PVC opened low and went low and rebounded weakly in the afternoon

Crude oil continued to fall in the market, ethylene prices continued to fall before the holiday, chemical futures overall weak operation, PVC production enterprises operating rate remained high, inventory accumulation, and pre-holiday demand was light, the futures price formed greater pressure, short-term or will continue weak operation, it is recommended that 6600 support is effective short mainly, long-term can also be held lightly, pre-holiday to be cautious and wait-and-see
.

The US regional ethylene market closed up $5.
5/mt, and FD US Gulf closed at $485-495/mt
.
Ethylene market prices in Asia fell slightly, with CFR Northeast Asia closing down $15/mt to close at $1299-1301/mt; CFR Southeast Asia closed down $20 a tonne to settle at $1199-1201/mt
.
Today's quotations in the domestic market are mainly stable, pre-holiday trading is light, and the spot market does not fluctuate much
.

The number of holiday enterprises in the downstream market has increased, the enthusiasm for market participation has weakened, and the demand for pre-holiday stocking tends to end; On the supply side, the maintenance of the plant was relatively small, and the operating rate recovered
.
The fundamentals are intertwined
with long and short.

Technically, the PVC1805 contract is sideways around the five-day moving average, and the KDJ and MACD indicators have signs of stopping, but considering that the long holiday is approaching, affected by the pre-holiday effect, it is expected that the short-term will remain in a weak shock format, with upper pressure 6825 and lower support 6650
.
Aggressive investments can sell high and sell low in this range
.