PVC market prices are stable and traders' mentality is still peaceful

Upstream market: Crude futures were higher, with U.
S.
WTI crude futures for September delivery on the New York Mercantile Exchange (NYMEX) up $1.
32, or 3.
3%,
at $40.
83 a barrel.
Intercontinental Exchange (ICE) October Brent crude futures settled up $1.
30, or 3.
1%, at $43.
10 a barrel
.
Asian ethylene market prices were stable, CFR Northeast Asia prices held steady at 1094.
5-1096.
5 US dollars / ton; CFR Southeast Asia prices held steady at $1034.
5-1036.
5/mt
.

The spot market traded flat, and prices were stable and small
.

The PVC market in Hangzhou has a fair atmosphere, stable transactions, and little fluctuation in mainstream prices
.
Type 5 ordinary calcium carbide mainstream self-reported 5630-5700 yuan / ton, slightly higher quotation is also available
.

The PVC market atmosphere in Guangzhou is acceptable, the transaction is stable, the merchants follow the market to ship, and the price fluctuation is limited
.
The mainstream transaction price of ordinary type 5 calcium carbide is 5720-5770 yuan / ton self-pickup
.

There are not many supplies of PVC in the Linyi market, the cost continues to rise, and the price continues to rise
.
The quotation of ordinary type 5 calcium carbide excluding tax is delivered at 5280-5320 yuan / ton, and the price of the whole vehicle is slightly lower
.

On the whole, buyers' enthusiasm for procurement is still light, traders wait and see the changes in the future market and operate cautiously, downstream factories have less demand, and the overall transaction situation is average
.
It is expected that the short-term PVC market price will still be high
.