PVC rebounded slightly, short orders can be bargain-hunted to reduce holdings

News: The PVC market in Qilu Chemical City is running weakly, the price is temporarily stable, and the market wait-and-see atmosphere is strong
.
At present, the mainstream price of calcium carbide method is about 6700-6750 yuan / ton (including tax self-pickup), and the mainstream price of ethylene Qilu source S1000/S700 is 6850-6950 yuan / ton including tax self-pickup
.
The price of PVC market in Guangzhou is stable, the mainstream price of calcium carbide five-type material is 6740-6890 yuan / ton, and the thin material is 7150 yuan / ton
for 800/1000 type.
The PVC market in Changzhou is running stably, the market inquiry atmosphere is acceptable, and the actual transaction can be negotiated
.
The mainstream of ordinary type 5 calcium carbide is 6700-6850 yuan / ton self-pickup
.

Upstream Price: Naphtha CF Japan reported $664.
5/mt, -2.
94%; FOB Singapore is trading at $73.
63/b, -2.
99%.

ethylene CFR Northeast Asia 1340 US dollars / ton, flat; CFR Southeast Asia was flat at $1220/mt
.
Domestic calcium carbide prices were stable, with East China reporting 3370 yuan, flat, and Northwest reporting 3060 yuan, flat
.

Spot market: CFR Southeast Asia was flat at $920; CFR China quoted $910, -$5; North China calcium carbide law reported 6720 yuan / ton, flat; ethylene law reported 6850 yuan / ton, flat; East China calcium carbide method reported 6750 yuan / ton, flat, ethylene method 6950 yuan / ton, flat; South China calcium carbide method 6820, -30 yuan, ethylene method 7200 yuan, -50 yuan
.

The PVC1809 contract rebounded slightly, but not strongly, and the final session was still subject to the pressure of the
short-term moving average.
Fundamentally, the peak of device maintenance and the stationing of environmental protection groups for inspection have formed a certain support for the futures price, but the high short-term social inventory has suppressed
the futures price.

The technical indicators diverged, the MACD green bar shortened, and the KDJ low golden cross, indicating that there is a rebound requirement
in the future market.
In terms of operation, investors can reduce their holdings at low prices and drop their pockets
.