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    Home > Chemicals Industry > New Chemical Materials > PVC opens high and goes low It is recommended to trade in the range

    PVC opens high and goes low It is recommended to trade in the range

    • Last Update: 2022-12-07
    • Source: Internet
    • Author: User
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    The PVC1805 contract opened at 6290, the highest was 6340 yuan / ton, the lowest was 6065 yuan / ton, and the closing was 6140 yuan / ton, down 115 from the previous trading day, or 1.
    84%
    on the day.
    The volume increased to 368,000 lots, and the position increased by 17,116 lots to 196,100 lots
    .

    PVC

    News: 1.
    Taishan salinization 100,000 tons/year PVC plant starts normally
    .
    Today's price was lowered by 50 yuan / ton, and the calcium carbide method 5 type factory reported 6170 yuan / ton acceptance, mainly through real negotiations
    .

    Price: 1, Japan naphtha CF Japan reported 593.
    75 US dollars / ton, down 5.
    25; naphtha FOB Singapore reported 64.
    85 US dollars / barrel, down 0.
    58
    .
    ethylene CFR Northeast Asia 1300, flat; CFR Southeast Asia was flat at $1175/mt
    .

    Spot market: The price of some domestic PVC spot market has risen.

    North China calcium carbide law reported 6060 yuan / ton, down 60; Ethylene law reported 6600 yuan / ton, flat; East China calcium carbide method reported 6070 yuan / ton, down 50, ethylene method 6750 yuan / ton, flat; South China calcium carbide method 6080, down 40, ethylene method 6650, flat
    .
    The price of raw materials was flat, East China reported 3300 yuan, flat, and Northwest reported 3470 yuan, flat
    .

    Short-term black series to maintain high volatility, coupled with some areas PVC inventory is not high, PVC prices have a certain support, but in the off-season and winter peak production restrictions, demand follow-up is insufficient, the southern market supply increased slightly, limiting its upside, short-term maintenance range wide volatility, futures price transfer for months new main contract and spot price gap is large, short-term decline to repair the
    basis.

    Technically, the PVC1805 contract opens high and goes low, short-term below test support around 6000, upper test pressure around 6300, short-term or maintain in the 6000-6300 range oscillation, recommended range trading
    .

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