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U.
S.
WTI crude July futures closed up 1.
07 at $49.
69 a barrel
.
Brent crude for August futures closed up 0.
91 at $50.
55 a barrel
.
The domestic PVC market is stable and small, and the overall quotations of traders in various markets do not change much, and there is a slight pullback
.
The downstream follow-up is general, and the transaction is sluggish
.
At present, the factory price of upstream manufacturers is slightly loosened, although the market PVC inventory is small, which can form support
for the price trend of PVC in the future.
However, the terminal reception is not good, traders rarely replenish the stock, and manufacturers may face greater inventory pressure
in the future.
Upstream raw materials: Asian ethylene prices are stable, CFR Northeast Asia closed 1054.
5-1056.
5 US dollars / ton, CFR Southeast Asia closed 1044.
5-1046.
5 US dollars / ton
.
Recently, the purchase price of calcium carbide in Dezhou and Hebei was reduced by 30 yuan / ton, and the remaining prices were temporarily stable
.
PVC enterprise calcium carbide buyers in various places are currently entangled, mainly wait-and-see, some arrivals have increased significantly, and there is the possibility of price reduction in the
market.
At present, the arrival of calcium carbide in PVC enterprises has improved, plus the production of calcium carbide has increased steadily, and the calcium carbide furnace is planned to be put into operation in the later stage, so the market has begun to increase slightly bearish
.
Enterprise dynamics: calcium carbide PVC production enterprises quotations fell individually
.
Type 5 ordinary calcium carbide around the surrounding mainstream acceptance factory in Inner Mongolia area 5050-5150 yuan / ton; The mainstream acceptance factory in Shandong is 5140-5300 yuan / ton; The mainstream factory in Hebei is 5150-5250 yuan / ton acceptance; The mainstream factory in Shanxi is 5150-5250 yuan / ton acceptance
.
The mainstream price of ethylene enterprises in East China is 5600-5650 yuan / ton
.
Domestic ethylene PVC enterprises as a whole are mostly stable for the time being
.
At present, Qilu Petrochemical, Tianjin Dagu and LG Dagu in North China are shipped to 5400-5600 yuan / ton, East China is delivered to 5650-5700 yuan / ton, and Taiwan Formosa Plastics quotes to 800 US dollars / ton CFR in China's main port
.
The overall commodity market rose more or less, but plastic varieties continued to be sluggish, and it was difficult to drive the spot market
.
Today's plastic exchange PVC market is mainly stable, from the plate point of view, traders in various districts have a strong wait-and-see atmosphere, the price of each district in the session remains stable, there are few price adjustments, and the transaction in each district is general
.
As of the close, the settlement price in South China in June was 5330 yuan (ton price, the same below), flat; East China settled at 5270 yuan, flat; North China settled at 5230 yuan, flat; The ethylene settlement price was 5650 yuan, unchanged
.
Fundamentally, the domestic PVC market is weak and negative, the market performance in East China, South China and North China is not good, downstream orders are slow, market prices are slightly loose, and quotations are falling; Upstream manufacturers are operating normally, the supply is sufficient, and the maintenance capacity continues to decrease
.
It is expected that the short-term plastic exchange PVC will maintain a weak shock pattern
.
At present, the domestic PVC market demand is not good, the enthusiasm of downstream orders continues to be low, the shipment pressure of PVC traders increases, and the market rarely replenishes, resulting in PVC manufacturers and market prices continuing to fall
slightly in recent days.
The Dragon Boat Festival is approaching, and market participants have a strong atmosphere after the holiday, and there is little intention
to continue to adjust prices.
It is expected that the market will be mainly stable tomorrow
.