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This week, international oil prices first rose and then fell, WTI fell below $45 / barrel, and U.
S.
oil and Brent both fell to a new low
in nearly seven months.
Stimulated by the leakage of the Nigerian crude oil pipeline at the beginning of this week and the reduction of crude oil supply in Saudi Arabia, international oil prices rose for three consecutive times; However, the Fed's interest rate hike on Thursday cashed, there are still expectations of interest rate hikes and balance sheet reduction at the end of the year, and U.
S.
crude oil inventories increased for the second week in a row, and oil prices fell sharply, unable to support the PVC market
.
In terms of spot market quotation, the reference price of 5 types of PVC: the current mainstream acceptance factory in Shandong is 5880-5930 yuan / ton; Inner Mongolia PVC enterprises accept the factory 5680-5750 yuan / ton to the mainstream of the north; Henan enterprises mainstream acceptance factory quotation 5900-5950 yuan / ton; The mainstream acceptance factory in Shanxi reported 5770-5850 yuan / ton; The mainstream factory in Hebei is 5800-5950 yuan / ton acceptance
.
The quotation of ethylene enterprises in East China is weak and stable, and the mainstream delivery price is 6250-6350 yuan / ton, and the transaction can be profitable
.
From the perspective of downstream demand, the current domestic PVC terminal products enterprises have maintained a low level of installation, mainly because of the increase in environmental protection supervision, and the product enterprises based on small family-type workshops have been severely hit
.
It is expected that the start of terminal products enterprises will remain stable
next week.
On the whole, it is expected that the overall trend of the domestic PVC market next week will maintain a weak finishing pattern
.
