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    Home > Chemicals Industry > New Chemical Materials > PVC narrow finishing shows a strong atmosphere before the festival

    PVC narrow finishing shows a strong atmosphere before the festival

    • Last Update: 2022-12-13
    • Source: Internet
    • Author: User
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    PVC1901 contract opened at 6640 yuan, the highest 6685 yuan / ton, the lowest 6610 yuan / ton, closed at 6650 yuan / ton, down 30 yuan, down 0.
    45%, the volume reported 184364 lots, and the position decreased by 30764 lots to 263992 lots
    .

    PVC

    News: According to the statistics of professional institutions: the domestic PVC output in August was about 1.
    64 million tons, which increased from the output in July, mainly due to the reduction of domestic PVC equipment maintenance and the steady increase in operating rate, resulting in an increase
    in PVC supply.
    According to customs statistics, the export volume of PVC pure powder in August 2018 was 46,000 tons, an increase of 58.
    62% over the previous month and a year-on-year decrease of 19%
    compared with the same period last year.

    Upstream price: naphtha CF Japan reported $713.
    25 / ton, up 0.
    87%; FOB Singapore was trading at $78.
    03 a barrel, up 0.
    94%.

    ethylene CFR Northeast Asia 1300 US dollars / ton, flat; CFR Southeast Asia was flat at $1160/mt
    .
    Domestic calcium carbide prices were stable, with East China reporting 3700 yuan, flat, and Northwest reported 3405 yuan, flat
    .

    Spot market: CFR Southeast Asia was flat at $880; CFR China was flat at $870
    .
    North China calcium carbide law reported 6760 yuan / ton, down 30 yuan; ethylene law reported 7,000 yuan / ton, flat; East China calcium carbide method reported 6750 yuan / ton, down 50 yuan, ethylene method 7080 yuan, flat; South China calcium carbide method 6920 yuan, down 30 yuan, ethylene method 7300 yuan, down 50 yuan
    .

    PVC1901 was sorted out in a narrow range, and the trading volume and position volume shrank sharply, showing a strong atmosphere before the holiday
    .

    Fundamentally, the strong price of calcium carbide has formed a certain support for the futures price, but the Asian spot price is sluggish, and the willingness of downstream demanders to take goods is not strong, which suppresses
    the futures price.

    Technically, MACD has a low flattening, the green column is shortened, the KDJ indicator is repeated near the central axis, and the short-term direction is unclear
    .
    Operationally, tomorrow is the last trading day before the long holiday, and investors are advised to wait and see
    .

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