echemi logo
Product
  • Product
  • Supplier
  • Inquiry
    Home > Chemicals Industry > New Chemical Materials > Insufficient downstream follow-up PVC market weak finishing

    Insufficient downstream follow-up PVC market weak finishing

    • Last Update: 2022-12-02
    • Source: Internet
    • Author: User
    Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com

    The PVC market is weak and sorted out
    .
    Most of the merchants mainly let profits and shipments, and the downstream demand follow-up is insufficient, and most of them wait and see, and the real transaction is negotiated
    .

    PVC

    Upstream market: Oil prices retreated, with crude futures for June delivery on the New York Mercantile Exchange down 12 cents, or 0.
    2%,
    at $48.
    19 a barrel.
    Brent crude futures, the global benchmark on the European ICE futures exchange, settled down 35 cents, or 0.
    7 percent
    , at $48.
    93 a barrel.
    Asian ethylene market prices were stable, CFR Northeast Asia prices held steady at 1179.
    5-1181.
    5 US dollars / ton; CFR Southeast Asia prices held steady at $1139.
    5-1141.
    5/mt
    .

    The spot market traded flat, and prices were stable and small
    .
    The PVC market in Hangzhou has recently stabilized quotations, traders are actively shipping, the profit is limited, and the transaction is flat
    .
    Type 5 ordinary calcium carbide mainstream self-pickup quotation 5210-5280 yuan / ton, slightly higher quotation is also available
    .
    The PVC atmosphere in the Linyi market is calm, the downstream transaction is general, and the price fluctuation is limited
    .
    The quotation of ordinary type 5 calcium carbide excluding tax is delivered at 4920-4940 yuan / ton, and the price of the whole vehicle is slightly lower
    .
    The PVC market in Guangzhou has a calm atmosphere, the transaction is tepid, merchants are mainly shipped to the market, the mainstream price is stable, and the price of a few inventories is less and the price of the source of goods has increased
    slightly.
    The mainstream transaction price of ordinary type 5 calcium carbide is 5200-5250 yuan / ton for self-pickup, and the price of Tianye is slightly higher
    .

    Traders operate cautiously, downstream demand is still not ideal, and the volume is average
    .
    It is expected that the short-term PVC market will maintain a weak shock pattern
    .

    This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.

    Contact Us

    The source of this page with content of products and services is from Internet, which doesn't represent ECHEMI's opinion. If you have any queries, please write to service@echemi.com. It will be replied within 5 days.

    Moreover, if you find any instances of plagiarism from the page, please send email to service@echemi.com with relevant evidence.