- Mall
- Supermarket
- Supplier
- Cross-Border Barter
- Industrial Data
- Warehouse Logistics
- Trade Assurance
- Expo Services
PVC Futures Analysis:September 25th V2501 contract opening price: 5395, highest price: 5525, lowest price: 5393, position: 912466, settlement price: 5453, yesterday settlement: 5275, up 178,daily trading volume: 1684087 lots, precipitated capital: 3.459 billion, capital outflow: 177 million.
List of comprehensive prices by region: yuan / ton
PVC spot market:The mainstream transaction price of China's PVC market continues to rise, and the market atmosphere warms up. Compared with the valuation, North China rose 100 yuan / ton, East China 100-150 yuan / ton, South China 120-140 yuan / ton, Northeast China 50 yuan / ton, Central China 140 yuan / ton, and Southwest China 100-170 yuan / ton. Upstream PVC production enterprises today significantly raised factory quotations, the range is mostly concentrated in 50-100 yuan / ton, individual enterprises even increase 150 yuan / ton, upstream production enterprises actively adjust prices. The operation of futures is too strong, and the price of the spot market is mainly raised in various regions, and the basis is adjusted slightly, but the advantage of the basis disappears after the price rises, including 01 contract in East China-(200), 01 contract in South China-(100), 01 contract in North China-(400-450), and 01 contract in Southwest China. The rise in spot market prices has brought respite opportunities to the market, and various regions have raised quotations one after another, but there is a wait-and-see mood downstream. Although the market has improved at present, there is no obvious speculative demand in terms of transaction.
From the perspective of futures:The night price of PVC2501 contract is mainly arranged in a narrow range, and the price rises slightly. At the beginning of early trading, the late price continued to rise successfully to break through the 5500 mark, with a maximum of 5525, but the afternoon price weakened somewhat. 2501 contracts fluctuated from 5383 to 5525 throughout the day, with a spread of 142. 01 contracts reduced their positions by 51581 lots, with 912466 positions so far, 2505 contracts closing at 5680 and 124241 positions.
PVC Future Forecast:
In terms of futures:The operation of the PVC2501 contract price broke through the highest point of the integer mark of 5525, but the market further reduced positions, and the afternoon price gave up some of its gains. In terms of transactions, the air level was 26.3% higher than that of the multi-level level by 25.1%. Both the long and short sides left the market, but more air levels also contributed to the upward price of the futures. The sharp rise for two consecutive days has changed the technical closing line, in which the Bolin belt (13,13,2) turned to the upper track, and the daily KD line and MACD line showed an obvious golden fork trend. However, today's all-day price operation ends in the positive pillar with a longer shadow line, and the short-term price operation may further give up the increase, but even the pullback will also run between the middle and upper tracks, observing the performance of the high range of 5360-5500.
Spot aspect:Today, the two cities are still fermenting the impact of the policy. First of all, the overall commodity sentiment is still high, the cultural goods index is rising, and the PVC futures market has also seen a high breakthrough and a sharp rise for two consecutive days, and in the plasticizing plate, the increase of PVC is ahead of the polyolefin category. As a representative of typical real estate commodities, PVC is relatively sensitive to policy feedback. In terms of PVC fundamentals, calcium carbide prices rose sharply during the week, calcium carbide cost ports were clearly supported, and crude oil prices climbed about 2%, hitting a three-week high, as China, the world's largest importer of crude oil, will take monetary stimulus measures and there are fears that the growing conflict in the Middle East may affect supply in the region. PVC supply and demand level variables are wrong, although the prices of the two cities are upward, the downstream demand side treats the price increase relatively rationally. In the short term, we still think that the spot market needs to test the sustainability and stability of the increase.
