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    Home > Chemicals Industry > New Chemical Materials > PVC volatility went higher and intraday volume increased positions

    PVC volatility went higher and intraday volume increased positions

    • Last Update: 2022-12-10
    • Source: Internet
    • Author: User
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    PVC1809 contract opened at 6905, the highest 6990 yuan / ton, the lowest 6890 yuan / ton, closed at 6990 yuan / ton, up 85 yuan, or 1.
    23%, from the previous trading day, the trading volume was 224832 lots, and the position increased by 7764 lots to 317778 lots
    .

    PVC

    News: The PVC market in Changzhou continued to rise, and traders' quotations rose slightly by 30-50 yuan / ton, and the actual transaction was negotiable
    .
    Guangzhou PVC market price raised, calcium carbide five-type material mainstream price in 6850-6970 yuan / ton cash exchange, Qilu Chemical City PVC market some grades of prices increased, high model performance is obvious, trading atmosphere is general, the transaction is tepid
    .

    Upstream price: naphtha CF Japan reported $633 / ton, up 0.
    44%; FOB Singapore was trading at $70.
    05 a barrel, up 0.
    26
    .
    ethylene CFR Northeast Asia 1260 US dollars / ton, flat; CFR Southeast Asia was flat at $1195/mt
    .
    Domestic calcium carbide prices were stable, with East China reporting 3370 yuan, flat, and Northwest reporting 3060 yuan, flat
    .

    Spot market: CFR China was flat at $940, CFR Southeast Asia was flat at $940; North China calcium carbide law reported 6800 yuan / ton, flat; Ethylene law reported 6950 yuan / ton, unchanged; East China calcium carbide method reported 6950 yuan / ton, up 50 yuan, ethylene method 7150 yuan / ton, unchanged; South China calcium carbide method 6850, flat, ethylene method 7170 yuan, up 10 yuan
    .

    The PVC1809 contract was volatile higher, and intraday volume increased positions, indicating that bulls still have the advantage
    .
    Fundamentally, crude oil reached a new high, the peak of equipment maintenance, and the acceleration of traders' warehouse reduction and other factors formed a certain support
    for futures prices.

    Technically, the MACD red column is moving smoothly, while KDJ has diverged, and short-term technical adjustments
    need to be prevented.
    In terms of operation, investors can reduce their holdings at high prices, and take them back after the retreat, and it is not appropriate to chase the high in the
    short term.

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