PVC weak shock The overall mentality is cautious

Upstream market: Oil prices rose, with Brent crude futures on the European ICE Futures Exchange settling up 32 cents, or 0.
6%, at $50.
04 a barrel, and U.
S.
crude futures for July delivery on the New York Mercantile Exchange up 16 cents, or 0.
3%,
at $49.
17 a barrel.
Asian ethylene market prices partially fell, CFR Northeast Asia prices fell $10 to close at $1069.
5-1071.
5 / ton; CFR Southeast Asia prices held steady at $1064.
5-1066.
5/mt
.

Spot market: Changzhou PVC market is weak and consolidated, traders are holding steady and waiting, trading is flat, and the mentality is not good
.
Type 5 ordinary calcium carbide, the mainstream self-pickup is 5250-5300 yuan / ton, slightly higher quotation exists
.
Hangzhou PVC market shipments are not good, traders have a biased mentality, narrow concessions, and weak and stable
quotations.
Type 5 ordinary calcium carbide mainstream self-pickup quotation 5250-5300 yuan / ton, slightly higher quotation is also available
.
The PVC market in Guangzhou continued to be stable, the demand was general, the transaction was tepid, and the mainstream price remained stable
.
The mainstream transaction price of ordinary type 5 calcium carbide is 5230-5270 yuan / ton for self-pickup, and the price of Tianye is slightly higher
.

Merchants mostly hold a wait-and-see attitude, the mentality of taking goods is not good, downstream demand is sluggish, and orders are average
.
It is expected that the short-term PVC market will still be dominated by weak
finishing.