The supply of some markets is tight, and PVC shocks closed up

Raw material prices: 1, Japan naphtha CF Japan reported 520.
5 yuan / ton, down 1.
62; naphtha FOB Singapore reported 56.
59 US dollars / barrel, down 0.
06
.
Ethylene CFR Northeast Asia was flat at $1110/ton, and CFR Southeast Asia was at $1005/ton, up 20
%.

Spot market: The price of some domestic PVC spot market is basically flat
.
North China calcium carbide law reported 6220 yuan / ton, flat; ethylene law reported 6740 yuan / ton, flat; East China calcium carbide law reported 6400 yuan / ton, up 50
.
South China calcium carbide method reported 6350, flat, ethylene method 6950 tons, flat
.
The price of raw materials was basically flat, with East China reporting 3,310 yuan, flat, and Northwest reporting 3,000 yuan, flat
.

News side: 1, Shandong Xinfa PVC quotation increased, the range of 30 yuan / ton
.
The calcium carbide method 5 type material was reported to the outside world at 6170 yuan / ton cash withdrawal, the plant area 600,000 tons / year equipment started normally, the enterprise has no inventory, more delivery orders
.

The northern weather turned cold building materials demand into the off-season impact, downstream procurement enthusiasm slowed down, smog environmental protection inspection, downstream products enterprises stopped work early, social inventory increased, but the Spring Festival logistics and transportation was blocked, the market supply in some areas was relatively tight, coupled with the price continued to fall to the cost line after the price continued to rise, enterprises jointly raised prices, some downstream bargain stocking, the price has been supported
.
Technically, the PP1705 contract closed up in volatility, the futures price tested the support near the five-day line below, the pressure around 6600 was tested above, and the short-term futures price or maintained in the 6400-6600 range oscillation, recommended range trading
.