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    Home > Chemicals Industry > New Chemical Materials > PVC volatility intensifies the upward and downward interaction

    PVC volatility intensifies the upward and downward interaction

    • Last Update: 2022-12-08
    • Source: Internet
    • Author: User
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    PVC volatility intensifies, ups and downs interact, and oscillations wash.

    The main contract 1805 opened low and went low, and the market plunged
    sharply.
    The center of gravity of PVC fell rapidly, breaking the 6700 mark support
    .
    PVC continued to fall back and hit as low as 6635, hitting a recent low and testing the 60-day moving average support
    downward.

    PVC

    As of 13:11 on February 9, 2018, the general data of gold collection futures shows that PVC main contract market information: latest price: 6725, up or down: +25, up or down: +0.
    37%, total lot: 203968 lot, opening price: 6735, high price: 6790, low price: 6705
    .

    The price of raw calcium carbide continued to be stable, downstream procurement in various places was active, and supply and demand did not change much
    .

    The atmosphere of the domestic PVC spot market is calm, futures are weak and volatile, some players have left the market on holiday, and the enthusiasm of market participation is low
    .
    PVC prices did not adjust much, individual small adjustments, market trading flat
    .
    Type 5 ordinary calcium carbide quotation: the mainstream self-pickup quotation in the East China market is 6600-6700 yuan / ton; 6700-6750 yuan/ton self-pickup in South China; Shandong mainstream 6500-6570 yuan / ton delivery, Hebei market mainstream 6380-6500 yuan / ton delivery
    .

    The operating rate of PVC enterprises increased slightly, and the previous maintenance enterprises resumed one after another, and there were no new enterprises for maintenance
    .
    Statistics show that PVC started 80.
    8% overall, up 1.
    5%
    month-on-month.
    Among them, the operating rate of calcium carbide PVC was 81.
    82%, an increase of 0.
    28% from the previous month; The ethylene PVC operating rate was 75.
    28%, up 8.
    13%
    month-on-month.

    As some of the bears took profits, PVC stabilized and rebounded, gradually recovering above 6700
    .
    The market returned to calm in the afternoon, with futures hovering
    around 6700.
    There was a rally in the late session, which finally closed at the small black candlestick with a long lower shadow
    .

    The pre-maintenance enterprises have resumed work one after another, and there are no new enterprises for maintenance, and the output remains high
    .
    Most downstream enterprises have left the market on holiday, and after the end of stockpiling, the purchase intention is low and the amount is limited
    .
    However, PVC companies did not adjust much, individual prices adjusted slightly, and the market traded flat
    .
    The market mentality is cautious, PVC stalemate is sorted out, and the futures price lacks strong support to the upside, which can intervene in short orders
    at a high time.

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