The PVC market atmosphere is flat and the merchant mentality is weak

Upstream market: International crude oil futures prices rebounded, with NYMEX July WTI light sweet crude futures settling up $1.
77, or 3.
8%,
at $47.
98 a barrel.
August Brent crude futures on London's Intercontinental Exchange (ICE) settled up $1.
98, or 2.
7 percent, at $49.
17 a barrel
.
Asian ethylene market prices were mixed, with CFR Northeast Asia rising $10 to close at $1049.
5-1051.
5/mt; CFR Southeast Asia prices fell $5 to settle at $1039.
5-1041.
5/mt
.

Spot market: PVC trading in Linyi market is flat, downstream orders are not active, traders follow the market to ship, and quotations remain stable
.
The quotation of ordinary type 5 calcium carbide excluding tax is delivered at 4770-4820 yuan / ton, and the price of the whole vehicle is slightly lower
.
Hangzhou PVC market quotation is stable, futures are rising, and there are also individual traders who offer a small increase, but the demand is flat, and trading is still difficult to put volume
.
Type 5 ordinary calcium carbide mainstream self-pickup quotation 5160-5220 yuan / ton, slightly higher quotation is also available
.
The PVC market in Guangzhou performed flatly, the demand was average, the trading was tepid, and the mainstream price was stable
.
The mainstream transaction price of ordinary type 5 calcium carbide is 5150-5200 yuan / ton self-pickup, and the price of Tianye is slightly higher
.

Most merchants mainly let profit sales, downstream manufacturers are cautious, the willingness to take the initiative to receive goods is not high, and the market wait-and-see atmosphere is strong
.
It is expected that the short-term PVC market will maintain a finishing pattern
.