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The PVC1705 contract opened at 6700, with a high of 6740, a low of 6615, and closed at 6675, up 15 from the previous session, or 0.
23%.
The volume decreased to 124,200 lots, and the open position decreased by 3,736 lots to 116,700 lots
.
Raw material prices: 1, Japan naphtha CF Japan reported 487.
62 yuan / ton, up 2.
5; naphtha FOB Singapore reported 52.
79 US dollars / barrel, up 0.
3
.
ethylene CFR Northeast Asia 1315 US dollars / ton, flat; CFR Southeast Asia was trading at $1125/mt, down 20
.
Spot market: The price of some domestic PVC spot markets increased
slightly.
North China calcium carbide law reported 6450 yuan / ton, up 20; Ethylene law reported 6830 yuan / ton, flat; East China calcium carbide law reported 6470 yuan / ton, up 40
.
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, Inner Mongolia Wuhai Chemical PVC sales quotation calcium carbide method 5 type 6250 yuan / ton, 8 type material 6400 yuan / ton acceptance, the plant area 300,000 tons / year PVC equipment is operating normally, inventory is not much, real price negotiation
.
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
.