Manufacturers' inventories are low, and the PVC market is trading flat

U.
S.
WTI crude oil closed; Brent crude for November futures closed up 0.
8 at $47.
63 a barrel
.

Upstream raw materials: Asian ethylene market prices are stable, CFR Northeast Asia closed at 1194.
5-1196.
5 US dollars / ton, CFR Southeast Asia stable at 1064.
5-1066.
5 US dollars / ton
.
The supply of calcium carbide is still tight, and the price center of gravity is deadlocked
.
Calcium carbide factory price in various places: Inner Mongolia Wuhai, Ordos area 2350-2400; Shizuishan Area, Ningxia 2350-2400; about 2450 in Zhongwei area; Shaanxi 2300-2400; Gansu area 2350-2450
.

Enterprise dynamics: calcium carbide PVC production enterprises are shipped at a high price
.
Type 5 ordinary calcium carbide around the surrounding mainstream acceptance factory in Inner Mongolia area 5400-5450 yuan / ton; The mainstream acceptance factory in Shandong is 5450-5600 yuan / ton; The mainstream factory in Hebei is 5400-5450 yuan / ton acceptance; The mainstream factory in Shanxi is 5400-5450 yuan / ton acceptance
.
Domestic ethylene PVC enterprises as a whole are mostly stable for the time being
.
At present, Qilu Petrochemical, Tianjin Dagu and LG Dagu in North China are shipped to 5900-6000 yuan / ton, the real delivery in East China is 6200-6300 yuan / ton, and Taiwan's Formosa Plastics quotation in September is 850 US dollars / ton CFR China's main port
.

Today's PVC market on the plastic exchange rose slightly, the closing price of each district rose more or less, and the PVC market in the futures market rose sharply, which once again boosted the bullish confidence of market participants, and the price of many places rose slightly during the session; As of the close, the settlement price of South China of the 5th type in September was 6040 yuan (ton price, the same below), up 10 yuan; East China settled at 5,970 yuan, down 10 yuan; North China settled at 5,775 yuan, up 5 yuan; The ethylene settlement price was 6,505 yuan, up 5 yuan
.
Fundamentals: Today's domestic PVC market trading is flat, PVC manufacturers inventory is low, prices have not been adjusted
.
Downstream product manufacturers are generally motivated to purchase, mostly on demand
.
At present, the views of various market participants on the future market are mixed, and all parties have a strong wait-and-see mood and cautious operation
.
It is expected that the market will remain high tomorrow to sort out the situation
.

Although the futures market has risen sharply, the performance of the domestic PVC spot market is uneven, East China trading is still light, and traders hold steady shipments waiting for transactions; South China has few goods, affected by the rise in futures, the price rises, closed in the afternoon; The North China market is running smoothly, and the overall quotation is on the high
side.
The future market still needs to pay close attention to the recovery of trading in East China after the end of
the G20.
It is expected that the PVC market will be
dominated by narrow consolidation in the near future.