PVC rebound is weak Holdings increased slightly

News: As of August 29, the price center of gravity of PVC CFR China's main port fell by $10/ton month-on-month to $950/ton
.
The source trading price of Asian origin is 960 US dollars / ton CFR in the main port of China, and the source trading price of the United States origin is heard to be 860-880 US dollars / ton CFR in the main port of China
.
CFR India's main port of gravity price center fell $5/mt month-on-month to $980/mt, and market buyers intended to bid $960-970/mt CFR India
.

Upstream price: naphtha CF Japan reported 666.
62 US dollars / ton, down 0.
07%; FOB Singapore was trading at $72.
66 a barrel, up 0.
07%.

ethylene CFR Northeast Asia 1395 US dollars / ton, flat; CFR Southeast Asia was flat at $1270/mt
.
Domestic calcium carbide prices were stable, with East China reporting 3370 yuan, flat, and Northwest reporting 3290 yuan, flat
.

Spot market: CFR Southeast Asia was flat at $950; CFR China was trading at $950, down $
10.
North China calcium carbide law reported 7010 yuan / ton, down 80 yuan; ethylene law reported 7330 yuan / ton, flat; East China calcium carbide method reported 7050 yuan / ton, flat, ethylene method 7500, flat; South China calcium carbide method 7220 yuan, flat, ethylene method 7550 yuan, down 130 yuan
.

The PVC1901 contract rebounded weakly, with a slight increase in holdings and a weak short-term trend
.
Fundamentally, the loosening of spot prices and the decline of spot prices in many overseas places have put pressure on
futures prices.

Technically, the MACD oscillation retreated, but the KDJ indicator showed signs of flattening at a low level, and there was a divergence
in the technical indicators.
In operation, investors can still hold them cautiously if they set a take profit in their short orders
.