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The main contract of PVC futures on the Dalian Commodity Exchange opened 6260 yuan / ton at 1901, closing at 6255 yuan / ton, up 0 yuan / ton, or 0.
00%, from yesterday's settlement price of 6255 yuan / ton, with a trading range of 6225-6280 yuan / ton, with 152044 traded and a position of 271680
.
The domestic PVC market is down, futures are volatile, the spot market is generally traded, and the price is slightly lower
.
The domestic PVC market continued to loosen slightly, traders slightly lowered their quotations, actively shipped, and negotiated transactions, but the transaction was light
.
The upstream calcium carbide market is stable, there is no practical favorable support, and the market is slowly declining
.
Downstream demand is weak, maintaining rigid demand
.
At present, the mainstream quotation of ethylene material is about 7000-7100 yuan / ton, and the mainstream quotation of type 5 calcium carbide is about
6800-7200 yuan / ton.
U.
S.
crude inventories rose for seven consecutive weeks, production increased to an all-time high, and WTI fell
for eight straight days.
On Wednesday (November 7), the December 2018 futures settlement price of West Texas Light Oil on the New York Mercantile Exchange was $61.
67 per barrel, down $0.
54, or 0.
9%, from the previous session, trading in a range of $61.
2-63.
18; the January 2019 futures of Brent crude oil on the Intercontinental Exchange in London settled at $72.
07 per barrel, down $0.
06, or 0.
1%, from the previous session, trading in a range of $71.
36-$73.
55
。
The PVC market is narrowly sorted out, and the trading atmosphere is light
.
Downstream demand performance was flat, traders lacked confidence, maintained the goods, and the real transaction made a small profit
.
At present, the mainstream quotation of ethylene material is about 7000-7100 yuan / ton, and the mainstream quotation of type 5 calcium carbide is about 6800-7200 yuan / ton, and the real transaction can be negotiated
.
The PVC market is mainly stable, and merchants' confidence in the future market is still insufficient, and shipments are the mainstay
.
Downstream demand continues to be flat, and real transactions can be
negotiated.
Zhejiang Plastic Market expects that in the short term, the PVC market will be dominated
by a stable pattern.
