Downstream demand has not improved, and the PVC market is weak

Upstream market: International crude oil futures fell, with NYMEX May WTI light sweet crude futures down $1.
14, or 2.
75%, at $40.
36 a barrel, and the Intercontinental Exchange (ICE) June Brent crude futures settlement down 74 cents, or 1.
7%,
at $43.
10 a barrel.
Asian ethylene market prices partially rose, CFR Northeast Asia prices held steady at 1199.
5-1201.
5 US dollars / ton; CFR Southeast Asia rose $10 to settle at $1169.
5-1171.
5/mt
.

The spot market traded flat, and prices were stable and small
.
Changzhou PVC market trading is flat, high-price shipments are not good, quotations are still down, low-end quotations remain stable
.
Type 5 ordinary calcium carbide, the mainstream self-pickup is 5250-5350 yuan / ton, slightly higher quotation is also available, but it is difficult to trade
.
Hangzhou PVC market traders ship generally, the quotation does not change much, continue to ship to make profits
.
Type 5 ordinary calcium carbide mainstream self-pickup quotation 5250-5380 yuan / ton, slightly higher quotation is also available
.
The PVC market in Guangzhou has a calm atmosphere, traders have stable prices, the transaction is tepid, and a few high prices are slightly loose.

The mainstream transaction price of ordinary type 5 calcium carbide is 5330-5370 yuan / ton for self-pickup, and the price of Zhongtai/Tianye is slightly higher
.

The downstream mostly holds a wait-and-see mentality, the inquiry is mainly based on price exploration, the actual position cover is limited, and the buyer and seller are cautious
in trading.
It is expected that the short-term PVC market will continue to be weak
.