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Trade Service
On November 28, the atmosphere of the main domestic PVC market was flat, and the market fell
locally.
Downstream procurement enthusiasm has always been difficult to mobilize, most traders are becoming more uneasy, and the operation is mainly
to let profits and shipments.
On the whole, the PVC market trading is flat, and the price is stable and small
.
Upstream market brief: U.
S.
WTI crude January futures closed down $1.
90, or 3.
96%, at $46.
06 / barrel on Friday (Nov.
25), and Brent crude January futures closed down $1.
76, or 3.
59%, at $47.
24 / barrel
on Friday.
On Friday (November 25), the Asian ethylene market price was mixed, with CFR Northeast Asia rising by $30 to close at $1039.
5-1041.
5 / ton; CFR Southeast Asia fell $20 to settle at $899.
5-901.
5/mt
.
Local market conditions: The quotation of the PVC market in Changzhou was reduced
.
Type 5 ordinary calcium carbide, the mainstream self-pickup quotation is 7750-7850 yuan / ton, and the quotation of individual sources such as Tianye and Zhongtai is slightly higher
.
There are not many supplies in the PVC market in Guangzhou, but the demand is poor, the transaction volume is low, and the price is constantly loosening
.
The mainstream transaction price of ordinary type 5 calcium carbide is 8150-8200 yuan / ton for self-pickup, and lower and higher prices are also available
.
The PVC market in Qilu Chemical City is not much in supply, the downstream demand is general, the trading is tepid, and the transaction price continues to loosen
.
The latest quotation: Inner Mongolia Wuhai Chemical PVC plant started 90%.
There are not many supplies, and the price of Type 5 is reduced by 100 yuan / ton
.
Type 5 material is reported at 7500 yuan / ton acceptance, and 3/7/8 type acceptance is 7500 yuan / ton
.
Hanwha Ningbo PVC plants are basically full capacity, no inventory, mainly delivery orders, and stable
quotations.
At present, East China is sent to: HG-1000F reported 8600 yuan / ton, HG-800 reported 8650 yuan / ton, HG-1300 reported 8700 yuan / ton; Limited sale, the transaction can be negotiated
.
Texas Solid PVC plant started normally
.
The weekend price was reduced by 50 yuan / ton, and the prices of each material were: 7/8 type material factory 7950 yuan / ton acceptance, now exchange rate lower 80 yuan / ton
.
Prediction of the future market: merchants are mainly accompanied by market shipments, downstream demand is general, and there are still many
wait-and-see.
It is expected that the short-term PVC market will still be dominated by narrow range
.
