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PVC market prices remain high
.
Downstream factories have limited enthusiasm for receiving goods, and procurement is mainly based on a small amount of on-demand, which drags down the market to further strengthen
.
Upstream market: WTI crude oil October futures settlement price of $45.
88 per barrel, down $1.
74 per barrel, or 3.
7%, from the previous trading day; Brent crude oil futures for November settled at $48.
01 a barrel, down $1.
98 a barrel, or 4.
0%,
from the previous session.
Asian ethylene market prices were stable, CFR Northeast Asia prices held steady at 1189.
5-1191.
5 US dollars / ton; CFR Southeast Asia prices held steady at $1059.
5-1061.
5/mt
.
The spot market traded flat, and prices were stable and small
.
PVC market traders in Hebei area are not many supplies, shipments are acceptable, merchants are reluctant to sell, freight rises, arrival prices continue to rise, 5 types of material excluding tax 5640-5700 yuan / ton delivery, including tax 6050-6110 yuan / ton delivery
.
There are not many supplies in the PVC market in Changzhou, and the quotation has risen significantly
.
Type 5 ordinary calcium carbide, the mainstream self-pickup is 6130-6200 yuan / ton, low price is difficult to find, higher quotation is also available
.
There are not many sources of PVC in the Linyi market, supported by the continuous increase in the factory price of enterprises, merchants are reluctant to sell, and market prices have risen
.
The quotation of ordinary type 5 calcium carbide excluding tax is delivered at 5700-5730 yuan / ton, and the price of the whole vehicle is slightly lower
.
Downstream demand continues to be stable, and the resistance to high-priced raw materials is obvious, and it is difficult to increase the volume
.
It is expected that the short-term PVC market will still operate at a high level
.