PVC oscillation weakened range high short selling

Raw material prices: 1, Japan naphtha CF Japan reported 524.
75 yuan / ton, down 2.
37; naphtha FOB Singapore reported 57.
4 US dollars / barrel, down 0.
42
.
ethylene CFR Northeast Asia 1310 US dollars / ton, up 10; CFR Southeast Asia was flat at $1110/mt
.

Spot market: The price of some domestic PVC spot market fell
slightly.
North China calcium carbide law reported 6680 yuan / ton, unchanged; ethylene law reported 6970 yuan / ton, flat; East China calcium carbide law reported 6620 yuan / ton, down 10
.
South China calcium carbide method reported 6670 yuan / ton, down 30, ethylene method 7100 tons, down 50
.
The price of raw materials was basically flat, with East China reporting 3,310 yuan, flat, and Northwest reporting 3,000 yuan, flat
.

News side: 1.
The price of Shandong Xinfa PVC was lowered by 50 yuan / ton
.
The calcium carbide method 5 type material is 6550 yuan / ton of spot remittance self-pickup, the plant 600,000 tons / year device is basically operating normally, and the sales situation is acceptable
.

I heard that some corporate orders were pre-sold until March, and the market remained firm due to tight supply of goods, but PVC weakened due to the short-term central bank's continuous reverse repurchase tightening of market liquidity chemicals
.
Technically, the PVC1705 contract closed down in volatility, the futures price tested the support around 6650 below, the pressure at the 6800 mark was tested above, and the futures price may remain in the 6650-6800 range, and it is recommended to sell short at
the high of the range.