PVC volatility went higher, intraday volume increase accelerated

Upstream price: naphtha CF Japan reported 654.
88 US dollars / ton, down 0.
93%; FOB Singapore was trading at $71.
9 a barrel, down 1.
02%.

ethylene CFR Northeast Asia 1380 US dollars / ton, up 20 US dollars; CFR Southeast Asia was trading at $1255 a tonne, up $
20.
Domestic calcium carbide prices were stable, with East China reporting 3370 yuan, flat, and Northwest reporting 3060 yuan, flat
.

Spot market: CFR Southeast Asia was flat at $945; CFR China was flat at $960
.
North China calcium carbide law reported 7130 yuan / ton, up 70 yuan; ethylene law reported 7380 yuan / ton, up 100 yuan; East China calcium carbide method reported 7350 yuan / ton, up 200 yuan, ethylene method 7300, flat; South China calcium carbide method 7300 yuan, up 100 yuan, ethylene method 7650 yuan, up 220 yuan
.

News: PVC market price in Qilu Chemical City increased, calcium carbide price increase in 100-110 yuan / ton, market trading atmosphere is acceptable, calcium carbide mainstream price of 7120-7200 yuan / ton (including tax self-pickup), ethylene Qilu source S1000 / S700 mainstream price in 7300-7400 yuan / ton including tax self-pickup
.
Guangzhou PVC market price rises, calcium carbide five-type material mainstream price at 7280-7450 yuan / ton cash exchange, ethyl thin material Dagu 800/1000 type 7600 yuan / ton, real negotiation
.

The PVC1901 contract fluctuated higher, and intraday volume increases accelerated
.
Fundamentally, social inventories have fallen, and petrochemical companies' price increases have formed a certain support
for futures prices.
Technical indicators diverged, MACD continued to oscillate higher, but KDJ indicators continued to diverge
higher.
Short-term need to guard against the emergence
of technical adjustments.
In terms of operation, it is recommended that investors can reduce their holdings at high prices and drop their pockets
.