PVC market high finishing downstream demand performance is flat

Crude futures were higher on Wednesday, with U.
S.
benchmark crude futures closing up $0.
26 or 0.
8 percent at $34.
66 a barrel and Intercontinental Exchange (ICE) Brent crude futures up $0.
12, or 0.
3 percent, at $
36.
93 a barrel.

On Wednesday (March 2), the Asian ethylene market price was stable, and the CFR Northeast Asia price held steady to close at 1014.
5-1016.
5 US dollars / ton; CFR Southeast Asia prices held steady at $1014.
5-1016.
5/mt
.

In the spot market, the PVC market traded flat and prices were stable
.
Hangzhou PVC market traders shipped poorly, high-price transactions were blocked, narrow margins were shipped, and inventory pressure was unabated
.
Type 5 ordinary calcium carbide mainstream self-quotation 5100-5220 yuan / ton, high price is difficult to trade
.
The PVC market in Guangzhou is calm, the downstream demand is not good, the trading volume is low, the mainstream price is stable, and the price of a few sources is slightly loose.

The mainstream transaction price of ordinary type 5 calcium carbide is 5180-5230 yuan / ton for self-pickup, and the price of Tianye is slightly higher
.
The performance of the Linyi PVC market is calm, and the demand is average
.
Cost support, merchant quotation firm, ordinary type 5 calcium carbide excluding tax quotation at 4800 yuan / ton delivery
.

Downstream demand remains flat, traders ship poorly, and some of them make profit sales
.
It is expected that the short-term PVC market has limited room for adjustment
.