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The PVC market is generally stable
.
Downstream factories continue to sell on demand, and traders are relatively peaceful and less willing to sell
.
Upstream market: Oil prices rose, with West Texas Intermediate (WTI) crude futures for August delivery on the New York Mercantile Exchange rising 27 cents, or 0.
6 percent, to settle at $
45.
41 a barrel.
Intercontinental Exchange (ICE) Brent crude rose 36 cents, or 0.
8 percent, to settle at $
46.
76 a barrel.
Asian ethylene market prices partially rose, CFR Northeast Asia prices rose $10 to close at $1134.
5-1136.
5 / ton; CFR Southeast Asia prices held steady at $1094.
5-1096.
5/mt
.
The spot market traded flat, and prices were stable and small
.
Hangzhou PVC market shipments are not good, quotations have not changed much, narrow range to profit
shipments.
Type 5 ordinary calcium carbide mainstream self-pickup quotation 5550-5680 yuan / ton, slightly higher and slightly lower quotation is also available
.
The PVC market in Guangzhou has a calm atmosphere, downstream demand is not good, the overall trading is deadlocked, and the transaction price of some real orders is slightly loose.
There are not many sources of PVC in the Linyi market, and the shipment is average, and the price is stable
.
The quotation of ordinary type 5 calcium carbide excluding tax is delivered at 5100-5150 yuan / ton, and the price of the whole vehicle is slightly lower
.
As of 15 o'clock, the quotation of some grades of spot PVC of China Plastic rose by 200 yuan / ton, of which S-101-1/Shanghai Sanyi was as low as 9,800 yuan / ton (up 200), and S-101-2/Shanghai Sanyi was as low as 9,800 yuan / ton (up 200).
Downstream demand is still light, the actual transaction is average, and there are mostly on-demand purchases, and merchants are mostly holding a wait-and-see attitude
.
It is expected that the short-term PVC market will be dominated
by sideways.