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On March 7, the domestic PVC market did not change much
.
Downstream demand follow-up is insufficient, traders are still hindered from high shipments, and the trading atmosphere is general
.
U.
S.
crude futures rose for the third straight week on Friday, with light sweet crude futures for April delivery on the New York Mercantile Exchange closing up $1.
35, or 1.
35 percent, at $35.
92 a barrel, and London's Intercontinental Exchange (ICE) Brent crude futures up $1.
65, or 4.
5 percent
, at $38.
72 a barrel.
On Friday (March 4), the Asian ethylene market rose, CFR Northeast Asia rose by $85 to close at $1099.
5-1101.
5 / ton; CFR Southeast Asia rose $75 to settle at $1089.
5-1091.
5/mt
.
In the spot market, the PVC market traded flat, and prices remained stable
.
Changzhou PVC market trading is still flat, but futures are higher, PVC companies do not cut prices to support, traders quotations follow higher
.
Type 5 ordinary calcium carbide, the mainstream self-pickup is 5230-5320 yuan / ton, and higher reports are also available
.
Hangzhou PVC market quotation increased, traders were reluctant to sell, low prices significantly reduced
.
Type 5 ordinary calcium carbide mainstream self-quotation is 5200-5350 yuan / ton, and it is difficult to deal
with high prices.
PVC market quotations in Guangzhou are rising, low prices are difficult to find, and there is a strong wait-and-see
.
The mainstream transaction price of ordinary type 5 calcium carbide is 5240-5300 yuan / ton for self-pickup, and the price of Tianye is slightly higher, and the quotation of some sources has risen to 5350-5450 yuan / ton
.
Traders' high shipments were blocked, and some of them made profit
shipments.
The downstream factory receiving goods is still relatively general, and the trading atmosphere in the market is relatively light
.
It is expected that the short-term PVC market adjustment space is still limited
.
