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On Thursday, PVC1701 volatility closed down, below to test support around 5400, above to test the 5600 mark pressure, short-term technical pullback, but it is expected that the overall pullback range is limited, short-term focus on support around 5400, if the futures price stands firm 5400 then try to intervene
long.
Raw material prices: 1, Japan naphtha CF Japan reported 384.
75 yuan / ton, down 16.
75; naphtha FOB Singapore reported 40.
46 US dollars / barrel, down 2.
03
.
Ethylene CFR Northeast Asia was flat at $1195/mt, and CFR Southeast Asia was flat at $1070/mt
.
Spot market: The price of some domestic PVC spot market is basically flat
.
North China calcium carbide law reported 5850 yuan / ton, flat; ethylene law reported 6380 yuan / ton, flat; East China calcium carbide law reported 5920 yuan / ton, down 30, ethylene method reported 6500 yuan / ton, unchanged
.
South China calcium carbide method reported 5900, up 20, ethylene method 6580 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, Henan Jiyuan Fangsheng PVC quotation reduced by 100 yuan / ton, calcium carbide method 5 type material to the outside 5700 yuan / ton spot remittance, large households slightly lower
.
The production capacity of the enterprise is small, basically based on local consumption, the annual output of 50,000 tons of equipment in the plant is about 80%, and the shipment is acceptable
.
Warehouse receipt data: 7415
.
Affected by environmental protection policies and G20, the supply of calcium carbide is slightly insufficient, but at present, due to the maintenance of some PVC devices downstream, the supply of calcium carbide has improved
.
PVC social inventory remains at a moderate to lower level, coupled with some maintenance devices, the market supply pressure is not large, but near the delivery month, the exchange warehouse receipt increases, if the source of goods flows into the market, there may be a certain suppression
of the price.