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Today, the PVC1609 contract closed in volatility, testing support around 5700 below, testing pressure at the 5800 mark above, and short-term recommendations to short in the 5700-5800 range
.
Raw material prices: 1, Japan naphtha CF Japan reported 392.
62 yuan / ton, up 4.
24; Naphtha FOB Singapore was trading at $41.
93 a barrel, up 0.
47
.
Ethylene CFR Northeast Asia was flat at $1135/mt, and CFR Southeast Asia was flat at $1085/mt
.
In the spot market, Taizhou Liancheng 450,000 tons/year PVC plant started about 70%, US60 quoted 6,000 yuan / ton East China delivery; LG Bohai Chemical PVC 400,000 tons/year plant is okay, shipments are stable, and each model is tentatively reported to be around 5700-5750 yuan / ton for North China; Ningbo Hanwha PVC plant is basically at full load, and the current remittance in East China and South China is sent to: HG-1000F reported 6050 yuan / ton; HG700/HG800 reported 6100 yuan / ton
.
News side: 1, Shenyang chemical PVC paste resin temporarily not quoted to the public, the company's annual output of 150,000 tons / year paste resin plant stopped for maintenance on the 11th, it is expected to be about 15 days, and continue to pay attention in the later stage
.
Fundamentally, upstream coke coal closed sharply down, the support for PVC costs weakened, the downstream enthusiasm for high-priced raw material procurement was weak, and futures rose sharply to spot, and the market faced the arrival of the demand off-season, and it is expected that the price increase space is limited
.
The quotation of the domestic PVC market at the beginning of the week was stable, the quotation of market sources was rarely adjusted, and the wait-and-see sentiment of traders rose; Some manufacturers held pricing meetings at the beginning of the week, and most of them remained stable; Futures are weak in the short term, and the boost to the spot market is limited, and PVC is expected to remain stable this week, and the intention
to reduce the intention in the later period is not ruled out.