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The PVC market has few resources, and traders' quotations remain firm
.
The factory is not highly motivated to purchase high-priced goods, and the market trading atmosphere has not improved
significantly.
Upstream market: International crude oil futures prices rose sharply, WTI crude oil November futures settled at $45.
93 per barrel, up $1.
45, or 3.
3%, from the previous session, and Brent crude oil November futures settled at $47.
35 per barrel, up $1.
46, or 3.
2%,
from the previous session.
Asian ethylene market prices were stable, CFR Northeast Asia prices held steady at 1164.
5-1166.
5 US dollars / ton; CFR Southeast Asia prices held steady at $1039.
5-1041.
5/mt
.
The spot market traded flat, and prices were stable and small
.
There are not many supplies in the PVC market in Guangzhou, the downstream demand is stable, there are many merchants closed, and the transaction price continues to rise
.
The PVC market quotation in Changzhou is firm, and it continues to rise and is blocked, and the trading is general
.
There are not many supplies in the PVC market in Qilu Chemical City, the price of some tight sources has risen sharply, the price of calcium carbide is temporarily stable, and some transactions can be negotiated
.
Latest Offer:
Ningxia Yinglite PVC started normally, and the quotation rose
.
Type 5 to the north acceptance factory 6500 yuan / ton, type 3 to the north acceptance factory 6600 yuan / ton, low inventory, into conversation
.
Taizhou Liancheng 450,000 tons of PVC plant started 8-90%, pre-sale is better, the quotation increased by 100 yuan / ton
.
US65 sent to East China News 7300 yuan / ton, US60 sent East China News 7300 yuan / ton, US70 sent East China News 7300 yuan / ton, US dollar offer 900 US dollars / ton FOB, the actual transaction price is slightly lower
.
Henan Shenma new plant has a total capacity of 300,000 tons and started 3-40%, the price rose by 50 yuan / ton, and the inventory was small
.
Type 5 to the outside of the province cash exchange factory 6650 yuan / ton, temporarily do not produce type 3, the province quotation is 50 yuan / ton, into a conversation
.
As of 15 o'clock, the quotation of individual grades of spot PVC of China Plastic rose by 50 yuan / ton, and the lowest price of S-03-2/Shanghai Sanyi was 9150 yuan / ton
.
The PVC market is cautiously optimistic and unchanged
.
The mainstream of petrochemical enterprises is still mainly adjusted to the factory, which means that the pressure on petrochemical internal inventory is not large in the short term, which is another support
for the market.
It is expected that the short-term PVC market will still operate at a high level
.