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The PVC market as a whole is mainly stable
.
Terminal demand continues to be flat, and the wait-and-see mood does not abate
.
Merchants have different mentalities towards the future market and trade
cautiously.
Upstream market: Oil prices edged lower, with crude futures for June delivery on the New York Mercantile Exchange down 41 cents, or 0.
9%,
at $47.
75 a barrel.
Brent crude futures on the European ICE Futures Exchange fell 9 cents, or 0.
2 percent, to $48.
72 a barrel
.
Asian ethylene market prices fell, CFR Northeast Asia prices fell $10 to close at $1169.
5-1171.
5 / ton; CFR Southeast Asia prices fell $5 to settle at $1134.
5-1136.
5/mt
.
The market traded flat, and prices were stable and small
.
The PVC market in Hebei has a calm atmosphere, tepid transactions, and stable mainstream prices
.
The mainstream of ordinary type 5 calcium carbide is delivered without tax 4800-4880 yuan / ton, including tax 5120-5210 yuan / ton, and higher quotations are also available
.
The quotation of the PVC market in Hangzhou continued to rise, although the order was generally received after the price increase, but affected by the price increase of PVC manufacturers, the low price was reluctant to sell
.
Type 5 ordinary calcium carbide mainstream self-pickup quotation 5280-5350 yuan / ton, slightly higher quotation is also available
.
The PVC atmosphere in Linyi market is stable, shipments are tepid, merchants follow the market operation, and the price rises
slightly.
The quotation of ordinary type 5 calcium carbide excluding tax is delivered at 4940-4970 yuan / ton, and the price of the whole vehicle is slightly lower
.
Market transaction and shipment is still slow, some middlemen have a small amount of purchases, downstream factories do not purchase much, the trading atmosphere is light, most traders are cautious
.
It is expected that the short-term PVC market will maintain a narrow consolidation trend
.