PVC narrow finishing Pay attention to the support strength of the 6570 line

News: The production and sales of PVC downstream enterprises are still not satisfactory
.
The order volume of PVC downstream pipe profile factories in various places is still unsatisfactory, and the operating rate of enterprises generally maintains a low level in the early stage
.
There are no favorable signs on the terminal demand side, and the current pipe companies lack confidence in the future market, and the raw material PVC just needs to be purchased, and the enthusiasm for procurement is not high
.
The factory is still basically out of stock, there is no intention to stock up a lot in the near future, and the shipment situation of traders is hindered
.

Spot market: Longzhong Information reported on June 18: Qilu Chemical City calcium carbide method 5 price is stable, the quotation is 6660 yuan / ton (including tax self-pickup), ethylene Qilu price is stable, S700 quotation is 6810 yuan / ton, S1000 quotation is 6790 yuan / ton
.

Warehouse receipt inventory: the exchange warehouse receipt reported 2000 lots, which is in the historical median area, +0 lots
within the day.
Main positions: The top 20 long positions in the main contract are 163302 lots +2964 lots, short positions are 141989 lots, -3033 lots, and net long positions are 21313 lots, +5997 lots
.

Summary: Downstream demand generally produces a certain suppression on the price of PVC, but the price of the Asian market has rebounded, and the peak period of equipment maintenance has produced certain support
for the price of PVC.
Technically, PVC1909 is currently in the bottom-building market after a continuous decline, with pressure on the top and support below, MACD low flat, green column contraction, KDJ indicator is also hovering at a low level, short-term direction is unknown
.
The future market pays attention to the support of the 6570 line, and operationally, it is recommended that investors operate in the 6570-6750 range
.