PVC rushed back to less and the position volume was greatly reduced

News: As of August 2, the price of vinyl chloride in Asia rose by $10/ton, CFR Far East VCM at $730/ton, and CFR Southeast Asia at $745/ton
。 Japan's Tokuyama plans to carry out annual planned maintenance of its Nanyang plant with an annual output of 250,000 tons from October 17 to December 3, its 600,000-ton annual vinyl chloride No.
3 plant from September 3 to October 5, and Tokuyama plans to carry out annual planned maintenance
of its 330,000-ton vinyl chloride plant from the end of September to the beginning of October.

Upstream price: naphtha CF Japan reported 654.
75 US dollars / ton, down 1.
45%; FOB Singapore was trading at $72.
46 a barrel, down 0.
51 percent
.
ethylene CFR Northeast Asia 1350 US dollars / ton, flat; CFR Southeast Asia was flat at $1235/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 $945; CFR China was flat at $960
.
North China calcium carbide law reported 7,000 yuan / ton, up 130 yuan; ethylene law reported 7130 yuan / ton, up 130 yuan; East China calcium carbide method reported 7150 yuan / ton, up 140 yuan, ethylene method 7200, up 50 yuan; South China calcium carbide method 7000 yuan, flat, ethylene method 7330 yuan, up 30 yuan
.

The PVC1809 contract rushed back to the small, and the position volume was greatly reduced (the main contract is moving the 1901 contract).

Fundamentally, social inventories have fallen, and spot prices have been firm to form a certain support
for futures prices.

Technical indicators diverged, MACD continued to oscillate higher, but KDJ indicators continued to hover
around the central axis.
Short-term or technical adjustment pressure
.
In terms of operation, it is recommended that investors can reduce their holdings at high prices when they rise sharply, and drop their pockets for safety
.