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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
.
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
.