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PVC morning review on May 25

 Last Update: 2022-12-02
 Source: Internet
 Author: User

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On Tuesday, the PVC1609 contract closed in volatility, testing support around 5000 below, pressure around 5200 above, short-term or maintaining range volatility, it is recommended to trade
in the 5000-5200 range.

PVC

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 5330 yuan / ton, flat, ethylene law reported 5670 yuan / ton, flat
.
South China calcium carbide method reported 5250, 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, Inner Mongolia Yili PVC 500,000 tons / year device stopped for maintenance around May 16, the manufacturer said that it plans to resume driving today, calcium carbide method 5 type material plant spot is not much, the external quotation
is not clear for the time being.

Warehouse receipt inventory: 0 PVC warehouse receipts, unchanged
from the previous trading day.

Fundamentally, the spot market is under-turned, but the upstream continues to raise prices, because in the short term under the momentum of price increases, some devices have plans to resume production, and it is expected that the supply of the market will increase or suppress the market to a certain extent
.

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