PVC market changes are insufficient The overall atmosphere is weak

Upstream market: Crude futures closed slightly lower, with light sweet crude futures for June delivery on the New York Mercantile Exchange down 3 cents, or 0.
1%,
at $48.
16 a barrel.
Brent crude futures, the global benchmark on the European ICE futures exchange, settled down 12 cents, or 0.
2 percent, at $48.
81 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
.

Spot market: Changzhou PVC market trading atmosphere is acceptable, quotations are up
.
Type 5 ordinary calcium carbide, the mainstream self-pickup is 5230-5280 yuan / ton
.
The PVC market in Guangzhou is acceptable, supported by rising futures and price increases of upstream PVC enterprises, and market prices have risen
.
The mainstream transaction price of ordinary type 5 calcium carbide is 5230-5280 yuan / ton for self-pickup, and the price of Tianye is slightly higher
.
Some traders in the PVC market in Hangzhou raised their quotations, demand was flat, and there was resistance
to high-priced shipments.
Type 5 ordinary calcium carbide mainstream self-pickup quotation 5250-5300 yuan / ton, slightly higher quotation is also available
.

The business mentality is more cautious, and the wait-and-see atmosphere is still strong
.
The downstream receiving force is not large, the shipment is slightly unsmooth, and the trading atmosphere remains flat
.
It is expected that the short-term PVC market will be dominated
by narrow finishing.