Supply pressure is expected to ease PVC shock to close higher

Raw material prices: 1, Japan naphtha CF Japan reported 485.
12 yuan / ton, down 0.
5; naphtha FOB Singapore reported 52.
49 US dollars / barrel, down 0.
05
.
ethylene CFR Northeast Asia 1315 US dollars / ton, down 60; CFR Southeast Asia was flat at $1145/mt
.

Spot market: The price of some domestic PVC spot markets increased
slightly.
North China calcium carbide law reported 6430 yuan / ton, up 30; ethylene law reported 6830 yuan / ton, up 50; East China calcium carbide law reported 6430 yuan / ton, up 60
.
South China calcium carbide method reported 6500 yuan / ton, flat, ethylene method 7050 tons, flat
.
The price of raw materials was basically flat, with East China reporting 3100 yuan, flat, and Northwest reported 2650 yuan, flat
.

News side: 1, Lutai Chemical (Jining Jinwei) PVC continued to rise, the range of 30 yuan / ton
.
The calcium carbide method 5 type material was accepted up and down at 6580 yuan / ton, the actual transaction was slightly lower, the plant's 360,000 tons / year device was basically normal, and the shipment was good
.

PVC chlor-alkali industry affected by environmental protection, the start load declined, PVC may be boosted, PVC equipment has entered the maintenance season, it is expected that the supply pressure in the future market is expected to be eased, and the price downside space is limited
.
Technically, the PVC1705 contract closed up in shock, short-term lower test of support around 6500, upper test of pressure around 6900, short-term or showing a rebound trend, it is recommended to intervene in long orders around 6550, stop loss 6450
.