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PVC: Futures continued to rebound strongly upward, crossed the mid-track and significantly reduced positions, and the spot showed a long-lost upward adjustment.

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June 14, 2023, 4:23 PM


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PVCA é °è 'e / e / s / s:é é éPVC市场主流成交价格上涨,市场出现久违的反弹。估价对比来看:其中华北地区上涨40-50元/吨,华东地区上涨80-120元/吨,华南地区上涨50-80元/吨,东北地区上涨50元/吨,华中地区上涨50元/吨,西南地区上涨50-100元/吨。上游PVC生产企业开始零星上调出厂报价50元/吨,但大多数企业基本稳价观望。期货在昨日上行的基础上再次升穿中轨进一步走高,带动现货市场报价心态以及气氛,各地区贸易商报价相比昨日小幅上行,PVC期货偏强上调后,点价货源暂无价格优势,但仍有基差报盘,其中华东地区基差报盘09合约-(100-150),华南地区09合约-(0-50),北方地区09合约-(350-400-500),西南地区09合约-(200-270)。期现两市价格上行后,成交却转弱,下游制品企业观望气氛浓厚,整体的追涨积极性不高,询盘及采购积极性清淡,仅部分套保商拿货。

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°é è 'conductor é é °conductorPVC09合约期价继续反弹,盘内不断上涨,成功突破布林带(13、13、2)中轨继续向上。成交来看空开24.0%仍旧远远大于19.0%,但是盘面的空平离场较多其中空平28.2%对比多平23.8%。全天盘面也呈现了大幅减仓空单获利了结期价上行的趋势。一方面在昨天的基础上期价连续两天上涨空头暂时离场等待新的机会,另一方面商品在昨日消息的基础上继续存在发酵考虑,PVC更加倾向于跟随文化指数的反弹。我们认为连续的反弹短期之内或将遭遇一定的压力,期价的运行或出现一定的技术性调整动向,观察5710的缠绕表现,警惕上轨压力位5820附近。

A °é è 'recent recent host é host é í í í é期现两市的价格反弹并未引发成交的好转,反而下游追涨意愿淡薄,一方面买跌不买涨,逢低挂单前期进行了部分补货,因此在期现两市连续两天上涨后,下游的反馈并不理想,但现货成交存在套保商拿货行为。昨天我们提到的基本面电石价格的下行以及中国台湾台塑的价格下调,并未作用到期现两市的盘面上,又大宗品情绪引发的行情PVC也同样跟随反弹,但我们认为仍需警惕,一方面期货盘面离场的仓位以及资金如果回归,另一方面PVC的基本面一直持续偏弱高库存难以很好消化。外盘方面国际油价上涨逾3%,市场参与者要再次开始建立多头头寸。金融市场,大多数市场参与者预计美联储将维持利率不变。整体来看在经历了调涨后,短期之内的PVC现货价格再次上行或面临一定的压力,或在新的调涨基础上进行整理运行。

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