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On March 4, the domestic PVC market trend was flat, and merchants mainly waited and
watched.
The cooperation of downstream demand is insufficient, and the overall transaction is in a weak situation
.
Crude futures were mixed on Thursday, with New York Mercantile Exchange benchmark U.
S.
crude futures down 9 cents, or 0.
3 percent
, at $34.
57 a barrel.
Intercontinental Exchange (ICE) Brent crude futures rose $0.
14, or 0.
4 percent, to $37.
07 a barrel
.
In the spot market, the PVC market traded flat and prices were stable
.
Hangzhou PVC market traders did not ship well, high-price transactions were hindered, but the cost of receiving orders continued to rise, and the price adjustment performance was mixed
.
Some traders shipped goods in order to facilitate narrow margins, and some traders followed the factory price with a slight increase
.
The mainstream self-quotation of type 5 ordinary calcium carbide is 5100-5230 yuan / ton, and it is difficult to deal
with high prices.
The PVC market in Guangzhou is calm, futures are supported by rising prices, and the merchants' mentality is stable, but the transaction is average, and the mainstream price fluctuations are not large
.
The mainstream transaction price of ordinary type 5 calcium carbide is 5180-5230 yuan / ton for self-pickup, and the price of Tianye is slightly higher
.
The performance of the Linyi PVC market is calm, and the demand is average
.
Cost support, merchant quotation firm, ordinary type 5 calcium carbide excluding tax quotation at 4800 yuan / ton delivery
.
Merchants are more cautious and wait-and-see, the terminal receives the goods generally, the market supply is sufficient, and the temporary digestion of the source of goods is the mainstay
.
It is expected that the short-term PVC market will be dominated
by stalemate sorting.