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The PVC market maintained high operation
.
However, the downstream performance is not positive, the factory's ability to accept high prices is limited, and the real transaction is still just needed
.
Upstream market: International crude oil futures closed mixed on Tuesday, with U.
S.
WTI crude October futures closing up $0.
14, or 0.
32%, at $43.
44 a barrel
on Tuesday.
Brent crude for November futures closed down $0.
07, or 0.
15 percent, at $45.
88 a barrel
on Tuesday.
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 $1049.
5-1051.
5/mt
.
The spot market traded flat, and prices were stable and small
.
There are not many supplies in the PVC market in Hebei, and merchants are reluctant to sell, supported by the increase in ex-factory prices and the increase in freight costs
.
The market price continues to rise, and the 5-type material is delivered 5950-6050 yuan / ton without tax, and 6380-6490 yuan / ton is delivered
without tax.
The Shanghai PVC market has limited arrivals, and traders continue to increase prices and
shipments.
Type 5 mainstream self-pickup quotation is 6750-6850 yuan / ton, low price is difficult to find, higher quotation is also available
.
There are not many supplies in the PVC market in Hangzhou, and traders continue to increase prices and shipments, limited supply
.
The mainstream of type 5 ordinary calcium carbide is reported at 6700-6800 yuan / ton, and a slightly higher quotation exists, and the low price is difficult to find
.
As of 15 o'clock, the quotation of some grades of spot PVC of China Plastic rose by 150-300 yuan / ton, of which S-02/Shanghai Sanyi was as low as 9100 yuan / ton (up 300), and S-03-2/Shanghai Sanyi was as low as 9100 yuan / ton (up 150).
Terminal factories resisted high prices, wait-and-see sentiment intensified, and trading did not increase
.
It is expected that the short-term PVC market will still operate at a high level
.