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    Home > Chemicals Industry > New Chemical Materials > PVC opened low and went high, and the trading volume rose sharply

    PVC opened low and went high, and the trading volume rose sharply

    • Last Update: 2022-12-13
    • Source: Internet
    • Author: User
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    PVC1901 contract opened at 6275 yuan, the highest 6370 yuan, the lowest 6250 tons, closed at 6355 tons, up 35 yuan, or 0.
    55%, the volume was 304028, and the position increased by 5360 lots to 281744 lots
    .

    PVC

    News: The PVC market in Qilu Chemical City fell in a narrow range, with some sources reduced by 10-20 yuan / ton, the market inquiry atmosphere was general, and the transaction was tepid
    .
    The mainstream price of calcium carbide type 5 is 6430-6450 yuan / ton; Guangzhou PVC market quotation raised by 10-20 yuan, calcium carbide five-type material mainstream price in 6430-6550 yuan / ton cash exchange, Shanghai PVC market sideways, traders temporarily stabilized the price wait-and-see, real single negotiation mainly
    .

    Upstream Price: Naphtha CF Japan reported $547.
    25/mt, +0.
    71%; FOB Singapore is trading at $58.
    53/b, +0.
    81%.

    ethylene CFR Northeast Asia 950 USD/mt, +1.
    06%; CFR Southeast Asia is trading at $860/mt, +0%.

    Domestic calcium carbide prices fell, East China reported 3340 yuan, -0%, Northwest reported 3075 yuan, -1.
    6%.

    Spot market: CFR Southeast Asia quoted $850, +0%; CFR China is trading at $850, +0%.

    Domestic: North China calcium carbide law reported 6430 yuan / ton, +0.
    47%; Ethylene law reported 6550 yuan / ton, -0.
    76%; East China calcium carbide method reported 6420 yuan / ton, -0%, ethylene method 6750 yuan, -0%; South China calcium carbide method 6500 yuan, -0.
    78%, ethylene method 7220 yuan, +0%.

    PVC1901 opened low and went high, the trading volume rose sharply, the position also increased slightly, and the fly in the ointment was that the close still failed to stand on the 20-day moving average
    .
    Fundamentally, calcium carbide prices have fallen, spot prices have risen and fallen to suppress futures prices, but social inventories continue to fall, and after continuous decline, there are certain rebound requirements
    in the short term.

    Technically, the MACD indicator and the KDJ indicator are passivated at a low level, indicating that there are signs of
    overbearing.
    In terms of operation, it is recommended that investors can take advantage of the dip to build a long rebound, and pay attention to strictly setting a stop loss
    .

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