The hottest PVC prices soar wildly, and the market

[PVC] prices soar wildly, and the market next week can be waiting for

I. this week's market (April 71 to April 11)

this week's PVC warehouse receipt market is like a shot in the arm. The market has jumped high for four consecutive days, and the PVC index has hit a new high all the way. As of Friday's close, the China Plastics warehouse receipt index closed at 1303.85, up 6.59 points from the previous trading week

on Monday, today's PVC warehouse receipts opened low and went high. The intraday index fell all the way in the early stage and then rose rapidly. The mid and late session began to stabilize, and the late session closed in a volatile rise to speed up today's market; On Tuesday, PVC warehouse receipts jumped high today, and the intraday index rose rapidly since the opening. There was a short correction in the middle and late trading, and then began to stabilize to the close; On Wednesday, the PVC warehouse receipt jumped high, the intraday index period was relatively stable, and then went up in a straight line. In the middle and rear of the session, it rose circuitously, and then stabilized to the close; On Thursday, the PVC warehouse receipt jumped high, the intraday index period was relatively stable, and then went up in a straight line. In the middle and rear of the session, it rose circuitously, and then stabilized to the close; On Friday, PVC warehouse receipts continued to jump high, and the intraday index period was relatively stable and then straight up. In the middle and back of the session, they rose circuitously and then stabilized to the close

from the perspective of data, the contact is good. As of Friday's close, the PVC warehouse receipt index closed at 1299.62 points, up 85.79 points from the previous trading week. The settlement price of the main warehouse receipts rose and fell compared with the same period last week. Compared with the previous week, the trading volume and order volume need operators to turn off the power immediately, while the order volume increased slightly

the specific data of a week are as follows:

warehouse receipt variety

settlement price (yuan/ton)

total trading volume of PVC warehouse receipts (ton)

PVC warehouse receipt order volume (batch)

this weekend

last weekend

rise and fall

this week

last week

increase and decrease

this Friday

last weekend

increase and decrease

pv0804

8075

7616

↑ 459

43

53

↓ 10

53

49

↑ 4

pv0805

8165

7584

↑ 581

pv0806

-

-

II. Comprehensive analysis:

on the weekly K-line chart of the index, PVC warehouse receipts have closed in Changyang continuously this week, and the 10 day moving average and 5-day moving average are slowly rising, The 30 day moving average moved smoothly and continued to rise slowly after intersecting with the 20 day moving average. On the daily K-line chart, jump high and open high for four consecutive days, the opening of the brin line continues to enlarge, the KDJ index tends to be flat, the red column of the MACD index continues to enlarge, and it is expected to continue to rise in the future market

crude oil price: the international futures oil price showed a mixed trend this week. As of the close of this Friday, WTI crude oil closed at $110.11/barrel, up $6.28 from last Friday; Brent crude oil was reported at $108.20/barrel, up $5.68 from last Friday

in terms of spot goods: after more than a month of rapid rise in the early stage, downstream enterprises followed the rise slowly, some product enterprises reached the limit of cost pressure, stopped production and waited-and-see, and a small number of goods received strongly resisted high prices. Finally, carbide method stopped rising and stabilized this week. Some traders with a slightly poor mentality reduced prices, and ethylene method still rose slightly. However, the pressure of PVC manufacturers is still huge, and the high tension of calcium carbide continues to exist. This week, some manufacturers continue to be forced to raise the factory price. By the end of the weekend, the mainstream price of electric stone in East China was RMB/ton, and some traders made a concession of about 50 yuan this week. The quotation of type 3 material was 8800 yuan/ton. Most traders stick to their positions, have a stable mentality, the price of ethylene method is stable, and the high-end quotation is 9000 yuan/ton. In South China, the price of PVC produced by calcium carbide method is RMB/ton, and the high-end price of ethylene method is still RMB 9000/ton. There are also some bearish people in the market. It is reported that the arrival of goods in South China has increased recently. The price in the northern market is stable, and the price of ordinary electric stone is stable at yuan/ton. The increase of surrounding manufacturers has little impact on the market. Affected by the increase of Qilu Petrochemical, the price of ethylene method increased slightly. At the weekend, the high-end price of ethylene method in Shandong Qilu Chemical City reached 8750 yuan/ton

from the strong wait-and-see atmosphere, some people are hesitant, which shows that there is great resistance to the continued upward price. In the near future, it is still the key to maintain market balance as much as possible, and prudent operation is still necessary

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