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    Home > Chemicals Industry > New Chemical Materials > Downstream terminals are more wait-and-see PVC quotations are stable and declining

    Downstream terminals are more wait-and-see PVC quotations are stable and declining

    • Last Update: 2022-12-01
    • Source: Internet
    • Author: User
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    PVC market quotations are stable and declining
    .
    Some merchants appropriately let profits take goods, downstream terminals watch the market, take as they go, and the overall transaction is limited
    .

    PVC

    Upstream market: International oil prices jumped on Friday, with crude futures for May delivery on the New York Mercantile Exchange (NYMEX) rising $2.
    46, or 6.
    6 percent, to settle at $
    39.
    72 a barrel.
    Intercontinental Exchange (ICE) Brent crude rose $2.
    51, or 6.
    37 percent, to settle at $
    41.
    94 a barrel.
    Asian ethylene market prices rose, CFR Northeast Asia rose $5 to close at $1199.
    5-1201.
    5/ton; CFR Southeast Asia rose $5 to settle at $1159.
    5-1161.
    5/mt
    .

    The spot market traded flat, and prices were stable and small
    .
    The trading atmosphere of the Shanghai PVC market is still not good, the mainstream quotations remain stable, and some quotations still fall
    .
    The mainstream self-pickup quotation of type 5 is 5350-5500 yuan / ton, and it is difficult to deal
    with higher quotations.
    Hangzhou PVC market trading is flat, most suppliers hold steady offers, the transaction is not good, some quotations are still negative
    .
    Type 5 ordinary calcium carbide mainstream self-pickup quotation 5340-5480 yuan / ton, slightly higher quotation is also available
    .
    The mainstream quotation of PVC market in Guangzhou has not changed much, the demand is flat, the shipment is general, and the transaction price is profitable
    .
    The mainstream transaction price of ordinary type 5 calcium carbide is 5400-5460 yuan / ton for self-pickup, and the price of Zhongtai/Tianye is slightly higher
    .

    At present, traders are not shipping well, making small concessions to facilitate transactions, factory inquiries are generally enthusiastic, and actual transactions are slightly loosened
    .
    It is expected that the short-term PVC market will be dominated
    by narrow finishing.

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