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    Home > Chemicals Industry > New Chemical Materials > PVC weak finishing volume slightly shrank

    PVC weak finishing volume slightly shrank

    • Last Update: 2022-12-13
    • Source: Internet
    • Author: User
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    The PVC1901 contract opened at 6330 yuan, the highest 6345 yuan, the lowest 6270 tons, and closed at 6295 tons, down 15 yuan, or 0.
    24%, the volume was 231988, and the position increased by 12316 lots to 267726
    .

    PVC

    News: The PVC market in Hebei is running steadily, downstream demand is sluggish, traders are temporarily stable shipments, and the transaction atmosphere is not good
    .
    Type 5 material without tax quotation is delivered at 5860-5930 yuan / ton, and the price including tax is delivered at 6370-6450 yuan / ton
    .
    Guangzhou PVC market quotation is stable, calcium carbide five-type material mainstream price in 6420-6570 yuan / ton to lift, ethyl thin material Dagu 1000 type 7080 yuan / ton, Qilu Chemical City PVC market weak downward, traders continue to reduce the price of 20-80 yuan / ton, the market trading atmosphere is general
    .
    The mainstream price of calcium carbide 5 type 6430-6470 yuan / ton (including tax self-pickup)

    Upstream price: naphtha CF Japan reported $594.
    12/ton, -2.
    66%; FOB Singapore is trading at $64.
    04/b, -2.
    87%.

    ethylene CFR Northeast Asia 920 US dollars / ton, -0%; CFR Southeast Asia is trading at $835/mt, -0%.

    Domestic calcium carbide prices fell, East China reported 3440 yuan, -0%, Northwest reported 3225 yuan, -0%.

    Spot market: CFR Southeast Asia quoted $850, +0%; CFR China is trading at $850, +0%.

    Domestic: North China calcium carbide law reported 6430 yuan / ton, -1.
    08%; Ethylene law reported 6600 yuan / ton, -1.
    49%; East China calcium carbide method reported 6500 yuan / ton, -0%, ethylene method 6750 yuan, -1.
    46%; South China calcium carbide method 6500 yuan, -0%, ethylene method 7220 yuan, +0%.

    PVC1901 is weak to finish, the trading volume has shrunk slightly, the position has increased significantly, and the short-term trend is still not optimistic
    .
    Fundamentally, downstream demand is sluggish, and weak spot prices suppress futures prices, but after a continuous decline, there are obvious signs
    of over-fall in the short term.

    Technically, the MACD indicator is flat at a low level and the KDJ indicator is flat at a low level, indicating that the bears' strength has weakened, but it remains to be seen
    whether it can successfully stop the decline.
    In terms of operation, it is recommended that investors wait and see for the time being
    .

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