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    Home > Chemicals Industry > New Chemical Materials > PVC morning review on May 23

    PVC morning review on May 23

    • Last Update: 2022-12-02
    • Source: Internet
    • Author: User
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    On Friday, PVC1609 contracts increased positions upward, below to test support around 5050, above to test pressure around 5220, short-term or maintain range oscillation, it is recommended to oscillate strongly in the 5000-5220 range, it is recommended to go long
    on dips.

    PVC

    Raw material prices: 1, Japan naphtha CF Japan reported 424.
    38 yuan / ton, up 7.
    38; naphtha FOB Singapore reported 45.
    39 US dollars / barrel, up 0.
    77
    .
    Ethylene CFR Northeast Asia was at $1170/ton, down 10, and CFR Southeast Asia was at $1135/ton, down 5
    .

    Spot market: The price of some domestic PVC spot market is basically flat
    .
    North China calcium carbide law reported 5190 yuan / ton, flat; ethylene law reported 5510 yuan / ton, flat; East China calcium carbide law reported 5270 yuan / ton, up 60, ethylene law reported 5670 yuan / ton, unchanged
    .
    South China calcium carbide method reported 5220, flat, ethylene method 5780 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, Shandong Dongyue PVC latest price slightly increased, calcium carbide method 5 type material implementation of 5320 yuan / ton acceptance self-pickup, enterprise inventory is reasonable, the plant 120,000 tons / year PVC unit is basically full production, the actual shipment is slightly lower
    .

    Warehouse receipt data: 5, down 330
    from the previous trading day.

    On the whole, fundamentally, some market quotations are raised, coupled with the market expectation of the Northwest Enterprise Joint Conference favorable good news release, PVC prices remain strong and volatile
    .

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