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U.
S.
WTI crude for June futures closed down 1.
22 at $43.
44 a barrel
.
Brent crude July futures closed down 1.
74 at $43.
63 a barrel
.
The domestic PVC market atmosphere is still flat, the supply and demand in East China is basically stable, and the price adjustment is not obvious
.
The supply pressure in South China is large, coupled with the impact of local heavy rain on downstream construction and transportation, resulting in poor shipments by traders, and quotations continue to fall
.
The atmosphere in North China turned weaker, and quotations were revised
down in a narrow range.
Upstream raw materials: Asian ethylene CFR Northeast Asia stable harvest at 1189.
5-1191.
5 US dollars / ton, CFR Southeast Asia stable at 1144.
5-1146.
5 US dollars / ton
.
The purchase price of Tianjin calcium carbide rose by 50 yuan / ton, and the rest of the prices remained stable
for the time being.
PVC enterprise calcium carbide arrival is unbalanced, some arrivals are slightly better than the previous period, can maintain sufficient or slightly surplus, some of the arrival is still tight, procurement is active, and the receiving price is sporadically raised
.
The start of calcium carbide enterprises is unstable, the increase in output is slow, the supply improvement is limited, and the market supply and demand game continues to be ongoing
.
Enterprise dynamics: calcium carbide PVC production enterprises quotations are slightly loosened
.
Type 5 ordinary calcium carbide around the Inner Mongolia area mainstream acceptance factory 5250-5300 yuan / ton; The mainstream acceptance factory in Shandong is 5350-5450 yuan / ton; The mainstream factory in Hebei is 5200-5350 yuan / ton acceptance; The mainstream factory in Shanxi is 5250-5350 yuan / ton acceptance
.
The mainstream price of ethylene enterprises in East China is 5700-5800 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 5700-5750 yuan / ton, and Taiwan Formosa Plastics quoted in April to 800 US dollars / ton CFR China's main port
.
The PVC market of the plastic exchange fluctuated to the downside
.
From the perspective of the market, the sluggish atmosphere shrouded the market, the settlement price contracts in South China and North China fell sharply, traders opened positions on the dip, trading was more active, and orders in various regions increased
slightly.
As of the close, the settlement price in South China in May was 5224.
39 yuan (ton price, the same below), down 171.
52 yuan; East China settled at 5360 yuan, up 10 yuan; North China settled at 5020 yuan, down 130 yuan; and ethylene settlement price was 5770 yuan, down 10 yuan
.
Fundamentally, the domestic PVC market sentiment is still flat, traders in the South China market are not shipping well, and quotations continue to fall; East China and North China are temporarily stable and wait-and-see, and trading is average
.
Downstream orders are still not active, and it is difficult to boost
the confidence of the industry.
It is expected that the short-term plastic exchange PVC will maintain a weak shock pattern
.
The domestic PVC market sentiment is still flat, traders in the South China market are not shipping well, and quotations continue to fall; East China and North China are temporarily stable and wait-and-see, and trading is average
.
Downstream orders are still not active, and it is difficult to boost the confidence of the industry, and it is expected that the short-term domestic PVC market will be difficult to change the decline
.