PVC trend closed down short-term or maintain a wide range of volatility

In terms of news, Inner Mongolia Junzheng Chemical PVC annual output of 700,000 tons of equipment (new plant 360,000 tons) in the old plant maintenance, calcium carbide 5 material reported 6650 yuan / ton acceptance, the current actual order negotiation is the mainstay, the old factory of the enterprise will be repaired on the 21st, and it is expected to gradually resume production
.

In terms of prices, Japan naphtha CF Japan reported 456.
62 yuan / ton, up 7.
62; naphtha FOB Singapore reported 49.
15 US dollars / barrel, up 0.
89
.
ethylene CFR Northeast Asia was flat at $990/ton; CFR Southeast Asia was flat at $905/mt
.

In terms of market, some domestic PVC spot markets rose
.
North China calcium carbide law reported 6760 yuan / ton, flat; ethylene law reported 7,000 yuan / ton, flat; East China calcium carbide law reported 6870 yuan / ton, down 10; ethylene law reported 7100 yuan / ton, flat; South China calcium carbide method 6900, down 20, ethylene method 7220 tons, down 30
.
The price of raw materials was basically flat, East China reported 2950 yuan, flat, and Northwest reported 2480 yuan, flat
.

In terms of news, production safety inspection and the 70th anniversary celebration of Inner Mongolia have affected calcium carbide production, calcium carbide prices are firm, and the support for PVC costs is strong, and the supply of PVC is tight, PVC companies' quotations are firm, but the downstream sentiment to high-priced raw materials is resistant, or limit its upward momentum, and it is expected to maintain high volatility in the short term
.

Technically, the PVC1709 contract oscillation closed lower, the futures price below the test of support around 6700, the upper test of pressure around 7000, short-term or maintain a wide range of 6700-7000 range, recommended range trading
.