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Market situation: PVC rushed back down, V1909 opened at 68745 yuan / ton, the highest reported 6890 yuan / ton, the lowest reported 6775 yuan / ton, closed 6815 yuan / ton, -0.
15% from the previous trading day; Volume 306750 lots, +35190 lots; Position 418416 lots, -1972 lots
.
Basis -15 yuan, +70 yuan, 9-1 spread 200 yuan, +20 yuan
.
News: In May 2019, the domestic import volume of pure PVC powder was 61,000 tons, and the import was still mainly for import processing, accounting for 51,400 tons
.
In May 2019, the domestic export volume of pure PVC powder was 28,000 tons, and the general trade export volume was 23,000 tons
.
Spot market: the PVC market in Hangzhou is stalemated and stable, the real single can be discussed alone, calcium carbide method 5 mainstream reference in 6750-6850 yuan / ton self-pickup, Yushe 6850 yuan / ton, Yihua 6800 yuan / ton, salt lake 6860 yuan / ton, Zhongtai 6820 yuan / ton, Beiyuan in 6850 yuan / ton, Tianye in 6880 yuan / ton, Tianye type 8 in 6890 yuan / ton, real negotiation
.
Warehouse receipt inventory: the exchange warehouse receipt reported 2000 lots, which is in the historical median area, +0 lots
within the day.
Main positions: The top 20 long positions in the main contract are 154191 lots -796 lots, short positions are 159675 lots, +1110 lots, and net long positions are -5484 lots and -1879 lots
.
Summary: The price recovery in the Asian market, the decline in social inventory, and the peak period of equipment maintenance have produced certain support
for PVC prices.
Technically, the PVC1909 contract soared and fell, and the short-term trend weakened
.
The median MACD flattened and the red column contracted
.
The KDJ indicator also showed signs of a high turn, indicating that the short-term bullish strength has weakened
.
In terms of operation, it is recommended that investors settle their hands on high orders and settle their bags
.