PVC rose slightly, and the weak pattern improved

In terms of news, Longzhong Information reported on April 22: the total inventory of the PVC market in this cycle was 387,000 tons, a decrease of 2.
76% from last week and an increase of 33.
45% over last year; East China decreased by 2.
86% from last week and increased by 30.
14% year-on-year; South China decreased by 2.
54% month-on-month and increased by 41.
98%
year-on-year from last week.

In the spot market, the price of PVC market in Qilu Chemical City was adjusted, the stable quotation of calcium carbide type 5 was 6740 yuan / ton, the ethylene material Qilu was lowered by 30 yuan / ton, and the price of S1000 was 6750 yuan / ton
.
The spot price of some PVC market in Guangzhou was raised by 20 yuan / ton, and the mainstream price of calcium carbide five-type material was 6780-6900 yuan / ton for cash withdrawal
.

Warehouse receipt inventory, exchange warehouse receipt reported 0 lots, in the historical low area, stable
intraday.
Main positions: The top 20 long positions in the main contract are 152136 lots +2636 lots, short positions are 156037 lots, +2659 lots, and net long positions are -3901 lots and -23 lots
.

The firm trend of crude oil has provided some support to the price, but the sluggish demand for PVC downstream has suppressed the price to a certain extent
.
Technically, PVC1909 ended on the short-term moving average, the weak pattern has improved, the trading volume has risen sharply, and the position has also increased
slightly.
The technical indicator MACD high flattened, the red bar contracted, and the KDJ indicator hovered at the median, indicating that the strength of the bulls and bears is equal
.
In terms of operation, it is recommended that investors operate in the range of 6750-6850
.