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On Wednesday, PVC1701 shock closed higher, below to test support around 5500, above to test 5700 mark pressure, short-term is expected to maintain a range of strong volatility, it is recommended to intervene in long orders around 5500-5550, target 5700, stop loss 5450
.
Raw material prices: 1, Japan naphtha CF Japan reported 390 yuan / ton, down 7.
5; naphtha FOB Singapore reported 41.
3 US dollars / barrel, down 0.
79
.
Ethylene CFR Northeast Asia was flat at $1195/mt, and CFR Southeast Asia was flat at $1065/mt
.
Spot market: The price of some domestic PVC spot market is basically flat
.
North China calcium carbide law reported 5900 yuan / ton, flat; ethylene law reported 6360 yuan / ton, flat; East China calcium carbide law reported 5920 yuan / ton, flat, ethylene law reported 6550 yuan / ton, flat
.
South China calcium carbide method reported 5970, up 50, ethylene method 6580 tons, flat
.
The price of raw materials was basically flat, East China reported 2700 yuan, flat, and Northwest reported 2240 yuan, flat
.
News side: 1, Henan Jiyuan Fangsheng PVC quotation increased by 50 yuan / ton, calcium carbide method 5 type material to the outside of 5750 yuan / ton spot remittance, large households slightly lower
.
The production capacity of the enterprise is small, basically based on local consumption, the annual output of 50,000 tons of equipment in the plant is about 80%, and the shipment is acceptable
.
Warehouse receipt data: 7465
.
The environmental protection inspection is gradually over, and the supply of calcium carbide has improved
.
PVC social inventory maintained a moderate lower level, coupled with some maintenance devices, the market supply pressure is not large, but near the delivery month, the exchange warehouse receipt increases, if the source of goods into the market, there may be some suppression of the price, but the January contract price discount spot, there is a certain space for repair in the short term
.