Downstream procurement is cautious PVC market weak consolidation

Upstream markets: Crude futures rose again, with light sweet crude futures for May delivery on the New York Mercantile Exchange up $1.
55, or 3.
8%, at $42.
63 a barrel, and Brent crude futures, the global benchmark on the European ICE Futures Exchange, settled up $1.
77, or 4%, at $45.
80 a barrel
.
Asian ethylene market prices were stable, CFR Northeast Asia prices held steady at 1199.
5-1201.
5 US dollars / ton; CFR Southeast Asia prices held steady at $1169.
5-1171.
5/mt
.

The spot market traded flat, and prices were stable and small
.
The PVC market in Hebei is calm, the downstream demand is not good, the transaction is tepid, and the mainstream price is stable
.
The mainstream of ordinary type 5 calcium carbide is delivered without tax 4850-4950 yuan / ton, including tax 5180-5280 yuan / ton, and higher quotations are also available
.
Hangzhou PVC market traders have stabilized their mentality, holding up prices and waiting, individual quotations have increased, and low-end quotations have decreased
.
Type 5 ordinary calcium carbide mainstream self-pickup quotation 5280-5380 yuan / ton, slightly higher quotation is also available
.
The PVC market atmosphere in Guangzhou is better, the merchant mentality has improved slightly, and the quotation has been slightly raised
.
The mainstream transaction price of ordinary type 5 calcium carbide is 5290-5340 yuan / ton self-pickup, and the price of Zhongtai/Tianye is slightly higher
.

Due to the limited volume of terminal demand, the weak situation has not changed significantly, the merchant mentality is not good, the profit shipment is the mainstay, and the trading atmosphere is still relatively light
.
It is expected that the short-term PVC market will be
dominated by weak decline.