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The PVC market is mostly stable and has not changed much
.
Merchants continue to ship goods with the market, downstream demand continues to be flat, adhere to on-demand procurement, and the real transaction is just
demand-based.
Upstream market: Oil prices closed up more than 2%, with U.
S.
WTI crude October futures trading near $45.
17, up 2.
31%.
Brent crude for November futures closed up $0.
8, or 1.
71 percent, at $47.
63 a barrel
on Monday.
The price of ethylene in Asia was stable, and the CFR Northeast Asia price held steady at 1194.
5-1196.
5 US dollars / ton; CFR Southeast Asia prices held steady at $1064.
5-1066.
5/mt
.
The spot market traded flat, and prices were stable and small
.
There are not many supplies in the PVC market in Guangzhou, and the transaction has improved, and the price has risen by about
40 yuan / ton.
The mainstream transaction price of ordinary type 5 calcium carbide is 5930-5970 yuan / ton self-pickup
.
Shanghai PVC market trading is flat, demand is not good, traders hold steady and wait-and-see, shipments have resistance, but replenishment costs are high, traders said that it is difficult to reduce prices in the short term, and the space for shipment concessions is limited
.
The PVC market in Qilu Chemical City has not many supplies, and the downstream demand is general
.
Participants accompany the market to ship, the price fluctuates in a narrow range, and the transaction can be negotiated
.
Latest Offer:
Shanxi Yushe's 300,000 tons of PVC is basically at full load, shipments are acceptable, orders are more, and the quotation is temporarily stable
.
Type 5 to the surrounding factory quotation of 5700 yuan / ton, into conversation
.
Shandong Dongyue PVC plant started 90%, the shipment was tepid, the quotation was stable, the 5-type material factory reported 6000 yuan / ton acceptance, the actual transaction can be negotiated
.
Inner Mongolia Yihua PVC started basically full load and the quotation was stable
.
Type 5 is 5700 yuan / ton for the north acceptance, and 6000 yuan / ton
for East China port acceptance.
Due to the limited volume of terminal demand, most buyers are mostly wait-and-see, so the market transaction resistance is relatively large, and the trading atmosphere is relatively calm
.
It is expected that the short-term PVC market will still be mainly running smoothly
.