The PVC market is basically stable and downstream procurement is cautious

Upstream market: Crude futures rose, with U.
S.
crude futures for August delivery on the New York Mercantile Exchange up $1.
52, or 3.
3%, at $47.
85 a barrel
.
Brent crude futures on the European ICE futures exchange rose $1.
42, or 3 percent, to $48.
58 a barrel
.
Asian ethylene market prices were stable, CFR Northeast Asia prices held steady at 1089.
5-1091.
5 US dollars / ton; CFR Southeast Asia prices held steady at $1059.
5-1061.
5/mt
.

Spot market: Hangzhou PVC market traders quoted prices, waiting for the transaction
.
Type 5 ordinary calcium carbide mainstream self-pickup quotation 5500-5580 yuan / ton, slightly higher quotation is also available
.
The PVC market atmosphere in Hebei is acceptable, the replenishment cost is high, the downstream demand is general, and the price is temporarily stable
.
Ordinary type 5 calcium carbide is delivered without tax 4910-4980 yuan / ton, including tax 5240-5320 yuan / ton
.
The supply of PVC prices in the Linyi market is not much, and the rising cost of replenishment is supported, and the market price continues to rise
.
Ordinary type 5 calcium carbide without tax quotation is delivered at 5000-5050 yuan / ton, and the price of the whole vehicle is slightly lower
.

Merchants are more active in shipments, downstream factories are cautious in purchasing, and most of them are mainly on demand
.
It is expected that the short-term PVC market will still be dominated by large and small movements
.