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PVC market running at a high level Transaction is still just needed

 Last Update: 2022-12-03
 Source: Internet
 Author: User

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The PVC market remained high
.
Traders' willingness to make profits has weakened, some are still trying to increase quotations, downstream factories are still hesitant to receive goods, maintain the order to enter the market inquiry, the actual transaction has not improved
significantly.

PVC

Upstream market: Oil prices rose, with U.
S.
WTI crude October futures closing up $0.
41, or 0.
89 percent, at $46.
29 a barrel
.
Brent crude for November futures closed up $0.
31, or 0.
65 percent, at $48.
32 a barrel
.
Yesterday Asian ethylene market was closed for the Kurbang holiday, and there is no price
for the time being.

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

There are not many supplies in the PVC market in Hebei, the transaction is stable, the merchants are reluctant to sell, and the price continues to rise
.
Type 5 material is delivered without tax 5680-5740 yuan / ton, including tax 6090-6160 yuan / ton
.

The quotation of the PVC market in Hangzhou rose significantly, traders were reluctant to sell at low prices, and the downstream actively inquired for replenishment
.
The mainstream of type 5 ordinary calcium carbide is reported at 6250-6300 yuan / ton, and a slightly higher quotation exists
.

The PVC market in Guangzhou is in short supply, the downstream demand is stable, the market transaction is active, and the price continues to rise
.
The mainstream transaction price of ordinary type 5 calcium carbide is 6300-6350 yuan / ton self-pickup
.

The downstream performance is not positive, the factory's ability to accept high prices is limited, and the real transaction is still just needed
.
The PVC market is expected to remain high in the short term
.

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