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PVC market offer is mainly weak and sorted, traders according to inventory, flexible offer, accompanying the market, downstream factories on demand procurement, the overall transaction situation is not good
.
Upstream market: Oil prices tumbled nearly 4%, with WTI crude futures down 3.
76% at $51.
96 a barrel and Brent crude futures down 3.
78% at $54.
94 a barrel
.
Asian ethylene market prices were stable, CFR Northeast Asia prices held steady at 1129.
5-1131.
5 US dollars / ton; CFR Southeast Asia prices held steady at $979.
5-981.
5/mt
.
The market traded flat, but prices held steady
.
Changzhou PVC market quotation increased, downstream orders are acceptable, bargain hunting appropriate stocking
.
The mainstream of ordinary type 5 calcium carbide is 6250-6350 yuan / ton, and the high price is also available
.
PVC demand in Linyi market has improved slightly, transactions are tepid, and prices have risen
.
The quotation of ordinary type 5 calcium carbide excluding tax is delivered at 5700-5750 yuan / ton, and the price of the whole vehicle is slightly lower
.
The low price of Hangzhou PVC market continues to decrease
.
Type 5 ordinary calcium carbide mainstream self-pickup 6250-6350 yuan / ton, low price is difficult to find, higher quotation is also available
.
In terms of the latest offer:
Yibin Tianyuan PVC plant started 90%.
The shipment improved, the price was raised, the quotation of the 5-type material was 6400 yuan / ton, and the 3-type/8-type was 200 yuan / ton, and the actual transaction could be negotiated
.
Shanxi Yushe's 300,000 tons of PVC is basically at full load, the quotation is stable, and the price of real orders has risen
.
At present, the factory quotation of 5 type 5 to the surrounding area is 6100 yuan / ton, and the transaction can be negotiated
.
Sichuan Jinlu PVC started at full load, inventory was small, shipments improved, and prices were raised
.
Type 5 material is delivered to 6500 yuan / ton, and type 3/8 is 200 yuan / ton
.
Downstream demand has not changed much, merchants are more cautious, and the terminal focuses on just needing to replenish positions
.
It is expected that the short-term PVC market will still be dominated by weak consolidation
.
