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The PVC market is mostly wait-and-see, the mainstream of the market tends to stabilize, and some narrow range fluctuations
.
Traders said that the transaction is still not improving, the mentality is calm for the time being, and the main operation is to follow the market
.
Upstream market: Crude oil futures closed higher on Friday, with U.
S.
WTI crude futures for August delivery on the New York Mercantile Exchange (NYMEX) settling up 27 cents, or 0.
6%,
at $45.
95 a barrel.
Intercontinental Exchange (ICE) September global benchmark Brent crude futures settled up 24 cents, or 0.
5%,
at $47.
61 a barrel.
Asian ethylene market prices were stable, CFR Northeast Asia prices held steady at 1134.
5-1136.
5 US dollars / ton; CFR Southeast Asia prices held steady at $1084.
5-1086.
5/mt
.
The spot market traded flat, and prices were stable and small
.
Hangzhou PVC market quotation stabilized, traders actively shipped, and the transaction was slightly profitable
.
The mainstream self-pickup quotation of type 5 ordinary calcium carbide is 5550-5650 yuan / ton, and the slightly higher and slightly lower quotations are also available
.
The Shanghai PVC market did not change significantly, traders stabilized the price and opened on the sidelines, and the trading was flat
.
The mainstream self-pickup quotation of type 5 is 5550-5700 yuan / ton, and the price of some non-delivery brands is slightly lower, and it is a conversation
.
The PVC market in Guangzhou has a stable atmosphere, the transaction is general, the inventory is not large, the merchants follow the market and ship, and the mainstream price fluctuations are limited
.
The mainstream transaction price of ordinary type 5 calcium carbide is 5660-5690 yuan / ton self-pickup
.
The market inquiry atmosphere was stable, and some traders were cautious
.
The intention of downstream enterprises to stock up is not high, and the overall transaction of the market is flat
.
It is expected that the short-term PVC market will be
stable.