PVC reduced its position to the downside, and the shock closed lower

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 6630 yuan / ton, down 20
.
South China calcium carbide method reported 6700 yuan / ton, down 20, ethylene method 7150 tons, flat
.
The price of raw materials was basically flat, with East China reporting 3,310 yuan, flat, and Northwest reporting 3,000 yuan, flat
.

News: 1.
The latest understanding is that Hanwha Ningbo PVC The plant's 300,000-ton/year plant is scheduled to have an overhaul plan in March, and the expected duration is about 9-14 days.

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 reduced its position to the downside, the futures price tested the support around 6650 below, the pressure at the 6850 mark was tested above, and the futures price may remain in the 6650-6850 range, and range trading
is recommended.