The PVC market continued to stabilize and the transaction was average

Upstream market: International crude oil futures edged higher, with the New York Mercantile Exchange (NYMEX) August WTI light sweet crude futures settlement price rising 29 cents, or 0.
6%,
to $44.
94 a barrel.
September Brent crude futures on London's Intercontinental Exchange (ICE) settled up 51 cents, or 1.
1 percent, at $47.
17 a barrel
.
Asian ethylene market prices partially fell, CFR Northeast Asia prices held steady at 1134.
5-1136.
5 US dollars / ton; CFR Southeast Asia prices fell $15 to settle at $1069.
5-1071.
5/mt
.

The spot market traded flat, and prices were stable and small
.

Hangzhou PVC market performance is relatively stable, futures pulled, spot trading is slightly better, some have tentative upward operation, high-price shipments still have resistance
.
Type 5 ordinary calcium carbide mainstream self-reported 5560-5670 yuan / ton, slightly higher and slightly lower
quotations.

Changzhou's PVC market performance is relatively stable
.
Type 5 ordinary calcium carbide, the mainstream self-pickup is 5530-5630 yuan / ton, and the high price is also available
.

The PVC market atmosphere in Guangzhou is acceptable, the transaction is general, merchants accompany the market to ship, and some transaction prices are slightly loose.

The mainstream transaction price of ordinary type 5 calcium carbide is 5610-5660 yuan / ton self-pickup
.

The fundamentals have not changed much, and merchants mostly enter the market according to their own supply conditions, wait and see the response of downstream demand, and the overall transaction is average
.
It is expected that the short-term PVC market will still be dominated by narrow consolidation
.