PVC morning review on October 11

Raw material prices: 1, Japan naphtha CF Japan reported 445.
25 yuan / ton, up 11.
75; naphtha FOB Singapore reported 47.
67 US dollars / barrel, up 1.
38
.
Ethylene CFR Northeast Asia was at $1090/ton, down 10, and CFR Southeast Asia was flat at $1040/ton
.

Spot market: The price of some domestic PVC spot market is basically flat
.
North China calcium carbide law reported 6670 yuan / ton, flat; ethylene law reported 7150 yuan / ton, flat; East China calcium carbide law reported 6970 yuan / ton, up 50, ethylene law reported 7270 yuan / ton, unchanged
.
South China calcium carbide law reported 7020, up 80, ethylene method 7270 tons, up 50
.
The price of raw materials was basically flat, East China reported 2820 yuan, flat, and Northwest reported 2450 yuan, flat
.

News side: 1.
Shandong Xinfa PVC quotation was raised by 30 yuan / ton, and calcium carbide method 5 type materials are now factory 6710 yuan / ton spot exchange
.
The 600,000 tons/year plant in the factory area is operating normally, and the shipment is in the near term
.

Warehouse receipt data: 6446
.

Summary of view: The increase in the price of coal, blue charcoal and calcium carbide, the increase in freight rates caused by the new load restriction regulations and other tightening policies have provided impetus
for the continuous increase in PVC prices.
PVC spot social inventory remained at a medium-low level, and load restrictions led to tight supply in East and South China, and prices continued to rise
.
In the future market, the gold nine silver ten small peak season, demand still exists, and heard that most of the enterprise orders pre-sale to mid-October, it is expected that the market supply in the later period is still tight, the second round of environmental protection inspection is about to start, there is a certain favorable support for the market, it is recommended to adopt a strategy
of bargain hunting and long.