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The PVC market is basically stable
.
Traders are in a wait-and-see mood and adjust
narrowly according to their own situation.
The enthusiasm of downstream factories for procurement is insufficient, the receiving force is weak, and the demand is difficult to show the trend
of volume.
Upstream market: International crude futures prices closed lower, with U.
S.
crude futures for September delivery on the New York Mercantile Exchange closing down $1.
06, or 2.
4%, at $43.
13 a barrel, and Brent crude futures on the European ICE Futures Exchange down 97 cents, or 2.
1%, at $44.
72 a barrel
.
Asian ethylene market prices were stable, CFR Northeast Asia prices held steady at 1119.
5-1121.
5 US dollars / 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, downstream demand is not good, trading deadlock, some transaction prices are down
.
Type 5 ordinary calcium carbide mainstream self-reported 5500-5620 yuan / ton, slightly higher, slightly lower quotation is also available
.
The PVC market in Guangzhou has a calm atmosphere, downstream demand is not good, trading is light, and some transaction prices are slightly loose.
The PVC market in Changzhou is calm, the price is mixed, calcium carbide is slightly loose, and the price of Qilu material is slightly increased
.
Type 5 ordinary calcium carbide, the mainstream self-pickup is 5500-5570 yuan / ton, Zhongtai is slightly higher
.
The overall performance of the market is flat, and it continues to be mainly
wait-and-see.
Most traders ship at stable prices, but the number of terminal inquiries is limited, and the receipt of goods is relatively slow
.
It is expected that the short-term PVC market will be dominated
by narrow finishing.