PVC shock closed down short-term or range-bound finishing

News: The one-week average operating rate of PVC production enterprises in this cycle was 74.
02%, down 3.
34% from last week and 3.
89%
from last year.
Baotou sea level temporary shutdown, Xinjiang Zhongtai Midong plant two production lines under maintenance, Shaanxi Northwest Yuan plant load
reduction.

Spot market: PVC spot market quotations fell slightly, calcium carbide spot quotations in North China fell slightly, S-G5 type fell 30-50, reported 7000-7090 yuan / ton; The quotation of ethylene method was reported at 7030 yuan / ton
.
Changzhou calcium carbide quotation in East China rose 40 to 7020 yuan / ton, ethylene method quotation 7300 yuan / ton; The calcium carbide quotation in South China fell by 40, holding 7040-7140 yuan / ton; Ethylene quotations fell 40 to 7210 yuan / ton
.

Warehouse receipt inventory: exchange warehouse receipts reported 7680 lots, +5 lots
within the day.
Main position: the top 20 long positions in the main contract are 165533 lots, +5116 lots, short positions are 171585 lots, -2630 lots, net long positions are -6052 lots, the main short positions are reduced, and the main long positions are increased
.

Summary: The price of short-term calcium carbide arrival has increased, but the maintenance of PVC equipment has increased, the market supply pressure is not large, the shipment is acceptable, the spot market price is stable, and the futures price may show range shock sorting
.
Technically, PVC1909 volatility closed down, indicators, MACD indicator opening downward, short-term below focus on support around 6750, above test 7000 mark pressure
.
In operation, it is recommended to sell high and suck
low in the range of 6850-7000.