-12-02
    • Source: Internet
    • Author: User
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    On Monday, the PVC1609 contract opened high and went higher, testing the support near the five-day line below, and testing the pressure around 5900 above, due to the inversion of the futures spot spread, paying attention to the spot market spot, it is expected to remain strong in the short term
    .

    PVC

    Raw material prices: 1, Japan naphtha CF Japan reported 420.
    62 yuan / ton, down 9.
    26; naphtha FOB Singapore reported 45.
    11 US dollars / barrel, down 0.
    98
    .
    Ethylene CFR Northeast Asia was at $1090/ton, up 30, and CFR Southeast Asia was at $1060/ton, up 20
    .

    Spot market: The price of some domestic PVC spot market has risen.

    North China calcium carbide law reported 5160 yuan / ton, flat; ethylene law reported 5400 yuan / ton, flat; East China calcium carbide law reported 5420 yuan / ton, up 100, ethylene law reported 5570 yuan / ton, unchanged
    .
    South China calcium carbide method reported 5460, up 140, ethylene method 5550 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, Inner Mongolia Yidong Dongxing Chemical PVC paste resin temporary stable quotation, 1302 peripheral delivery to the execution of 7000 yuan / ton, real transaction flexibility
    .
    The plant is under shutdown and maintenance of 100,000 tons/year plant
    .

    Fundamentally, in the short term, the early shipment of some areas is excessive, the inventory is slightly insufficient, the market price quotation is raised, boosting the current price, and the rise of coking coal and coke, the futures price is stronger, it is recommended to rely on the five-day line to go long
    .

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