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The PVC market is mainly
stable.
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
.
Upstream market: Crude futures were higher, with crude futures for August delivery on the New York Mercantile Exchange up 66 cents, or 1.
4 percent, at $48.
99 a barrel
.
Brent crude futures on the European ICE futures exchange rose 64 cents, or 1.
3 percent, to $50.
35 a barrel
.
Asian ethylene market prices were stable, CFR Northeast Asia prices held steady at 1124.
5-1126.
5 US dollars / ton; CFR Southeast Asia prices held steady at $1094.
5-1096.
5/mt
.
The spot market traded flat, and prices were stable and small
.
The PVC market in Guangzhou has a good atmosphere, there are not many supplies, futures are supported by a sharp rise, and spot quotations continue to rise
.
The mainstream transaction price of ordinary type 5 calcium carbide is 5550-5640 yuan / ton self-pickup
.
Shanghai PVC market quotations rose, up around 50 yuan / ton
.
The mainstream self-pickup quotation of type 5 is 5550-5650 yuan / ton, which is slightly lower and the quotation is not much
.
There is not much supply of PVC in the Linyi market, the atmosphere is acceptable, and the price rises
.
Ordinary type 5 calcium carbide excluding tax quotation is delivered at 5050-5100 yuan / ton, and the price of the whole vehicle is slightly lower
.
The PVC market of the plastic exchange fluctuated and sorted, and the trend of each region was differentiated, with mixed ups and downs; From the perspective of the plate, in July 5, the calcium carbide PVC only closed with a slight increase in East China and Northwest China, and the rest closed in a downward trend, with average intraday transactions; As of the close, the settlement price in South China in July was 5580 yuan, down 103.
53 yuan; the settlement price in East China was 5530 yuan, up 10 yuan; the settlement price in North China was 5190 yuan, down 10 yuan; and the ethylene settlement price was 5650 yuan, down 10 yuan
.
Fundamentally, the domestic PVC market continues to improve
today.
PVC in the futures market rose sharply, boosting the spot market atmosphere, the quotations of traders in various markets continued to rise, and downstream terminals may have higher quotations, actively followed up, and market transactions improved; Upstream manufacturers continue to raise ex-factory prices
.
It is expected that the short-term plastic exchange PVC market will be mainly
sorted out at a high level.
