The PVC shock retreated, indicating a weakening trend

In terms of news, on July 8, the reporter learned from the Henan Provincial Emergency Management Department that the "four major offensive actions" for safe production in the province for six months were successfully completed
.
As of June 30, in industries such as hazardous chemicals, coal mines and non-coal mines, the province had investigated and rectified 754 hidden dangers of major accidents, suspended production and rectified 1,925 enterprises, closed down 993 banned enterprises, temporarily withheld 452 enterprises with revoked licenses, and imposed administrative penalties of 70.
15 million yuan
.

Spot market, PVC market price adjustment in Guangzhou, some calcium carbide 5 type materials reduced by 10-20 yuan / ton, mainstream prices in 6850-6920 yuan / ton cash pickup, Sanlian reported 6850 yuan / ton, Yili reported 6900 yuan / ton, Yanhu reported 6850 yuan / ton, Xinfa reported 6900 yuan / ton, Jinwei reported 6900 yuan / ton, Haina reported 6900 yuan / ton, Tianhu reported 6900 yuan / ton, Jinyuyuan type 5 reported 6880 yuan / ton, Oriental reported 6900 yuan / ton, Junzheng new factory reported 6900-6920 yuan / ton, ethylene Dagu 1000 type has no quotation, 800 type reported 6950 yuan / ton, 700 type reported 6950 yuan / ton, 1300 type reported 7200 yuan / ton
.
Shantou area: Junzheng old factory reported 7020 yuan / ton, Jinyuyuan type 5 reported 6980 yuan / ton, Dongfang reported 7000 yuan / ton, Tianhu reported 6980 yuan / ton, real negotiation
.

Warehouse receipt inventory, exchange warehouse receipt reported 2000 lots, in the historical median area, +0 lots
within the day.
Main positions: The top 20 long positions in the main contract are 130971 lots -2997 lots, and the short positions are 134913 lots, -8226 lots
.

Summary: The peak period of equipment maintenance has a certain support
for PVC prices.
However, the downstream demand is general, and the light transaction in the spot market has put certain pressure
on the price.
Technically, the PVC1909 contract fell under pressure, and the price fell below the short-term moving average, indicating that the trend has weakened
.
MACD median dead cross, red bar contraction
.
The KDJ indicator fell back in volatility
.
Operationally, it is recommended that investors hold short orders with caution
.