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On March 9, the PVC market remained stable
.
Downstream terminal demand is still insufficient, the wait-and-see atmosphere in the inquiry is strong, the intention to receive goods is not strong, more cautious procurement on demand, small transactions
.
International crude futures fell sharply on Tuesday, with NYMEX's U.
S.
benchmark WTI light sweet crude futures settling down $1.
40, or 3.
7 percent, at $36.
50 a barrel, and London's Intercontinental Exchange (ICE) global benchmark Brent crude futures down $1.
19, or 2.
9 percent
, at $39.
65 a barrel.
In the spot market, the PVC market traded flat, and prices remained stable
.
Hangzhou PVC market is slightly flat, traders stabilize shipments, shipments are not as good as at the beginning of the
week.
Type 5 ordinary calcium carbide mainstream self-quotation 5200-5350 yuan / ton, higher quotation is also available, but difficult to trade
.
The PVC atmosphere in Linyi market is stable, and the transaction is tepid
.
Traders' quotations were firm, and ordinary type 5 calcium carbide excluding tax was delivered at 4930-4950 yuan / ton
.
The PVC market sentiment in Guangzhou has weakened, the trading volume has declined, and the mainstream price has stabilized
temporarily.
The mainstream transaction price of ordinary type 5 calcium carbide is 5300-5340 yuan / ton for self-pickup, and the price of Tianye is slightly higher
.
The PVC market is still dominated
by high-level finishing.
Merchants follow shipments, terminals receive goods generally, and high-level transactions are still difficult to put volume
.
It is expected that the short-term PVC market will maintain a high consolidation pattern
.
