PVC rose slightly, and the strength of many parties increased

In terms of news, according to Longzhong statistics, the output of major domestic PVC manufacturers was 1.
6186 million tons in March 2019, an increase of 6.
93%
compared with February.
The cumulative output from January to March was 4.
8021 million tons
.

In terms of the market, the PVC market price of Qilu Chemical City was raised, affected by the rise in futures, the quotation of traders was raised by 0-80 yuan / ton, the mainstream price of calcium carbide type 5 type was 6540-6610 yuan / ton (including tax self-pickup), and the source price of ethylene Qilu was 6740-6780 yuan / ton
.
The quotation of PVC market in Shanghai was raised, with an increase of 30-50 yuan / ton, and the mainstream of calcium carbide method 5 type material was 6600-6730 yuan / ton, and the ethylene method Dagu Qilu material 1000 model was sent at 6900 yuan / ton
.

Warehouse receipt inventory: exchange warehouse receipt reported 0 lots; It is in the historically low area and stable
during the day.
Main positions: The top 20 long positions in the main contract are 141616 lots +13046 lots, short positions are 143749 lots, 18242 lots, and net long positions are -2133 lots and -5196 lots
.

Fundamentally, the inventory of production enterprises remains high, and the sluggish downstream demand for PVC has caused a certain suppression
of prices.
However, the strong trend of crude oil has provided some support to prices, and after entering April, downstream demand is expected to accelerate the recovery and also support
prices.
Technically, PVC1909 fell slightly, and both trading volume and position volume increased
sharply.
The technical indicator MACD oscillates to the upside, but the red bar is elongated, and the KDJ indicator shows signs
of flattening at a high level.
It shows that the strength of many parties has increased
.
In terms of operation, investors are advised to hold
long positions with caution.