 Home > Chemicals Industry > New Chemical Materials > PVC trend is weak, short-term low wide volatility is dominant

PVC trend is weak, short-term low wide volatility is dominant

 Last Update: 2022-12-05
 Source: Internet
 Author: User

Tags

bismuth price

palm oil price

Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com

Market trend: On Tuesday, the PVC1709 contract opened at 5590 yuan / ton, the highest 5660 yuan / ton, the lowest 5530 yuan / ton, and closed at 5535 yuan / ton, down 40 yuan / ton from the previous trading day, down 0.
72%
per day.
The volume decreased to 117,900 lots, and the open position decreased by 1,450 lots to 143,200 lots
.

PVC

News: Shandong Xinfa PVC quotation was lowered, with a range of 50 yuan / ton
.
The calcium carbide method 5 type material is carried out at 5500 yuan / ton in cash exchange, and the actual order can be discussed
.
The 600,000 tons/year plant in the plant is fully loaded, and the shipment situation is acceptable
.

Price: Japan naphtha CF Japan reported 466.
25 yuan / ton, down 4; Naphtha FOB Singapore was trading at $51 a barrel, down 0.
42
.
ethylene CFR Northeast Asia 1205 US dollars / ton, flat; CFR Southeast Asia was flat at $1,060/mt
.

Spot market: The price of some domestic PVC spot markets increased
slightly.
North China calcium carbide law reported 5650 yuan / ton, flat; ethylene law reported 6110 yuan / ton, up 20; East China calcium carbide law reported 5600 yuan / ton, down 50
.
South China calcium carbide law reported 5670, flat, ethylene method 6200 tons, flat
.
The price of raw materials was basically flat, with East China reporting 2950 yuan, flat, and Northwest reported 2550 yuan, flat
.

Summary of views: PVC market inventory pressure is large, downstream enterprises receive goods on demand, traders have insufficient confidence in the market after the market, mainly selling, and it is expected to maintain a low and wide range in the short term
.
Technically, the PVC1709 contract closed down in volatility, testing pressure around 5700 above, testing support around 5450 below, and short-term expected to remain in the 5450-5700 range, recommended range trading
.

This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.

Related Products

9,10-Diphenylanthrac

CAS No.: 1499-10-1

$1-1.2/MT FOB

High Quality Polar Solvent 99.99% Ethylene carbonate/Ethylencarbonat/ EC CAS 96-49-1

CAS No.: 96-49-1

Pharmacy Grade

$1-1.2/MT FOB

High quality Fluorescent Brightener CBS-X 98% TOP1 supplier in China

CAS No.: 27344-41-8

Industrial Grade

$3/KG EXW

Hot Tags

united states jobs(223)

jobs united states(236)

1 year treasury(277)

1 year subscription(296)

single use technology(195)

announcements today(81)

ups united states(221)

united states logo(227)

80 20 company(94)

healthy food name(42)

Hot Articles

The source of this page with content of products and services is from Internet, which doesn't represent ECHEMI's opinion. If you have any queries, please write to service@echemi.com. It will be replied within 5 days.

Moreover, if you find any instances of plagiarism from the page, please send email to service@echemi.com with relevant evidence.