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The PVC market is moving
steadily.
The trading atmosphere in the market has not increased significantly, and the enthusiasm of downstream factories to enter the market is not high, and there are still many
waiters.
Upstream market: International crude futures closed lower, with NYMEX September WTI light sweet crude futures closing down 56 cents, or 1.
3%, at $44.
19 a barrel, and London's Intercontinental Exchange (ICE) September Brent crude futures closing down 51 cents, or 1.
1%, at $45.
69 a barrel
.
Asian ethylene market prices partially fell, CFR Northeast Asia prices fell $15 to close at $1119.
5-1121.
5 / ton; CFR Southeast Asia prices held steady at $1059.
5-1061.
5/mt
.
The spot market traded flat, and prices were stable and small
.
Hangzhou PVC market atmosphere is flat, quotations are stable, trading is average
.
Type 5 ordinary calcium carbide mainstream self-reported 5530-5650 yuan / ton, slightly higher, slightly lower quotation is also available
.
The PVC market in Guangzhou has a calm atmosphere, downstream demand is general, merchants follow the market to ship, mainstream prices are stable, and a small number of real orders make profits
.
The PVC market price in Qilu Chemical City is stable, the downstream demand is general, and the overall trading is tepid
.
The terminal inquiry has not changed much, the enthusiasm for margin call is not high, and some real orders can be negotiated
.
The market activity is insufficient, and the trading atmosphere is light
.
Merchants operate cautiously and have a flat
mentality.
Downstream users continue to purchase on demand, with limited
support for market conditions.
It is expected that the short-term PVC market will still be dominated by consolidation
.