PVC volatility closed up, and the market supply pressure was not large

News: The average one-week operating rate of PVC manufacturers 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 were mixed, calcium carbide spot quotations in North China fell by 60, and S-G5 type was reported at 7000-7030 yuan / ton; The ethylene method rose by 20, and the quotation was 7090 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 was flat at 7080-7180 yuan / ton; Ethylene law reported 7250 yuan / ton
.

Warehouse receipt inventory: exchange warehouse receipts reported 7675 lots, +3476 lots
intraday.
Main position: The top 20 long positions in the main contract are 162417 lots, -4719 lots, short positions are 175320 lots, 2805 lots, and the net long position is -12903 lots
.

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 opened high and went high overnight, indicators, MACD indicator green kinetic energy column shortened, short-term below focus on support around 6850, above test 7000 mark pressure
.
In operation, it is recommended to sell high and suck
low in the range of 6850-7000.