PVC market performance is not good, some quotations fall

Upstream market: U.
S.
crude futures settled higher on Tuesday, with benchmark U.
S.
crude futures on the New York Mercantile Exchange up 3.
3 percent at $41.
08 a barrel and Brent crude futures for European ICE futures up 2.
6 percent at $
44.
03 a barrel.
Asian ethylene market prices were stable, CFR Northeast Asia prices held steady at 1199.
5-1201.
5 US dollars / ton; CFR Southeast Asia prices held steady at $1169.
5-1171.
5/mt
.

The spot market traded flat, and prices were stable and small
.
Shaanxi Northwest Yuan PVC shipments are general, and the price is reduced by 50 yuan / ton
.
Type 5 material factory report 5150 yuan / ton acceptance, type 3 high 150 yuan / ton, type 8 high 150 yuan / ton, some export prices are slightly lower
.
Hangzhou PVC market traders opened at a stable price, waiting for the transaction, and the trading did not improve
.
Type 5 ordinary calcium carbide mainstream self-quotation 5250-5350 yuan / ton, slightly higher quotation is also available
.
The PVC market in Guangzhou has a calm atmosphere, downstream demand is tepid, and the mainstream transaction price fluctuations are limited
.
The mainstream transaction price of ordinary type 5 calcium carbide is 5270-5320 yuan / ton for self-pickup, and the price of Zhongtai/Tianye is slightly higher
.

As of 15 o'clock, the quotation of some grades of spot PVC of China Plastic rose by 50 yuan / ton, of which EB109/Shanghai Chlorine Shanghai Peak was as low as 12050 yuan / ton (up 50), R-07/Shanghai chlor-alkali was as low as 12050 yuan / ton (up 50), S02/Shanghai Juhua was as low as 11050 yuan / ton (up 50), and S-03/Shanghai Zhongyuan was as low as 11550 yuan / ton (up 50).

Traders are unstable, appropriate concessions, downstream demand is still not improving, wait and see the market, take as you go, the overall transaction is not good
.
It is expected that the short-term PVC market will maintain a weak finishing pattern
.