Near the end of October, PVC market trend has not been changed, mainly slightly loose. Shandong Xinfa, Henan Lianchuang, Taishan salt chemical and other PVC enterprises maintained well without strong support. Affected by the continuous exploration of futures, prices in South China, East China, North China and other major sales regions have been reduced to varying degrees, but the range of price reduction is not large. The main purpose of the traders is to deliver goods, so as to facilitate the transaction. The downstream receiving is general, and the receiving is acceptable in some areas, most of which are transacted with small orders, and the low price accounts for more. As of October 22, the main stream of calcium carbide 5-type material in East China market is about 6550-6630 yuan / ton, and the main stream of ethylene material is about 7050-7350 yuan / ton; the main stream of calcium carbide 5-type material in North China market is about 6500-6680 yuan / ton, and the main stream of ethylene material is about 6920-7070 yuan / ton; the main stream of calcium carbide 5-type material in South China market is about 6640-6800 yuan / ton, and the main stream of ethylene material is about 7130-7300 yuan / ton. Then, what will happen to PVC? Let’s analyze:
| Potassium monopersulfate |
From the perspective of futures, as of October 22, Dalian pvc2001 contract opened in low volatility, opening 6320, high 6365, low 6315, closing 6320, down 5, down 0.08%. Trading volume was 119950, with positions reduced by 2838 to 324002. Technically, KDJ index is dead fork, MACD index green column is slightly shortened, and air force is still dominant. On the trend, the waterfall line is spread in a short position, and the brin passage is still in a weak area, so the trend is still weak. PVC futures are expected to maintain low volatility in the short term. Pay attention to 6400 line pressure at the top and 6250 line support at the bottom. In operation, it is recommended to operate in 6250-6400.
Favorable factors: the overall supply of some enterprises is relatively reduced due to maintenance; the social inventory continues to decline, and the inventory of some enterprises is relatively low, which is good to some extent; the price of raw calcium carbide remains stable after a small drop, and the cost still has some support.
| EDTA |
Negative factors: the mentality of the market merchants is short, and the transaction gives way to the profit; the downstream receiving basically maintains small orders, and the low price transaction is too much, some of them still remain wait-and-see attitude; the futures trend is still weak, which has certain pressure on the price.
On the whole, plastic rice city that the recent PVC market multi-dimensional consolidation trend, small loose still exist. In addition, in the later stage, we still need to pay attention to the influence of macro aspect, futures trend, national policy and downstream receiving.
| EDTA 2Na |