PVC market offer is stable cautious

Upstream market: Crude oil futures were lower, with WTI crude futures for July delivery on the New York Mercantile Exchange (NYMEX) down 33 cents, or 0.
7%,
at $48.
08 a barrel.
July Brent crude futures on the Intercontinental Exchange in London (ICE) settled down 37 cents, or 0.
8%,
at $48.
35 a barrel.
Asian ethylene market prices fell, CFR Northeast Asia prices fell $20 to close at $1149.
5-1151.
5 / ton; CFR Southeast Asia prices fell $5 to settle at $1129.
5-1131.
5/mt
.

Market conditions in various places: the PVC market quotation in Hangzhou is high, although the shipment is not good, but the inventory pressure is not large, and the replenishment cost is rising, traders have little intention to reduce the price in the short term, and the price is wait-and-see
.
Type 5 ordinary calcium carbide mainstream self-pickup quotation 5300-5350 yuan / ton, slightly higher quotation is also available
.
The PVC market in Hebei has a calm atmosphere, tepid transactions, and stable mainstream prices
.
The mainstream of ordinary type 5 calcium carbide is delivered without tax 4800-4880 yuan / ton, including tax 5120-5210 yuan / ton, and higher quotations are also available
.
The PVC market in Guangzhou has a calm atmosphere, the transaction is average, and the mainstream price fluctuations are limited
.
The mainstream transaction price of ordinary type 5 calcium carbide is 5250-5300 yuan / ton for self-pickup, and the price of Tianye is slightly higher
.

Traders operate step by step, the mentality is cautious, downstream demand has not been particularly improved, and they are mainly used and
purchased.
It is expected that the short-term PVC market will be dominated
by stable finishing.