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    Home > Chemicals Industry > New Chemical Materials > PVC opens high and goes low, and the short-term direction is unclear

    PVC opens high and goes low, and the short-term direction is unclear

    • Last Update: 2022-12-16
    • Source: Internet
    • Author: User
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    Market situation: PVC opened high and low, V1909 opened 6695 yuan / ton, the highest reported 6710 yuan / ton, the lowest reported 6630 yuan / ton, closed 6645 yuan / ton, +0.
    00% from the previous trading day; Volume 267442 lots, -175820 lots; Position 436072 lots, +1732 lots
    .
    Basis 5 yuan, +35 yuan, 9-1 spread 200 yuan, +5 yuan
    .

    PVC

    News: Taiwan's PVC shipping quotation in July rose by $40 / ton, CFR China / Southeast Asia at $890 / ton, CIF India at $910 / ton, FOB Taiwan at $860 / ton, real negotiation of preferential margins
    .

    Spot market: the price of PVC market in Shanghai is stable and sorted, the price of off-site warehouse pickup is low, the mainstream quotation of calcium carbide five-type material is 6630-6750 yuan / ton, and the ethylene method Dagu Qilu material 1000 model is sent to 6800-6850 yuan / ton for negotiation
    .
    The price of PVC market in Guangzhou was slightly raised, the price of type 5 material was increased by 20 yuan / ton, and the mainstream price was 6720-6770 yuan / ton for cash withdrawal
    .

    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 166712 lots +2200 lots, short positions are 153426 lots, +3746 lots, and net long positions are 13286 lots, -1546 lots
    .

    Summary: The trend of crude oil is still weak, and downstream demand generally suppresses the price, but the price of the Asian market has rebounded, and the peak period of equipment maintenance has produced some support
    for PVC prices.
    Technically, PVC1909 opened high and went low, the trading volume shrank sharply, and the position increased slightly
    .
    The main position shows that the strength of the long position increase is less than the strength of the short position, and the short side has the advantage
    .
    On the indicator, the MACD low level is flat, the green bar is contracting, and the KDJ indicator is also hovering at the low level, and the short-term direction is not clear
    .
    The city pays attention to the support of the 6550 line, and operationally, it is recommended that investors operate in the 6550-6750 range
    .

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