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PVC prices are basically unchanged and the market situation is mainly stable

 Last Update: 2022-12-04
 Source: Internet
 Author: User

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china real gdp

asian spot

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The PVC market is basically closed, and the price is basically unchanged
.
Most merchants have been delisted, the Spring Festival atmosphere is strong, downstream manufacturers have stopped work for holidays, and transactions are rare
.

PVC

Upstream market: international oil prices closed flat on Wednesday (January 25), with U.
S.
crude oil futures trading at $53.
18 / barrel; Brent crude futures fell $0.
36, or 0.
65 percent, to $55.
08 a barrel
.
On Wednesday (January 25), the Asian ethylene market price was stable, and the CFR Northeast Asia price held steady to close at 1169.
5-1171.
5 US dollars / ton; CFR Southeast Asia prices held steady at $1034.
5-1036.
5/mt
.

The spot market offer is stable and the festive atmosphere is strong
.

Due to the upcoming Spring Festival holiday, the East China PVC market is closed for more merchants and offers are less
.

The PVC market in South China is stable, approaching the Spring Festival, with limited offers and average transactions
.

The PVC market in North China traded flatly, quotations were limited, and merchants were basically closed
.

Latest Offer:

Fanglutai Chemical (formerly Jining Jinwei) PVC plant started normally, no quotation
for the time being.

Shandong Xinfa Chemical PVC plant started at full capacity, no quotation
for the time being.

Inner Mongolia Junzheng Chemical PVC started normally and the quotation was stable
.

The PVC market has gradually entered the closed stage, the Spring Festival is approaching, the exchange trading activity is basically stagnant, and the real transaction is rare
.
It is expected that the short-term PVC market will be stable
.

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