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The PVC market adjusts in a narrow range
.
Traders operate mainly with the market, the mentality is flat, the downstream demand is the mainstay, and the wait-and-see remains unchanged
.
Upstream market: Oil prices hit their highest since 2016, with WTI crude futures for July delivery on the New York Mercantile Exchange (NYMEX) up 94 cents, or 1.
9%, at $49.
56 a barrel, and the July Brent crude futures on the Intercontinental Exchange in London (ICE) up $1.
13, or 2.
3%,
at $49.
74 a barrel 。 Asian ethylene market prices fell, CFR Northeast Asia prices fell $30 to close at $1119.
5-1121.
5 / ton; CFR Southeast Asia prices fell $10 to settle at $1119.
5-1121.
5/mt
.
The spot market traded flat, and prices were stable and small
.
The PVC market sentiment in Hangzhou continued to be flat, traders actively shipped, quotations were stable, and transaction prices were loose.
Type 5 ordinary calcium carbide mainstream self-pickup quotation 5300-5350 yuan / ton, slightly higher quotation is also available
.
The PVC market in Guangzhou continues to be calm, downstream demand is general, trading is tepid, mainstream prices do not fluctuate much, and a few real orders are slightly loose.
The mainstream transaction price of ordinary type 5 calcium carbide is 5240-5290 yuan / ton self-pickup, and the price of Tianye is slightly higher
.
The PVC market atmosphere in Qilu Chemical City is calm, the downstream transaction is general, the mainstream quotation is stable, the merchants are temporarily stable and wait-and-see, and some actual orders can be discussed
.
Traders operate cautiously, downstream start-up enterprises do not have high intentions to stock up, and the overall transaction of the market has no obvious signs of
volume.
It is expected that the short-term PVC market will maintain a stable consolidation market
.