PVC volatility closed higher, extending five consecutive sunshine

News: Lutai Chemical's PVC plant 360,000 tons/year plant started full load, tentatively scheduled to stop for maintenance in June, and the new production capacity of 120,000 tons is expected to be put into operation
at the end of October.
Today's price was raised by 30 yuan / ton, and the calcium carbide method 5 type factory reported 6860 yuan / ton acceptance
.

Upstream prices: Japan naphtha CF Japan was at $626.
62 / ton, up $0.
5; naphtha FOB Singapore was at $69.
02 / barrel, up $
0.
18.
ethylene CFR Northeast Asia 1310 US dollars / ton, up 1 US dollars; CFR Southeast Asia was flat at $1260/mt
.

Spot market: The price of some domestic PVC spot market has risen.

North China calcium carbide law reported 6700 yuan / ton, up 120; ethylene law reported 7,000 yuan / ton, up 50; East China calcium carbide method reported 6800 yuan / ton, up 20, ethylene method 6950 yuan / ton, unchanged; South China calcium carbide method 6830, up 80, ethylene method 7130 yuan, up 130
.

The domestic PVC market price is obviously the price continues to rise, but the market transaction situation is general, the terminal demand is insufficient, it is in the stage of destocking, and it takes time to consume
.

At present, calcium carbide prices continue to rise, and they are at a high level, which supports PVC prices
.

On the technical side, PVC1809 contract volatility closed up for five consecutive days, the upper test of the 7000 mark is facing greater pressure, the lower daily systematic support, MACD red column volume, PVC futures price short-term is expected to continue the shock upward trend
.
Operationally, trade
in the range 6780-7000.