A brief comment on the PVC market of China Plastic

2022-08-16
  • Detail

On May 20, a brief comment on the PVC market of China Plastics warehouse receipts

I. Market Overview:

today, the PVC warehouse receipts opened flat, the early intraday index was relatively stable, and then rose linearly, and the middle and rear markets began to stabilize to the close. Finally, the PVC index closed at 1500.20, up 5.26 points from the previous trading day, and closed at a straight line. The 5-day moving average and the 10-day moving average hit the bottom of the entity. The trend of the 20 moving average was relatively stable, the rest moving average continued to rise, the opening of the brin line continued to narrow, the KDJ index began to rise, the green column area of the MACD index changed little, the market trading was stable, the intraday trading was relatively balanced, and most operations changed hands, compared with the previous trading day, Trading volume and order volume decrease

II. Analysis of main varieties:

pv0806 opened flat at a high price of 8550 yuan/ton. The intraday index was relatively stable in the early stage and then rose linearly. It stabilized in the middle and later stages of the session until the closing, and continued to close a straight line. The settlement price closed at 8550 yuan/ton, up 30 yuan/ton from the previous trading day. The opening gradually widened after the intersection of the 5-day moving average and the 10-day moving average. The 20-day moving average continued to rise and leveled off with the 10-day moving average. Compared with the previous trading day, the trading volume and order volume decreased

III. comprehensive analysis:

crude oil: Stefan gertzen, TPE product manager for Europe, the Middle East and Africa of Shulman company in New York commodity futures trading, agrees with Kirkby. West Texas light oil futures in June were $127.05 a barrel, up $0.76 from the previous trading day, with a trading range of 125 $77; July Brent crude oil futures on the London Intercontinental Exchange were $125.06 a barrel, up $0.07 from the previous trading day, with a trading range of 123 Dollars. In terms of spot goods, the PVC market in Xiamen is weak, and some quotations continue to rise slightly. The mainstream quotation of common calcium carbide method type 5 materials in the market adheres to yuan/ton, and the supply of low-cost goods is significantly reduced when the production line is completed. High model materials and ethylene materials continue to maintain a high level and stability, and the mainstream is concentrated in yuan/ton, and the transaction is still poor; It is the measurement of the precision level of experimental force, displacement and other data that can make the overall performance of the PVC market in the target sea area average. Although the quotation shows a slight upward sign, the actual transaction bid is still flexible, and the exhibition area is mainly 22000 square meters. At present, the mainstream delivery quotation of ordinary type 5 electric stone is about yuan/ton. The quotation for the mainstream delivery of type 3 materials is about 8600 yuan/ton. The quotation of ethylene material is stable at yuan/ton

the author expects that the warehouse receipts in the near future will be dominated by weak consolidation

note: the reprinted content is indicated with the source. The reprint is for the purpose of transmitting more information, and does not mean to agree with its views or confirm the authenticity of its content

allen bradley 1756 l72
rockwell distributor
1756 ob16i
allen bradley 1734-ib8s

Copyright © 2011 JIN SHI